Product: MANGANESE ORE 42% PURITY, REJECTION AT 40%,
P 0.15% Max,
Fe 0.7% Max,
S 0.05% Max,
Al203 5% Max,
Si02 10% Max,
Moisture 3%
Size:
30 m. to 90 mm. ==> 80% to 90%
Above 90 mm. ==> 5% max
- Below 30 mm. ==> 10% max.
Quantity: 25,000 MT monthly Min. order. X 12 months with Renewals, up to 50,000 MT per month
Price FOB: Price US$3.5 per point.
Origin : Mexico
Loading port: Manzanillo Port
Delivery: FOB TERMS (Incoterms 2020) AT BUYERâ??S REQUEST
Documents:
Commercial
lnvoice One(1) original and five (5) copies signed & sealed.
Inspection certificate One (1) original and five (5) copies of certificate of quality quantity and weight inspection issued by SGS/Intertek. The certificate indicates the inspection attendance time at loading port. Certificate showing:
Name and quantity of cargo;
Name of carrying vessel and sail date; Port of discharge;
Vessel Inspection & clean on board certificate or report in 1 original and 3 copies issued by SGS/Intertek in Mexico.
Packing list One (1) original and three (3) copies of packing list showing:
Gross / net weight;
The number of ocean bill of lading;
Origin certificate One (1) original and four (4) copies issued by or endorsed by chamber of commerce of relevant government
authority of the country of origin of the product;
Performance bond: 2% monthly value in LC.
Inspection: SGS inspection of quantity and quality in port of loading by the seller, inspection at port of discharge pay the buyer., CIQ , Buyer pays at unloading port.
Payment: DLC Letter of Credit at sight 100%.per contract,. Payment is within 3days by T/T (MT103) payment of each shipment after inspection,
Trial Payment: 100% By Letter of Credit MT700 at sight against BL and SGS of Quality and Quantity in loading port
Other Terms and Conditions:
Due to the amount of sample (Trial order), it may be necessary to pack in Big Bags and consolidate in containers. This will generate an extra cost between US $ 7 to US $ 9 per metric ton and will be added to the value of the product.
PROCEDURE :
1. The seller will issue a soft corporate offer (SCO)
2. The buyer issues a letter of intent (LOI)
3. Issuance of the seller of a draft sales contract (SPA)
4. After verification of the document, the buyer approves signing the SPA
5. The buyer issues a DRAFT LC (MT-700, documentation, irrevocable and confirmed letter of credit, which must be issued by a Top 20 bank in the world, upon presentation of POF- Proof of Funds, or issuance of BCL-Bank Comfort Letter by the buyer)
6. Then, the seller begins to make the arrangements and provides the following presentation
documents:
- Certificate of origin
- Certificate of weight and quality by SGS or another similar company
- Commercial Invoice
- Export declaration.
Sincerely,
