we would like to offer you, Bauxite Ore CIF FOB per MT. Origin from the Philippines, or Malaysia. Monthly shipment 300,000 MT. Kindly send me the LOI for more details.
best regard
Greetings, we are Saudi Arabian company manufacturing, and dealing with Railways, Used rails, HMS1&2. And I would like to make you an offer:
For 500,000 MT= $250
1 million to 2 mil = 215$
2mil to 3mil= 200$
4 million to 5 mil =$180
More than 5 mil = $160
the procedure:
1- you issue the LOI
2- seller will issue the FCO
3-if accepted by the buyer sign and send it to us.
4- buyer requests to open a Commercial Invoice which will be paid by the buyer company and issue the contract.
When a contract is approved by the buyer the bank process must be started. there will be no inspection of materials or documents till the LC MT 705 draft is issued.
5- after issuing the LC the factory will issue 20% of the total contract value in bonds as a penalty. we will invite you on our cost to visit the factory and all your requests will be achieved.
6- when you are happy and satisfied you can approve the LC now and shipment will start immediately.
7- In case the buyer could not comply with the conditions of the method of payment which will be a full guarantee for the LC for the total contract he is obligated to a penalty of 100 thousand USD as a company wasted time fee.
I hope my explanation is clear and useful for you. if you accept those steps reflect it in your LOI and we will proceed immediately. our supply capacity is around 30,000MT to 500,000MT monthly.
NOTE: When opening an LC, only 20% of the total amount is needed
