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Sulphur Granular in 50 kg Bags Product Sulphur Granular Packaging 50 kg bags Origin Kazakhstan
Contract Quantity eg monthly for 12 months Delivery Term CIF Port Target Price USD MT CIF

Please note for an FCO The buyer sends a letter of intent LOI with all details so that we can send him a complete FCO with price If the buyer is interested we will gladly send the address for the LOI We think that this is the right way to go as we recognize serious buyers and not Intermediary groups that cannot conclude legal transactions

111 Commercial Terms Delivery Mode Cost Insurance and Freight CIF basis
Payment Terms 100 Documentary Letter of Credit DLC nontransferable irrevocable operative via MT700 Alternatively SBLC via MT760 as per sellers banking verbiage

112 Transaction Procedure CIF
1 Buyer issues ICPO and Letter of Acceptance including acceptance of sellers delivery procedures on official company letterhead Includes Buyers company profile registration certificate and banking details
2 Seller issues Sales and Purchase Agreement SPA
3 Buyer signs and returns the SPA with a letter of compliance guarantee Seller issues Partial Proof of Product PPOP
a Export License
b Certificate of Origin
c Irrevocable Commitment to Supply
d Proforma Invoice for First Month
e Product Availability Statement
4 Within 7 banking days buyers bank issues operative SBLC MT760 or DLC MT700 according to sellers bank requirements
If the financial instrument is not issued in time the buyer provides a security deposit of USD 320000 via TT
Seller provides a notarized refund guarantee Kazakhstan High Court
This deposit is deducted from the invoice total after inspection at the discharge port
Upon financial security seller submits
a Full POP documents
b 2 Performance Bond
c Schedule TTM meeting at buyers secure location
5 Shipment starts upon confirmation of financial security
Delivery within 525 days
SGS at loading port sellers cost at destination buyers cost
6 Buyer releases final payment by MT103 after successful QQ by SGSCIQ at destination
7 Contract continues on annual basis as per SPA