Origin : South Kalimantan Quantity: (min) 50,000MT û (current max) 100,000MT per month Packing : BULK Loading port : open sea anchorage Taboneo Price : USD66/MT FOB MV Payment term: Non-operative irrevocable, Non-transferable, Revolving Documentary Letter of Credit from Prime Bank : 98% at Sight (after BL, Invoice & COA) at Indonesia loading port + 2% against CCIC/SGS upon arriving at destination port. Not favour to CIQ. Performance bond : The Seller shall issue a non operative 2% Performance Bond Guarantee (PBG) of the LC value, and shall be confirmed irrevocable. Performance Bond Guarantee ONLY applies: 1) To guarantee first shipment being spot trial delivery FOB, if the seller fails in the delivery 2) If long-term contracts and PB used to support the Master LC issued by buyer 3) Performance Bond Guarantee is not used for the purchase of CIF, unless the buyer publishes Master LC, then the seller will back up with PBG. Bulk.
Mexico iron ore 65%fe Specifications : fe : 65% rejection below 64% Ai203 : 0.70% 2.5% max rejection over 3.0% Sio2 : 2.50% 3.5% max rejection over 4.5% Sulphur : 0.005% 0.03% max rejection over 0.05% Phosphorus : 0.02% 0.08% max rejection over 0.10% Physical characteristics Below 0.15 mm 25% max. 0 - 10 mm 95 % min. 10mm 5% max Moisture 8% max at 105 degrees centigrade Quantity : 50, 000 mt / month ( 10% more or less ) Delivery : china port Contractual term : 12 months / one year Loading port : mexico port Price : usd 67.00 cnf Price revision : every three months Payment : after the buyer receipt the copy of bill of lading for the shipment. The buyer will open an irrevocable letter of credit for the total value within two bank working days. Lc will be irrevocable & 95% at sight. The remaining 5% of lc value will be remited after cargo arrive the destination port Inspection : sgs at loading port , cost to seller Ciq at discharging port, cost to buyer Bulk
