NEW 2011Soft Offer- IronOre Fe 60% - Peru- 30,000 mt per Month in FOB & CIFBasis.
Commodity : Iron Ore, lumps.
Origin : Peru.
Quantity / Month MT : 30.000 tons per month during one year + 5% month
Contract : First year 360.000 MT.
Delivery Conditions : Bulk commodity.
Sell condition : FOB or CIF
Loading Port : Any port from Peru.
Trial Shipment: Irrevocable, Confirmed, Non transferable Letter of Credit payable 100% at sight after presentation of the set of shipping documents issued by a prime international bank. For the first Shipment (NO PB).
1. Price : Fe 60% US$ 154.00 Pmt - CIF ASWP
US$ 109.00 Pmt - FOB
2. Initial Delivery : 60 days after issuance of L/C, from 2 shipment each 30-45 days.
4. Inspection : SGS
5. Price Adjustment : If the Fe content is above 60%, the Seller is entitled to a price increase of US $ 2.00 per MT for each 1.00% (One percent), fraction pro rata. If Fe content is below 60%, buyer has the option to reject the Iron Ore.
6. Chemical Composition :
Fe : 60% min, rejection below 60%.
1. Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe.
Photos & Lab Analysis after LOI approval
CORPORATE SOFT OFFER
IRON ORE FE 60% - PeruOrigin : Peru.
Quantity / Month MT : 30.000 tons per month during one year + 5% month
Contract : First year 360.000 MT.
Delivery Conditions : Bulk commodity.
Sell condition : FOB or CIF
Loading Port : Any port from Peru.
Term of contract : One year Minimum with Extension
Payment Term :Trial Shipment: Irrevocable, Confirmed, Non transferable Letter of Credit payable 100% at sight after presentation of the set of shipping documents issued by a prime international bank. For the first Shipment (NO PB).
Contract
Irrevocable, Confirmed, Non transferable and revolving Letter of Credit (``RDLC´´) payable 100% at sight after presentation of set of shipping documents in US$, issued by a prime international bank, in favor of the Seller covering 100% (Hundred percent) of the cargo value, included purchases to be incurred within the twelve month / (or additional) of the contract period.1. Price : Fe 60% US$ 154.00 Pmt - CIF ASWP
US$ 109.00 Pmt - FOB
2. Initial Delivery : 60 days after issuance of L/C, from 2 shipment each 30-45 days.
- Price Adjustment : Each 3 months (Quarterly)
5. Price Adjustment : If the Fe content is above 60%, the Seller is entitled to a price increase of US $ 2.00 per MT for each 1.00% (One percent), fraction pro rata. If Fe content is below 60%, buyer has the option to reject the Iron Ore.
6. Chemical Composition :
Fe : 60% min, rejection below 60%.
PROCEDURES
NOTES
Visit to the mine after signing Letter of CreditPhotos & Lab Analysis after LOI approval
Best Regards,