Free moisture loss at 105 degree centigrade shall be 8% maximum
Subject to the price adjustment set forth in Clause 5, the purchase price of the product
per Metric Ton based on MN 43% for Lump size is USD: per metric ton CNF Main
The unit price shall be adjusted quarterly based on the current marketing price and
Bonus:If the MN is higher than 43.00%, the base price shall be increased by USD 6.00 per MT for each 1% of MN exceeding 43.00% fractions pro-rata.
Penalty:If MN is lower than43.00%, the base price shall be decreased by
USD 6.00 per MT for each 1% of MN lowers than 43.00% fractions pro-rata.
Rejection: If MN is lower than 40%, the buyer has the right to reject the products.
Moisture content adjustment :Moisture at 105 degrees centigrade, if the content is over 8%, the base price shall be reduced by 1% per each 1% of moisture exceeded.