Product Main

Specifications

Chemical:
MN:43%up basis       (rejected below 40%)
AL2O3:2.00% maximum
FE:5.00% maximum
S:0.10% maximum
P:0.10% maximum
SiO2:6.00% maximum
b):Moisture (As Airdry basis)

Free moisture loss at 105 degree centigrade shall be 8% maximum

c):Physical Size: 10-100mm 95%

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

eaport in China
 

The unit price shall be adjusted quarterly based on the current marketing price and

mutually agreed by both parties.
MN Content adjustment

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.