Sell Iron Ore

Description

We have capacity to supply Iron Ore Lumps as follows: Iron ore Fe *3% rej *1%

Commodity:Iron ore *3%,reject < *1%
1. loading port ; tanjung taboneo or pemancingan,
2. Qty: *0.**0mt per month or **0.**0mt per year.
3. Price: .. FOB MV by LC at sight.
4. Bonus USD 2/mt if Fe more than *2  and penalty USD 2/mt below Fe *2.
5. Payment by LC at sight.
6. PB 2% after seller get non operative LC.
7. Delivery is *5 days after getting  LC.
8. Inspection by Sucofindo/Surveyor Indonesia at seller account.
9. Visit after lc is opened.

Commodity: Iron ore Lumps, Fe *3%  basis, Packing in bulk

Quantity: Total quantity (+/- *0%): *0,**0 MT for the 1st shipments and after the following Shipment Up to **0,**0 MT  per Month.

Delivery date:  For the 1st Shipment, Seller loads the goods within *5 days after receiving the buyer’s

Transferable L/C and confirmed by the Seller Bank, the following shipment is every*0 days from the  1st Shipment

Country of Origin:  Indonesia

Port of Loading: South Kalimantan.

Loading Rate: 8.**0 MT per day

PRICE: FOB term only

Price to be negotiated per every  three months for the  year contract.

Specification at loading port:  Guaranteed (% weight by dry basis),

Fe   *3 %  basis,  Rejection( below *1 %)
Al2O3  4.*0 % max   Rejection above 6.0%
SiO2    4.*0 % max   Rejection above   6.0%
Sulphur     (S) 0.*7 % max  Rejection above   0.*9%
Phosphorus  (P)  0.*7 % max  Rejection above  0.*9%
Moisture  8 % max at **5 degree centigrade.
Size    0.1 mm up to  *0 mm Max.

For Fe : The base price shall be increased at a rate of USD 1.5 per DMT for each 1 % Fe above *2.*0 %, pro rata, payable upon SUCOFINDO or SGS Inspection and Report at the Loading Port.

The base price shall be decreased at a rate of USD1.5 per DMT for each 1 % Fe below *1.*0 %, pro rata, payable upon SUCOFINDO or SGS Inspection and Report at the Loading Port.

Buyer has the right to reject of Cargo or negotiate to achieve a mutually agreed price Iron Ore of Fe below *0 %.

Weight Determination;
The weight of each shipment of Iron Ore shall be determined at the Loading Port by a survey of the vessel's draft which to be conducted by SUCOFINDO or SGS (to be nominated by Buyer at seller’s cost) and together with vessel master or chief.  The draft survey figures must be the same weight of Bill of Lading.

The Certificate of Weight provided by SUCOFINDO or SGS  shall constitute the basis for  the Sellers invoice; Therefore determination of weight will be final and binding at Loading Port.

The cost of such weight Determination shall be for the Seller's account.

Payment; LC at sight for FOB term. (for CNF/CIF payment would be by SBLC after which seller issue 2% PB)

The certificate of weight issued by SUCOFINDO or SGS  by scale at loading port as per Clause 8 together with the certificate of analysis of sample and of the percentage of free moisture loss at **5 degree centigrade.

If interested, reply with your full requirement to proceed with accurate quotation.