clause 1: name of commodity ironore fines
countryof originindia
port ofloading gangavaram, vizag,
krishnapatnam
mainport,india
port ofdestination main port, china (tba)
clause 2: deliveryperiod and
shipment schedule: from june30, 2010 to may 30, 2011
:250,000 mt (+/-10%) 1stshipment (125000 x 2 shipments)
500,000 mt (+/-10%) x 11months
all shipments are within 45weather working days.
clause 3: specifications
(1) foriron ore fines:
chemical properties
fe 63.50%basis/ 62.5 %rejection
sio2 3.50 %max.
al2o33.50% max.
s 0.07%max.
p 0.07%max.
moisture 8.00% max.
physical properties
size0-10 mm 90% min
+10 mm 10% max
0.15 mm10% max
clause4: price
for iron ore fines: thefirst shipment of 250,000 mts, the confirmed priceis$132.00perdry metric ton (dmt)cfr main portof china. this price is based on 63.50% fe, fractionpro-rata.
clause 5:payment:
buyer will issue airrevocable, documentary letter of credit payable at sight ona 80/20 basis.
98 percent will be paid on a80/20 basis.
applicant bank shall top 20internationally recognized bank.
操作程序:
賣方提交sco,買方確認回簽.
提交icpo(loi+softprobe),并允許軟查證。
賣方交出fco交給買方,賣方確認后交出合同草本。
買賣雙方共同簽署合同,賣方交出Zui近的船舶信息和sgs檢測以及Zui近的提單。
合同簽署后5日內(nèi),買方開出idlc,賣方對信用證確認后5日內(nèi)開出有利于信用證接收方的2%生效履約保證金。
賣方接證后35天內(nèi)第一船裝貨啟運。
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