We would like to inform you we have an new offer for you as follows :
If following offer is acceptable with term and condition, send us LOI + BCL to proceed.
1.Commodity: Iron Ore Fines 62% +-1
2.Country of origin: Iran.
3.Quantity: 150,000 MT year
4.Duration of supply: 30 - 45 days from the date of receipt of confirmed and activated L/C.
5.Price for Unit: US$ 130 C&F / US$ 90 FOB.
6.Shipment Details: 10000, 30,000, MT per shiploads.
7.Loading Port: Bandar Abbas Iran sea port.
8.Discharge Port: Choice of buyer
10.Packing: Bulk or Containers
11.Inspection: By SGS at the port of loading cost to seller
12.Performance Bond: 2% of the LC value.
13.Insurance:Will be arranged by Seller Cost to buyer.
14.Sellers Bank Details:
15. Payment Terms: By way of documentary letter of credit advised and confirmed by one of the top 100 International bank should be Irrevocable transferable payable 100% at site upon submission of the documents and unrestricted for negotiations at sellers bank counters
16.Documents for negotiations:
-Certificate of Origin
-Clear Ocean Bill of Loading marked shipped on board
17.Validity of the Offer: 7 Working days from the date of issuance of the offer.
18. Procedure to Follow:
A. Buyer and Seller Sign the Sale Purchase Contract.
B. Buyer sends Pre-LC Advice.
C. Seller issues Non operative Performance Bond.
D. Seller verifies the text of LC.
E. Buyer activates the LC after incorporating the amendments and Seller activates the PB
Shipment commences within 45 days from the date of activated L/C.
Documents for negotiation for payment will be submitted within 15 days from the date of shipment
Payment to be made through Swift or Wire Transfer upon receipt of the document