Iron Ore Pellet Feed 65% up to 400,000 MT a mo, CFR

We have supply of Iron ore Pellet feed 65%.

This product is High in Demand.

Quantity : 160,000 MT monthly + Increment to 400,000 MT. Monthly with R & E.

Price : U$ - 7% Minus CFR Average Index price.

PRICE Formula [US$/DMT]
[Platts 65% Fe CFR China + U$5 Premium – Freight rate] / 65 |+ U$2.00/DMT Trafalgar’s Commission|
Where:
1] Platts 65% Fe CFR China corresponds to the average price on the Settlement Period, as published by
Platts for IO Fines 65% Fe CFR China, in US$/DMT
2] Freight Rate (US$/DMT) = [Freight Rate Baltic Route C3]/[1-MLP]
MLP: moisture content at loading port
3] Settlement Period (SP) for Platts: M+1 (being M the month of B/L
date); For Baltic C3:M

LOADING RATE
Seller shall guarantee a loading rate of 30,000 WMT per weather working day of twenty-four (24) consecutive
hours; Saturdays, Sundays and holidays included.

LOADING PORT: Caldera / Totorallio –Chile

PAYMENT TERMS:Buyer shall open an irrevocable Letter of Credit at sight in favor of Seller in a first class bank, covering
100% of the shipment’s value in the name of end seller. No exceptions.