We have the following buy requirement
Commodity: Iron Ore Fe 62%
Quantity required: 150,000 mt/month x 12 months
Price terms: Iron Ore CFR China Index Price less 13%
Delivery terms: CNF – Cost & Freight as per INCOTERMS 2000 latest amendments
Destination Port: Main China Port
Payment terms: 100% Irrevocable , confirmed Documentary Letter of Credit, issued from a first class Bank.
- 90% is based on the CCIC fast inspection report within 3 days
- 10% is based on original CIQ quality and weight certificates
2% PB will be opened on non-operative basis to buyer bank .The buyer bank transmit to seller bank the Irrevocable confirmed DLC.
When having questions on Requesting Iron ore 62%, please send your inquury!
