IRON ORE
PRODUCT /COMMODITY: IRON ORE
DELIVERY: PROPOSED 10,000MTS , 20,000MTS, 30,000MTS, 50,000MTS -60,000MTS /MONTHLY
LUMP SIZES: 0-10mm , 0-1m To 10mm
SPECIFICATIONS: 54%, 56%, 62%, 64% , 65-67%, 70%-80%, Fe 203 99%, Fe 203 60%
ORIGIN: NIGERIA
DURATION: TWELVE MONTHS (12) WITH POSSIBLE ROLLOVERS CONTRACT
QUANTITY: MINIMUM 150MTS /AS PER BUYERS INTEREST /MONTHLY
MAXIMUM : 500,000MTS AND ABOVE /MONTHLY
DELIVERY : CIF CHINA PORT
PRICE: FOB $70-$100USD PER MT
CIF $127USD CHINA PORT
PAYMENT : CONFIRMED BANK DOCUMENTATION (BDLC) , LETTER OF CREDIT PAYABLE AT SIGHT
INSPECTION: BY SGS AT PORT OF LOADING ON SELLER’S ACCOUNT , AT PORT OF DISCHARGE ON BUYER’S ACCOUNT ( OPTIONAL)
INSURANCE : ON SELLER’S ACCOUNT
STANDARD DOCUMENTS FOR EXPORT.
