DESCRIPTION OF COMMODITY: IRON ORE 62% min 63% max
ORIGIN: (specify country, state, province) chile
QUANTIY: (example: Metric Tons (MT) 100,000MT + MONTHLY DESIRED CONTRACT LENGTH: (how many months) One Year O MORE DELIVERY: (example: How many vessels per shipment) Eight (8) Containers Per Shipment, bulk carry or big bags. PACKAGING: (methods example bulk, in container etc) iron ore in 25MT in 20FT Container in Bulk.
FULL SPECIFICATIONS: (detailed description of product) iron ore 61% min 67% max PRICE: (example: per MT / currency / CFR) USD platts -10% /MT ( more the discount)
PAYMENT TERMS: (state acceptable method of payment and terms) 95% payable against shipping documents and 5% balance after inspection at discharging port LETTER OF CREDIT (LC), IRREVOCABLY, CONFIRMED, TRANSFERABLE, UNCONDITIONALLY, BANK TOP 10 BRANCH DELIVERY TERMS: (example how many days after accepted procedures to sellers bank) Five working days on receiving of shipping documents by the buyer bank
INSPECTION METHOD: Inspection agency by EYEVIEW INSPECTION AGENCY accepted by Buyer and Seller
PROCEDURES OF THE TRANSACTION: (what happens or should happen and when) On receiving of the L/C by the Seller from the buyer. The seller will ship from mexico where the buyer will receive iron ore
MAIN PORT: huasco chile