Mineral for Import

RFQ Details

SELLER: Guangxi Leanyon Asset Management Group
SUPPLIMENT: 50, 000 tons Per month , depending on the rail capacity
LOADING PORT: Fangcheng Port China
DELIEVERY TIME: As Buyer appointment
PLACE OF DELIEVERY: The Ship Buyer appointment
Indicator Unit Request Numerical
Carbon % WT Min 83
Ash %WT Max 14
Volatile %WT Max 1.9
Sulphur %WT Max 0.8
Total moisture %WT Max 8
Crush strength %WT Min 80%
Abrasion resistance %WT Max 10%
Size20mm-50mm %WT Buyer option 90%
1. PRICE ADJUSTMENT AND REJECTION
1) Carbon: no less than 83%: between 81% -83% for every 0.1% drop in unit price deducted USD0.2/ ton, below 81% rejection or for every 0.1% drop in unit price deducted USD0.5/ ton.
2) Ash: no more than 14% for every 0.1% increase in unit price deducted USD0.2 / ton, above 16% rejection.
3) Volatile matter: no more than1.9, for every 0.1% increase in unit price deducted USD0.2/ ton, above 2.5% rejection.
4) Sulphur: no more than 0.8%, for every 0.1% increase in unit price deducted USD0.2/ ton, above1.2% rejection.
5) Moisture: no more than 8% (as received), for every 0.1% increase in quantity deducted 0.1%.
2. Another Terms:
1) Before the goods pass the ship's rail the costs shall be for the Seller's account
2) The final payment base onto The weight and chemical specifications determined by CIQ at the loading Port
3) The buyer shall open an irrevocable letter of credit payment at sight in favour of Seller for an amount in US Dollar sufficient to cover 100% of every vessel contained in the value of the cargo each through any First Class International Bank
4) Fangcheng Port can moor no more than 100, 000 tons ship and the discharging rate is 10, 000 Wet Metric Tons per weather working day of twenty four (24) consecutive hours

The price in bulk FOB Fangcheng Port