Specification |
38/40 |
Payment |
Letter of credit |
Packing |
散装(bulk) |
Price Terms |
CIF China Main Port |
<p>
supply of Semi Carbonated Mn Ore 37.5% grade of South African origin.</p>
<p>
</p>
<p>
COMMODITY: MANGANESE ORE (semi-carbonated)</p>
<p>
</p>
<p>
CHEMICAL SPECIFICATIONS:</p>
<p>
Average Maximum </p>
<p>
Manganese (Mn) 36.50pct 42.00pct</p>
<p>
Iron (Fe) 6.41pct 10.93pct</p>
<p>
Silicon Oxide (SiO2) 7.70pct 10.72pct</p>
<p>
Phosphorus (P) 0.03pct 0.04pct</p>
<p>
Aluminium Oxide (Al2O3) 0.35pct 0.59pct</p>
<p>
Sulphur (S) 0.01pct 0.02pct</p>
<p>
</p>
<p>
LOI: 14.24pct 16.56pct</p>
<p>
Sizing: 6mm – 75mm </p>
<p>
Moisture: 3pct Max </p>
<p>
</p>
<p>
QUANTITY: 40,000 MT (+/-10%)</p>
<p>
PACKING: BULK</p>
<p>
ORIGIN: SOUTH AFRICA</p>
<p>
PRICE: $ 4.60/DMTU CFR India/China</p>
<p>
</p>
<p>
SHIPMENT: May 2017, subject to receipt of workable letter of credit, suitable vessel space and sufficient rail capacity. </p>
<p>
</p>
<p>
INVOICE WEIGHT: Based on actual dry weight per unit (DMTU) shipped</p>
<p>
</p>
<p>
PAYMENT TERMS: (98%/2%) 100 pct of cargo value payable in USD by irrevocable letter of credit, to be opened available, negotiable and payable at sight against</p>
<p>
presentation of the following documents within 21 days from Bill of Lading date:</p>
<p>
</p>
<p>
Provisional payment of 98 percent payable against presentation of the following documents:</p>
<p>
</p>
<p>
I. Seller’s Provisional Invoice in 2 original and 3 copies;</p>
<p>
II. Full set of 3/3 original Clean on Board Ocean Bills of Lading</p>
<p>
III. Mitra S.K. /Intertek Certificate of Analysis with figures as determined at loading port in 1 original and 3 copies;</p>
<p>
IV. Mitra S.K. /Intertek Certificate of Weight with figures as determined at loading port in 1 original and 3 copies;</p>
<p>
V. Packing list indicating gross weight and net weight of each container, with Mitra S.K. / Intertek seal 1 original and 3 copies</p>
<p>
VI. Original Certificate of Origin issued by local Chamber of Commerce in 1 original plus 3 copies</p>
<p>
</p>
<p>
Final payment of approximately 2 pct payable against presentation of the following documents:</p>
<p>
</p>
<p>
VII. Original Seller’s Final Invoice</p>
<p>
VIII. Photocopy CIQ Certificate of Analysis with figures as determined at discharge port</p>
<p>
IX. Photocopy CIQ Certificate of Weight with figures as determined at discharge port </p>
<p>
</p>
<p>
</p>
<p>
PROCEDURES: Should you wish to accept an offer from us, we will require a confirmation in writing and will provide you with a draft contract. This contract needs to be signed/sealed and returned to us within 2 business days so we can book the cargo and allocate the quantity requested by you. </p>
<p>
L/C should be issued within 5 business days of contracts being signed.</p>
<p>
</p>