We are glad to offer you our IRON ORE with following terms and conditions: Commodity : Iron Ore Fines Chemical Specifications Fe 64.0% Guarantee Moisture 9% Max for Rejection Size From 1mm-200mm Quantity: Min.30,000 MT (+/- 10%) per month. Unit price : CFR Rizhao, Shandong, China USD75.0/MT Origin : Indonesia Loading port : Any port of Indonesia Delivery: First shipment shall be effected within 55 days to discharge port from the date of receipt of Letter of Credit and the subsequent shipments within 30 days after LC. Inspection : Quality, Quantity, Weight by SGS at sellers cost at loading port. Payment : Irrevocable, transferable &divisible, autorevolving letter of credit payable at the counter of the sellers bank. T/T reimburse is allowed. The L/C to be opened via Bank of China. PBG: Letter of guarantee will be issue for the supplier failing which seller will pay a penalty of 2% of the total volume
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