Moisture max. 7%
Article 3 Quantity:
500 MT, partial shipment not allowed.
Article 4 Origin and Port of loading
4.1 Republic of ABC
4.2 Loading port:
Article 5 Packing/Delivery
5.1 In50 kg sack
5.2 Incontainer Shipment, more or less 20 tons.
Article 6 Shipment/Delivery
6.1 500MT(+/-5%)partial shipment not allowed
6.2 Shipment will be 90 days after signing of this contract and after the acceptance of the Letter of Credit by seller’s bank. L/C will be openedafter BuyerreceivingProforma Invoice from Sellerwith confirmation of the delivery schedule.
6.3 The Buyer has the right to appoint the independent surveyor or his representative to conduct the Pre-shipment Inspection and/or conduct the joint-inspection of the material with buyer for his own account.
Article 7 Contracted Price and Values
Price:Mn: 48% and above - USD0.00/%/DMTCFRCY Port, China
40% - 47.9% - USD 0.00 /%/DMTCFRCY Port, China
The Mn content will be average of the joint-inspection testing result at loading port.
Article 8 Payment
8.1 Payment shall be effected in full by an irrevocable Letter of Credit, which will be opened by 1stclass bank in Hong Kong or Singapore, 100% at sight upon presentation of shipping documents.
A. Seller’s Banking Details:
Bank Name :
Bank Address :
Account Name :
S.W.I.F.T. CODE SWIFT:
B. Buyer’s bank issues L/C to the Seller's bank via S.W.I.F.T. wire transfer.
Buyer’s Banking Details:
Bank Name : (will be advised)