Trade Lead Description:
We hereby wishes to confirm with full corporate and legal liability that it is ready, willing and able to purchase the Iron Ore Commodity in accordance with the Specifications, Terms and Conditions indicated below:
1. Commodity—Iron Ore (Packaging in bulk);
2. Quality—seller and buyer will sign contract after the confirmation of Iron Ore Specifications and price.
3. Quantity—no less than 100,000MT (+/-10%) (Fifty Thousands) plus /minus 10% at The Seller’s Option, every 30 (Thirty) calendar days, shall have a duration of 1 year and automatically extended by mutual agreement by both Parties;
4. Trade Terms—CIF main port of China.
5.Shipment Date—Shipment shall be made within 20 days from date of opening a fully workable L/C.
6. Payment Terms —Upon seller issued a Performance Bond (PB) for the amount of 2% of the DLC within 10 days, According to ICC UCP600,buyer will issue an irrevocable, non-transferable documentary letter of
| Type of Offer: |
Offer to Buy |
| Quantity: |
50000 |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from China - Beijing on 17 March, 2012
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