
COMMODITY: Iron Ore
ORIGIN: Africa and Latin America
QUANTITY: min.50,000 MT per month
CONTRACT DURATION: 12 (Twelve Months) with rollover and extension.
DELIVERY TERMS: FOB only.
LOADING PORT: according to the Seller's country
PRICE: Due to the uncertainty of market prices, prices will be quoted in the FCO on the date of receipt of the formal LOI
PAYMENT TERMS: 100% SBLC MT-760. MT-103/TT Against Shipping document at the Loading Port.
PACKING: In Bulk
INSPECTION: SGS.
SPECIFICATION: The buyer is obliged to specify in the LOI its quality parameters of ore
