We could supply you steam coal direct from end supplier.
Terms: FOB, CNF, and CIF
Price: ask us
Quantity: minimum 40,000MT/month. NO SINGLE SHIPMENT (SPOT) .
Gross Calorific Value (GCV) Dry Basis (DB) 6600 to 7000 Kcal/kg min,
Total Moisture content as on received basis 6 to 10 % max,
Moisture as on Air Dried Basis (ADB) 4 to 6 % max,
Ash Content (ADB) 16 % max,
Volatile matter (ADB) 25 to 40 %
Sulphur content (ADB) 0.7 %
Grindability of coal according to hard grove index 40 to 60 min,
Fuel Ratio (FC / VM) Less than (<) 2.00,
Approximate Ash softening point 1050 to 1360 0
Approximate Ash fusion point above 1350 to 1450 0
Approximate Ash flow point above 1400 0
Size of ore 0 to 50 mm
PROCEDURES AND TERMS
The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) with Full Banking details and with Soft Probe Permit or an Irrevocable Letter Of Intent (LOI) with Bank Comfort Letter (BCL) .
The Seller issues a Full Corporate Offer (FCO) to the Buyer.
The Seller issues a draft contract to the Buyer.
The Buyer returns revised draft contract to the Seller via, fax or email.
The Seller reviews and confirms any changes made in draft contract by the Buyer. If the Seller agrees to the changes made by Buyer, the Seller issues the final binding contract via fax or email.
The Buyer returns the final agreed contract duly signed and sealed via email or fax.
The Seller will then scan the fully signed, sealed and initialed Contract and email or fax the Soft Copies to the Buyer.
The Seller will issue to the buyer four (4) original hard copies of the contract via courier to Buyers address as stated in the contract.
Immediately upon receiving the Sellers signed and sealed Hard Copies of the contract via Courier the Buyer will personally sign and seal the 4 Hard Copies and return two (2) originals by courier to the Seller.
Within seven working days of the Buyer receiving the Sellers signed and sealed Hard Copies of the contract via Courier the Buyer will open an non operative payment instrument to the Sellers bank in exchange for Proof Of Product (POP) Bank to Bank which will automatically activate non operative payment instrument into operative.
The Seller will, within 5 working days of receipt of an acceptable operative payment instrument, provide the Buyer with a 2% Performance Bond against confirmed value of monthly shipment.
Shipping of the product will commence within thirty (30) to forty-five (45) days from date of Sellers receipt of the acceptable operative payment instrument.