Sell Soft offer of Iron ore (Fe 64.5%)

Soft offer of Iron ore (Fe 64.5%) You May Also Be Interested In: fe 64.5 iron ore 64.5 iron ore 64.5% iron ore lumps
-Commodity: Iron ore lumps or fines (Fe 64.5%)
-Origin: Kenya
-Quantity: 60,000 MT trial shipment
-Loading port: Mombasa
-Contract supply: 12 months
-Partial shipments: Allowed
-Packing: bulk cargo vessel
-Inspection: SGS
-Delivery: CFR Incoterms 2000
-Price: USD 78 / MT CFR
-Payment terms: Transferable LC 100% at sight
-Offer subject to change

Specifications:
-Fe: 64.5% (reject below 63.0%)
-P: 0.08% max
-S: 0.08% max
-SiO2 <5.00%
-Al2O3: 0.50%

-Moisture: 8.00 max
-Physical size: < 10 mm: 5% max
10 mm - 40 mm: 90%
> 40mm: 5% max

Procedure:
1. Seller issues soft offer
2. End-buyer issues LOI
3. Seller issues draft contract
4. Seller issues final contract
5. Buyer issues non-operative LC
6. Seller provides 2% PB to activate Buyer's LC
7. Shipment within 45 days
Supply Capacity
50,000 MT per month
Certifications
SGS
Lead Time from Order to Shipment
45 days
Terms of Payment
LC
Terms of Sale
CFR