Dear Sir/Ma'am
Hereby I offer you from an Iranian large supplier the commodity of SULFUR
as follows. Some terms and conditions are negotiable and at the face to face meeting detailed and complementary information will be given.
If the terms and conditions are accepted, please inform us to send you the editable blank ICPO to be signed and sealed under your letterhead, which will be replied by Draft Invoice or FCO as soon as possible
1.
COMMODITY : Sulfur
2.
TOTAL QUANTITY: Up to 60,000 MT +/- 5% standard allowance
3.
PARTIAL SHIPMENTS: 1000 MT
4.
CONTRACT LENGTH: 12 months with rolls and extensions (up to 5000 MT per month based on customer order renewal)l
5.
SHIPMENTS: INCOTERMS CIF, main ports of cchina
6.
QUALITY: Sulfur 99.5% min, Ash 0.03% max
7.
SIZE: Bulk crushed under 30 mm mixed with meshed 100 powder
8.
PRICE: EURO 355 Per MT, price update happens on every contract of 5000 MTs (price validity 10 April 2008)
9.
PACKING: 1 MT Jumbo bags
10.
LOADING PORT: Bandar Abbas Port Persian Gulf, Iran
11.
INSPETION: SGS (will be paid from seller side at the time of custom at Bandar Abbas Port)
12.
DELIVERY: Within 45 to 50 days from the date of the activation of the buyer's financial instrument. The force majeure (exemption) clause of the International Chamber Of Commerce (ICC publication / No. 421) will be incorporated in the final contract
13.
PAYMENT: Irrevocable , non - confirmed, tranferable L/C at sight for total value of 5000 Mt (1775000 € one million, seven hundred and seventy five thousand EURO for first contract). L/C should be payable partially against partial shipment documents and be valid for 90 days from date of issue
14.
SHIPPING DOCUMENTS: copy of custom certificate, original SGS report, copy of B/L
15.
SECURITY: Performance bond in a form of a non-operative bank guarantee bond from Seller for 2% of the total value and operative after opening the instrument payment from Buyer.
16.
COMMISSION OF THE MANDATE: Seller has added for mandate as commission on his price and L/C will be transferred to bank account of him and bank account details of the mandate will be given in the original contract. An IMFPA and NCNDA will be signed between Seller, Buyer and mandate for his security.
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