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)
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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