FeedSalone International

Company Description

FeedSalone International have in stockpile on Spot ?Offer 100,000MT ?120,000MT Iron Ore Fines (Fe 63.5%) on CIF China / India Ports basis as per following specs and terms:

COMMODITY: IRON ORE FINES
QUANTITY:  100,000 MT ?120,000 MT
QUALITY: Fe = 63.5% BASIS; 64.38% MAXIMUM; REJECTION 62.5%
PRICE: US$ 62 / MT CIF
COMMISSION: US$ 1 / MT INCLUDED FOR AGENTS
PAYMENT TERMS: BY IRREVOCABLE, CONFIRMED, DIVISIBLE, TRANSFERABLE DIRECT LETTER OF CREDIT 100% AT SIGHT FROM FRIST CLASS INTERNATIONAL BANK
TERMS OF DELIVERY: CIF CHINA / INDIA PORTS
SHIPMENT: WITHIN 30 ?60 DAYS FROM RECEIPT LETTER OF CREDIT
SHIPMENT QUANTITIES: 30,000MT PLUS PER SHIPMENT
SHIPMENT TYPE: PARTIAL OR FULL ALLOWED
PERFORMANCE BOND: 2%
CIQ: 2%
DISCHARGE PORTS: CHINA / INDIA PORTS
CONTRACT: SPOT OFFER / MULTIPLE SHIPMENTS
INSPECTION: INTERTEK / BUREAU VERITAS ON SELLER? ACCOUNT

The consignment is stockpiled at the Port and ready for loading on shipping vessels. We prefer to deal with direct buyers or buyer? mandate.

The FCO is issued with attestation by (a) Independent Chamber of Commerce, (b) Ministry of Mineral Resources and (c) Seller? bank confirming availability of product to be allocated to buyer. POP / POF will also be exchanged Bank to Bank.