IC 45 12.500MT SPOT

TARGET PRICE: US$ 530 MT  CIF

PAYMENT TERMS: com MT103 -23 100% at sigt against shipping documents..

QUANTITY: 12.500 MT

PROCEDURES:
1) Buyer issues a LOI or ICPO + RWA or BCL
2) Seller issues FCO
3) Buyer sign, seal and return the FCO.
4) Seller issues Draft Contract.
5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer.
6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks.
7) Within 3 (three) banking days, Buyer Bank sends MT103/203 for total shipment value to the seller’s Bank.
8) Within 5/7 days Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to
Bank methods to the Buyer’s Bank.
9) SBLC or BG operative.
10) Shipment.