DESCRIPTION OF COMMODITY IRON ORE
ORIGIN (specify country, state, province) MEXICO
QUANTIY (example: Metric Tons (MT) 100,000MT
DESIRED CONTRACT LENGTH (how many months) One Year OR MORE
DELIVERY (example: How many vessels per shipment) Containers Per Shipment or bulk carry
PACKAGING (methods example bulk, in container etc) iron ore in 25MT in 20FT Container in Bulk.
FULL SPECIFICATIONS (detailed description of product) iron ore 62% and above
PRICE (example: per MT / currency / CIF) USD 87 PER MT
PAYMENT TERMS (state acceptable method of payment and terms) DLC 95% payable against shipping documents and 5% balance after inspection at discharging port
DELIVERY TERMS (example how many days after accepted procedures to sellers bank) Five working days on receiving of shipping documents by the buyer bank
INSPECTION METHOD Inspection agency by EYEVIEW INSPECTION AGENCY accepted by Buyer and Seller
PROCEDURES OF THE TRANSACTION (what happens or should happen and when) On receiving of the L/C by the Seller from the buyer. The seller will ship from mexico where the buyer will receive the iron ore
REF: 2019MEXICOIRONORE
Goprisma