DESCRIPTION OF COMMODITY: IRON ORE 62% TO 64%
ORIGIN: (specify country, state, province) MEXICO
QUANTIY: (example: Metric Tons (MT) 100,00MT + MONTHLY
DESIRED CONTRACT LENGTH: (how many months) One Year O MORE
DELIVERY: (example: How many vessels per shipment) Eight (8) Containers Per Shipment, bulk carry or big bags.
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% & 64% and above
PRICE: (example: per MT / currency / CIF) USD LME -8% /MT (plus the discount)
PAYMENT TERMS: (state acceptable method of payment and terms) 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
MAIN PORT: MANZANILLO OR LAZARO CARDENAS