We 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 FINESQUANTITY: 100,000 MT �120,000 MTQUALITY: Fe = 63.5% BASIS; 64.38% MAXIMUM; REJECTION 62.5%PRICE: US$ 62 / MT CIF COMMISSION: US$ 1 / MT INCLUDED FOR AGENTSPAYMENT TERMS: BY IRREVOCABLE, CONFIRMED, DIVISIBLE, TRANSFERABLE DIRECT LETTER OF CREDIT 100% AT SIGHT FROM FRIST CLASS INTERNATIONAL BANKTERMS OF DELIVERY: CIF CHINA / INDIA PORTSSHIPMENT: WITHIN 30 �60 DAYS FROM RECEIPT LETTER OF CREDITSHIPMENT QUANTITIES: 30,000MT PLUS PER SHIPMENTSHIPMENT TYPE: PARTIAL OR FULL ALLOWEDPERFORMANCE BOND: 2%CIQ: 2%DISCHARGE PORTS: CHINA / INDIA PORTS CONTRACT: SPOT OFFER / MULTIPLE SHIPMENTSINSPECTION: INTERTEK / BUREAU VERITAS ON SELLER� ACCOUNTThe 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.
