Description

 We supply Nickel Ore 1.8% with specification as follows:

COMMODITY;
Name of Commodity : Nickel Ore
Country of Origin : Indonesia
Port of Loading: Pomalaa port, Indonesia
Port of Destination: ASWP (any safe world port)

Specification:
Ni : 1.**1.9%
SiO2 : *0% max
MgO : *8% - *2% max
P ( Phosphorus ) : 0.*3% max
S ( Sulphur ) : 0.*3% max
Moisture : *0% basis, *5% max.

Quantity : 1 MV ( about *0.**0 MT ) Ready to load to MV now.
Qty: *0.**0mt per month

Packing: In Bulk

Shipment Quantity: Total Quantity: *0,**0 or *0.**0WMT (+/- *0%) per month.*0,**0or *0.**0 (+/- *0%)

Shipment Period; The latest shipment date: 7 days after sellers get the LC from the buyer or negotiated with the seller and the buyer.

Further shipments: If the buyer is satisfied with first shipment, then the buyer will buy at least ****0MT nickel ore per month from the seller.

PRICE; The Base Price shall be USD*8.*0/WMT FOB MOTHER VESSEL, Pomalaa port, Indonesia, payable against irrevocable L/C at sight.

TIME OF SHIPMENT; Within *0 days after received operative Letter of Credit, the shipment must be made. Laycan will be informed and agreed by both party. Buyer shall let Seller know 7 days in advance for the Laycan date and ships fixture note.
After finishing the loading, the seller should notify the buyer quality, quantity, the vessel’s name, bills of lading, invoice, time of departure and estimated arrival date by fax.

PRICE ADJUSTMENT; The prices of Nickel Ore stipulated in Clause 5 shall be adjusted by the following:

1) If nickel content is 1.*0%, the price will be USD*3.*0/WMT, FOB Pomalaa port, Indonesia.
2) If nickel content is more than 1.*0%, for every 0.*1% Ni content up, the price will be increased with USD0.*0/WMT, FOB Pomalaa port, Indonesia.
3) If nickel content is less than 1.*0%, the cargo will be rejected by the buyer.

MOISTURE:
1) If moisture is more than *0%, for every 1% moisture up, the price will be decreased with USD0.*0/WMT, fractions prorata.
2) If moisture is lower than *0%, for every 1% moisture less, the price will be decreased with USD0.*0/WMT, fractions prorata.
3)When the moisture content is more than *5%, Buyer has the absolute right to reject the cargo.

PAYMENT; Buyer must prepare the LC for Seller in 5 working days after signing of this contract, the buyer will open an
irrevocable non-transferable L/C at sight covering **0% goods value in favor of seller from a prime bank.
The L/C must be valid for *0 days after the B/L’s date.

If interested, reply urgently with your info to proceed with draft contract.