| ≥1 piece |
Contract prices cif aswp
Ø 12.500 MT X 12 MONTHS US$430
Ø 25.000 MT X 12 MONTHS US$425
Ø 50.000 MT X 12 MONTHS US$390
Ø 75.000 MT X 12 MONTHS US$385
Ø 100.000 MT X 12 MONTHS US$380
Ø 150.000 MT X 12 MONTHS US$370
Ø 200.000 MT X 12 MONTHS US$360
Ø 300.000 MT X 12 MONTHS US$340
Ø 24 /36 MONTH AS PER REQUES
15 US$ EXTRA IRAQ
PAYMENT MODE OF CONTRACT:OPTION #1
FFDLC OR SBLC FULLY FUNDED FOR THE VALUE OF ONE MONTH SHIPMENTS ,REVOLVING , IRREVOCABLE CONFIRMED,UNCONDITIONAL TRANSFERABLE LETTER OF CREDIT , PAYABLE AT SIGHT 100 % ON PRESENTATION OF SHIPPING DOCUMENTS. LC SHOULD BE CONFIRMED BY BANK TOP 25/50 BANK.
OPTION # 2
DLC +ONE MONTH BG VALUE (COVERING LAST MONTH DELIVERY) TRANSFERABLE , REVOLVING, IRREVOCABLE CONFIRMED,UNCONDITIONAL LETTER OF CREDIT,
12,5000 MT@ US$ 480 ASWP
25,000 MT @ US$ 465 ASWP
37,500 MT @ US$ 460 ASWP
50,000 MT @ US$ 455 ASWP
100,000 MT@ US$ 450 ASWP
150,000 MT@ US$ 445 ASWP
200,000 MT @ US$ 440 ASWP
250,000 MT @ US$ 435 ASWP
300,000 MT @ US$ 430 ASWP
MODE OF PAYMENT UPTO 50,000MT : FULLY FUNDED FFDLC OR SBLC FOR THE CONTRACT VALUE TRANSFERABLE, IRREVOCABLE ,CONFIRMED, UNCONDITIONAL, L/C .PAYABLE 100% AGAINST THE DOCUMENTS AT THE SIGHT OF THE LOADING PORT.
.PROCEDURE
NOTE : ICPO/LOI ONLY ACCEPT WITH ABOVE PROCEDURE
2-Seller issues FCO (Full Corporate Offer).
3-Buyer sign seal and return the FCO.
4-Seller issue Performa Invoice and the RWA TEXT verbiage of the L/C as per buyer payment option accepted. Buyer send the confirmation of approval from the bank will issue the L/C
5-Seller issues Draft Contract.
6-Buyer sign seal and return the Contract, seller sign the Contract and return to the Buyer.
7-Buyer and Seller deposit a copy of the executed Contract to their respective Banks.
8-within 3/5 banking days, Buyer Bank sends open l/c to the seller’s Bank.
9-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
10- Shipment commence as per contract schedule.