LEAD ORE

SELLER:SN OBIJURU NIG LTD

Name of Commodity: Lead Ore in powder
Quality and Specifications
Pb% 50% basis, rejected below 50%
As% 0.5%max, rejected over 0.5%
Hg% 0.05%max, rejected over 0.05%
Physical Property (On Natural Basis)0 - 10 mm, rejected above 15mm.
Moisture: max 3%,will be deducted from total weight, rejected above 5%.
Cargo will be rejected and the Seller should be fully responsible for the cost of return if the Lead Compounds could not pass the legal radioactive test at the discharge port.
: QTY /SHIPMENT/DELIVERY
First shipment: 10 metric tons to 200 (quantity +10% / -10% allowed)
Date of Shipment: within 15 days upon receipt of SBLC by seller in their bank account
Transshipment: is allowed.
Partial shipment: is not allowed.
: Price terms: FOB Tincan ports, Lagos, Nigeria
: P Price sheet:
Pb%each Percent price
US Dollarsprice/dry tons
US Dollars
50-50.9 14 700
51-51.9 14 714
52-52.9 14 728
53-53.9 14 742
54-54.9 14 756
55-55.9 14.2 781
56-56.9 14.2 795
57-57.9 14.2 809
58-58.9 14.2 824
59-59.9 14.2 838
60-60.9 14.4 864
61-61.9 14.4 878
62-62.9 14.4 893
63-63.9 14.4 907
64-64.9 14.4 922
Provisional price: USD14x 50 = USD700.00 /MT FOB Tincan ports, Lagos, Nigeria
If Pb % comes over 65%, both buyer and seller will re-negotiate the price, and if Pb% comes below 50%, the BUYER has right to reject the cargo.
Goods of Origin: Nigeria
Port of Loading: Tincan ports, Lagos, Nigeria
Destination port: BUYER PORT
Packing: 1mt/50kg bags, into 20ft containers
Payment
The BUYER shall issue an Irrevocable At Sight Standby Letter of Credit/Bank Guarantee for 100% cargo value? freely negotiable from any bank. The SBLC/BG draft must be sent to the Seller for his approval first. The buyer shall inspect the goods within 15 days from the date of signing the contract. If the goods are in conformity with the order, the buyer will open a formal letter of credit at the first time.

The buyer can supervise the loading process.
Seller submit presentation of the following documents listed in within 21 days after date of bill of lading, Issuing bank to review the documents without error and acceptance 90% of the SBLC/BG.

Final 10% will be paid against CIQ report at destination port but within 20 working days after discharge. If CIQ reports will not be presented within validity time, then BUREAU VERITAS report at loading reports will be final .

Send Quotation