BRAZIL IRON ORE 64.5%
Qty: upto 5,000,000mts
USD 82,-/mt (Net to the seller)
Add USD 4.50 commissions for the sellers agents, Buyer pays to the seller the USD 82.00 and signs a NCND agreement, FPA ( Fee Payment Agreement) with Agent Corp as representative of all the agents

Buyer total cost USD 86.50 Eighty Six US Dollars fifty cents

Key Terms/Procedure:
PB 2% upon receiving non operative L/C
Irrevocable
Confirmed (must from the European Prime bank), Transferable, Revolving (from
the 3rd shipment) L/C 100% at sight.
In case the buyer wants, Physical verification is possible after receiving the L/C

LOI (buyer)
FCO/Draft Contract (seller)
Sign NCND and FPA Agreements with Agent Corp
Execute the Contract
BCL or BRL or POF (buyer)
POP (seller)
Issuing the L/C (buyer)
PB posting (seller)
Shipping

Valid for 3 days