www.chensihong.org/
offer
brasil iron ore fines Fe64.5%;
export brazil iron
ore fines Fe65.5%;
offer brazilian iron ore fines
64.5%-63%;
export brasilian iron ore fines
Fe65.5-64.5%;
°ÍÎ÷Ìú¿óÉ°½ø³ö¿Ú±¨ ¼Û£»
°ÍÎ÷Ìú¿óʯ±¨ ¼Û£»
chensihong@cableplus.com.cn;
chensihong@chensihong.org;
MSN: chensihong86@hotmail.com;
FAX:0086-21-56069484/62769182
TEL:0086-21-56943847/62765692
Mobile: 13901623260
Mr.Chen si hong
CEO
G.Manager
¶Ê³¤
×ܲÃ
chairman
president
Tuesday,,
December 21st,2004 FCO Ref. CENI1221-02
FULL
CORPORATE OFFER
We wish to confirm, based on
quote form our suppliers, with full corporate responsibility that we are
willing and able to transact and provide the commodity of Iron Ore 64.5%
Fe content based on the following specifications, terms and conditions.
Sales and Purchases will be conducted based on International procedures.
Commodity: Iron Ore 64.5% Fe and 65.4% Fe
Origin is Brazil
Pricing:
Pricing is based upon prior sale in USD $xxx per MTW CIF ASWP as
follows:
BRAZILIAN ORIGIN IRON ORE 65.4% CONTRACT
¡°A¡±
1. Buyer issues LOI and BCL exclusively to
Cenitech,Inc. complete with total requested commission structure and
target price, plus an authorization statement to do a bank soft probe.
2. Seller issues draft contract to the buyer
3 Must sign the contract and send to the Seller
for signature. The Seller will sign originals of the contract and will
send back to the buyer via email or fax.
4 The
Buyers will issue the operative Letter of Credit, and Stand By Letter of
Credit and notify the seller of its issuance in his favor on or before
«LCDate».
5 After reception by Seller of the
Letters of Credit and verification that the swift matches the contract
terms, the Performance Bond automatically become operative at the time
of the first billing.
6 The First shipment will
commence no later than 45 (forty-five) days from date issued of the
operative Letter of Credit. The remaining consignments will be shipped
in each 30 (thirty) day periods as defined in the Appendix.
7 Effect of payment for each consignment shall be
effected within 3 (three) banking days after receipt by the Seller's
Advising Bank of all documents required for payment.
8. Upon clearing of funds, disbursement of funds
received at the advising bank of the seller to pay commissions, shipping
fees shall occur under Seller's mandate.
NOTE:
POP can be arranged before operative L/C.
TERMS
OF PAYMENT:
Delivered CIF
PAYMENT OPTIONS AVAILABLE ARE AS FOLLOWS:
¡¤ IRREVOCABLE, CONFIRMED, NON-TRANSFERABLE,
REVOLVING DOCUMENTARY LETTER OF CREDIT FOR THE DURATION OF UP TO 5 YEARS
( MINIMUM 1 YEAR)
¡¤ STAND BY LETTER OF CREDIT
FOR THE DURATION OF 1 YEAR
ALL LETTER OF CREDIT
HAS TO BE CONFIRMED BY A PRIME AMERICAN BANK AT BUYER¡¯S EXPENSE.
BRAZILIAN IRON ORE 65.4% and PRICING
BRAZILIAN IRON ORE 65.4%FINES
Minimum 150,000 MT per month Maximum (no maximum
quantities)
CIF Price: 150,000 mt ¨C 1 million
MT/month - $ 78.80
over 1 million MT per month -
$ 77.80
(ADD $2.00 maximum commission )
SPECIFICATIONS: Fe: 65.50% Rejection below:
64.50%
Al2O3: 0.70% Rejection above: 2.00%
SiO2: 3.00% Rejection above: 5.00%
S: 0.01% Max: 0.03%
P:
0.03% Max: 0.06%
K2O: 0.01%
CaO: 0.02%
MgO: 0.03%
Na2O: 0.01%
TiO2: 0.08%
Mn: 0.15%
Sn: <0.01%
Chronium: <0.005%
Zinc: <0.005%
LOI: 0.08%
PHYSICALCOMPOSITION (on dry basis):
SIZE:0.15mm ¨C 3mm 30% min 3mm - 5mm 60% max 5mm
-10mm 10% max
Moisture:- 8.00% at 105 degrees
centigrade
BRAZILIAN ORIGIN 64.5% CONTRACT ¡°B¡±
PROCEDURES:
1. BUYER
ISSUES LOI and BCL EXCLUSIVELY TO
www.chensihong.org;
Copy
to: C¡£ INC. USA
2. DRAFT CONTRACT TO BUYER IS
ISSUED ( 5 DAYS AVERAGE)
3. BUYER SIGNS, STAMPS
AND SEALS CONTRACT AND RETURNS IT TO SELLER FOR HIS SIGNATURE, STAMPING
AND SEALING.
4. WITHIN 5 BANKING DAYS OF SIGNING
OF THE CONTRACT, BUYER¡¯S BANK ISSUES NON-OPERATIVE MODE OF PAYMENT FOR
TOTAL CONTRACTED QUANTITY AND AMOUNT IN FAVOUR OF THE SELLER CONFIRMED
BY A PRIME WORLD BANK ACCEPTABLE TO THE SELLER.
5. SELLER PROVIDES POP ( sanitized) :
o Previous Shipping Documents for multiple
shipments
o Previous SGS reports for the above
shipping documents
o Previous Bill of Ladings
6. AFTER RECEIVING BUYER¡¯S NON-OPERATIVE MODE OF
PAYMENT, SELLER¡¯S BANK WILL ISSUE PB 2% OF TOTAL VALUE TO ACTIVATE
BUYER¡¯S NON-OPERATIVE MODE OF PAYMENT.
7.
SHIPMENTS COMMENCE.
TERMS OF PAYMENT:
Delivered CIF
PAYMENT
OPTIONS AVAILABLE ARE AS FOLLOWS:
¡¤ IRREVOCABLE,
CONFIRMED, NON-TRANSFERABLE, REVOLVING DOCUMENTARY LETTER OF CREDIT FOR
THE DURATION OF UP TO 3 YEARS
¡¤ STAND BY LETTER
OF CREDIT FOR THE DURATION OF 1 YEAR AND 45 DAYS
¡¤ BANK GUARANTEE FOR THE DURATION OF 1 YEAR AND
45 DAYS
There are no variations on these modes of
payment, so do not ask!
BRAZILIAN IRON ORE SPECS
and PRICING
BRAZILIAN IRON ORE 64.5% FINES
Minimum 60,000 mt per month Maximum (no maximum
quantities)
CIF Price: 60,000 ¨C 500,000 mt/month
- $69.00
over 500,000 mt/month - $65.00
(ADD $2.00 maximum commission )
SPECIFICATIONS: Fe¡¡¡¡¡¡.. 64.5%
SiO'2 ¡¡¡¡¡..3.5%
Al2O3 ¡¡¡¡ 3.5%
P
¡¡¡¡¡¡¡. 0.07%
S ¡¡¡¡¡¡¡. 0.07%
MOISTURE 10.0%
PHYSICALCOMPOSITION (on dry
basis):
SIZE:Below 10 MM (100Mesh) 90%Rejection
below: 63.00%
Note: Iron ore is available in
higher Fe content if desired. Please enquire for pricing. Price
increases with Fe content.
==================================================
Date Issued: Date must be less than 5 days old
LETTER OF INTENT
www.chensihong.org
copy TO
: C,Inc.
FROM : (Buyer¡¯s Name goes here)
We, (Buyer¡¯s Name goes here), hereby state and
represent that it is our intention to purchase, and we hereby confirm
that we are ready, willing and able to purchase the following commodity
as per the specification and in the quantity and for the price as
specified in the terms and conditions as stated below.
COMMODITY: Iron Ore
ORIGIN
: Brazil
PACKAGING: Bulk
CHEMICAL COMPOSITION: (insert one of the above
chemical composition)
MONTHLY QUANTITY: (insert
monthly requirement here) MT / Shipment / Month
CONTRACT LENGTH : 12 Months
LOADING PORT : As per supplier
DESTINATION PORT : (insert port of delivery here)
PRICE : (Should be Invoice Price to Buyer)
PRICE REVISION : Yearly
SHIPPING TERMS : CIF
FIRST
SHIPMENT : Within 30-45 Days after receipt and acceptance of LC. Balance
as per final contract.
INSPECTION : Quality,
Quantity and weight by SGS certified agencies or equivalent at Sellers
cost at port of loading.
PAYMENT : Irrevocable,
Revolving, Unconditional, Non-Transferable, Confirmed, Letter of Credit.
PBG : 2% to be submitted by seller
LOI VALIDITY : 14 days from the date of issuance
The Buyer accepts the Following Procedure of
closing deal:
A. Buyers Open Non-Operative LC
B. Seller Issues POP (POP will be issued via Bank
to Bank channels)
C. Seller Issues PB
D. LC Becomes Operative
E.
Shipments Commence
The Buyer is aware that this
LOI is being issued on (insert the actual date of the LOI here) to
Cenitech,Inc, acting as their representative, to be presented to the
Seller's representative.
This LOI is the only
current active LOI and has been exclusively offered to Cenitech,Inc. for
the release of the FCO and Draft Contract. It takes precedence over any
other LOI currently in circulation for this quantity and product.
The Buyer is of the understanding that any and
all offers and/or contracts are subject to successful Seller
verification of funds and that said Seller thus has written permission
to conduct a soft probe of the Buyer 's account.
BANKING DETAILS
Company
Name:
Company Address:
Contact Person:
Telephone:
Fax:
Email:
Company Bank: (Should be Top 25 World Bank)
Bank Address:
Bank
Complete Telephone Number:
Bank Complete Fax
Number:
Bank SWIFT/ABA/Routing Number:
Bank Account Number:
Bank
Account Holder:
Sincerely Yours,
(DOCUMENT MUST BE SEALED AND SIGNED
BY BUYER REPRESENTATIVE)
www.chensihong.org/
offer
brasil iron ore fines Fe64.5%;
export brazil iron
ore fines Fe65.5%;
offer brazilian iron ore fines
64.5%-63%;
export brasilian iron ore fines
Fe65.5-64.5%;
°ÍÎ÷Ìú¿óÉ°½ø³ö¿Ú±¨ ¼Û£»
°ÍÎ÷Ìú¿óÉ°½ø³ö¿Ú±¨ ¼Û£»
chensihong@cableplus.com.cn;
chensihong@chensihong.org;
MSN: chensihong86@hotmail.com;
FAX:0086-21-56069484/62769182
TEL:0086-21-56943847/62765692
Mobile: 13901623260
Mr.Chen si hong
CEO
G.Manager
¶Ê³¤
×ܲÃ
chairman
president
