Dear sir, We would like to offer you, our steam coal (non coking) commodity, as follows:
Origin: Sungai danau, south kalimantan, Indonesia
Commodity: Steam coal (non coking) in bulk 5500 kcal/KG
Quantity:40.000 metric tons (trial shipment)
Anchorage port: Muara satui or tanjung pemancingan, south kalimantan, Indonesia
Inspection agency: Pt. Sucofindo or pt. Geoservices ltd.
Price: USD 23,50 per metric tons FOB mother vessel with crane/grab (including document and export tax)
Payment: By irrevocable L/c at sight (with international prime bank)
Delivery:30 or 45 days after receipt and acceptance of the L/c
Our guarantee, tm < 30 (arb), im < 16 (adb), ash < 10 (adb), sulphur < 1 (adb), gcv 5500 kcal/KG reject < 5400 kcal/KG, hgi 55
Procedure:
Seller issued coal offer (fco)
Buyer signs coal offer (fco) for acceptance and sends it back and issued LOI on buyers letterhead signed by dated 7 days or less with specifications, quantity, payment system, shipment date, discharge port, price in order, whom to be shipped and bank details.
Seller issued draft contract.
Buyer returns signed contract to be considered as original.
Seller issues 4 (four) hard copies of the contract to be signed and exchanged.
Contract signing in Jakarta, Indonesia
Buyer will visit mine.
Seller will receive buyers L/c advice.
Seller activates the L/c by sending POP (bank to bank) and posting pb 2 %
Buyer will open 100% L/c to seller.
Buyer will receive the commodity at discharge port
Shipments start as per mutually agreed schedule/shipments communicate
Please confirm if you are agreed with our suggested procedure and we will start business promptly.