70%(Min) Pb LEAD ORE OF NIGERIAN ORIGIN
QUALITY: VERY GOOD.
QUANTITY: 100MT AS TRIAL SHIPMENT THEREAFTER, 500MT PER MONTH.
INSPECTION: CARGO TO BE PRE-INSPECTED AT THE PORT OF LOADING FOR QUALITY AND WEIGHT BY A REPUTABLE COMPANY AT THE SELLER'S COST.
THE RESULT OF THE INSPECTION AGENCY ANALYSIS SHALL BE THE BASIS FOR OUR EXPORT INVOICE.
PRICE: USD $1,050 PER MT CFR CHINESE PORT
(PRO-RATA AT $15/1%)
IF THE LEAD ConTENT IS HIGHER THAN 70%, THE BUYER PAYS FOR THE ADDITIonAL CONTENT.
THE BUYER PAYS $15 PER EVERY 1% OF THE EXTRA PB ConTENT HIGHER THAN 70%.
IF THE LEAD ConTENT IS LOWER THAN 70%, THE BUYER SHALL DEDUCT $15 FOR EVERY 1% DECREASE IN THE LEAD ConTENT LOWER THAN 70%.
PAYMENT: L/C (/confirm/iED, IRREVOCABLE AT SIGHT)
This letter of credit will pay 90% of the invoice value at sight of shipping documents. The 10% balance will be settled in within 5 working days of issuance of the certificate of Quality and Quantity issued by CCIC or any other recognized Inspection agency of buyer's choice received at destination port.