Commodity: SCRAP HMS1 MHS2
Price Terms: Cost Insurance and Freight (CIF) @ INCOTERMS 2020
Delivery place: Nava Sheeva Port, INDIA
Quantity: 100 000MT spot or 8300 per month x 12
Packaging: pieces cut to 1 meter length
Delivery schedule: Seller to specify for completion of total quantity & first shipment from the date of DLC in seller’s account. Visit of the stock as proof of products before any financial documents to be open.
Payment: Non-transferable DLC. Buyer issue MT700 for each specific quantity confirmed by the parties in contract. Seller's issues 10% performance bond accordingly. MT103 released after SGS report at destination port.