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Coking Coal from Quality Suppliers (*0, **0.*0 MT/month)

  • USA USA  
  • Quantity Required: 30000 Metric Ton
  • Annual Purchase Volume: 360000 Metric Ton
  • Last Updated:
    Posted on: 11 Sep 2024

  • Buying Frequency: Monthly
  • Payment Terms: L/C
  • Shipping Terms: CFR
  • Destination Port: Hai Phong
Buyer Information

RFQ Details

Specifications:
1) Gross Calorific Value (DB): 6.000kcal/kg (rejection <5750kcal/kg)
2) Total Moisture (ARB): 12% max
3) Volatile mater (DB) Dry: 20 - 22%
4) Sulfur (DB) Dry: 0.6% max
5) Ash (DB) Dry: 9.5% max
6) HGI: 70
7) Size: 0-50mm
8) W: 10%
9) P Dry: 0.05% max

Total Annual Quantity: 360,000.00 metric ton
Total Monthly Quantity: 30,000.00 metric ton
Price: CFR, Hai Phong Port, Vietnam.
Condition for Price Adjustment: according to Newcastle Index, equivalent thermal coal increases or decreases + 5%. Compare the price at the time of signing the contract.
Discharge rate: 5,000 PWWD SHINC

Documents:
1) Clean on Board B/L
2) Certificate of weight and quantity issued by SGS
3) Certificate of Origin issued or endorse by chamber
of commerce of the country
4) Signed/sealed commercial Invoice
5) Weight/Packing list
6) Inspection: SGS or equivalent for quality & quantity

Procedures:
1) Buyer sends Letter of Intent LOI (done)
2) Seller issues FCO in favor of the buyer
3) Buyer issues ICPO .
4) Seller verifies Buyer ICPO through Seller Bank and sends NCNDA and IMFPA
5) Buyer signs and seals NCNDA and IMFPA and return to Seller
6) Seller would release draft contract to Buyer
7) Contract negotiation begins over emails between Buyer and Seller
8) Final draft contract sign electronically by both sides - Buyer and Seller
9) Mine site visit would be arrange within 1-2 days after the final contract is signed and sealed if requested by
the end buyer
10) Within seven (7) banking days the Buyers bank sends the non-operative, non-transferable Documentary Letter of Credit
11) Within seven (7) banking days Seller would provide 2% performance bond which would automatically activate the DL/C
12) Delivery and shipment commence as per schedule mutually agreed in the contract

Please get in contact at your earliest convenience. Thank you.


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