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      At the loading port it is on sellersaccount. At the discharging port is on buyers account.

       DEMURRAGE:

Unconditional, transferable, assignable and divisible bank guaranteed(BG) or (SBLC) for quantity that is described in offer above, issue and onfirmed by a top 25 world bank and acceptable to seller. BG text will be submitted to sellers for approval, the BG or SLBC will have a maturity of 6 months and it will be renewed automatically by equal periods up to end of contract.Plus RDLC or wire transfer for monthly payments. 2% (two) percent of the bank guarantees total value within 7 (seven) international banking days of receipt of non operative financial instrument acceptable to the seller and the sellers bank. The seller shall provide insurance at his sole expense and responsibility.

PAYMENT TERMS:

100,000TON        $3570 USD/TON

50,000 TON         $3670 USD/TON

25,000 TON         $3770 USD/TON

12,500 TON         $3870 USD/TON

CIF price per metric ton-Annual contract:

PRODUCT DESTINATION: CIF ASWP

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