contract no.:xxx
sales and purchase contractfor
manganese ore
this contract is made and entered into onxx, febXXunder terms and conditions as per the international chamber of commerce-600 (icc ucp-600/XX revision) by and between:
the buyer:
address:
tel:
the seller :
address:
tel:
whereby seller agrees to sell to buyer and buyer agrees to buy from seller manganese ore under following the terms and conditions stipulated below:
article 1 commodity
concentrated manganese ore
article 2 specifications
concentrated manganese ore
size: 0-5mm (90% min)
% mn min. 40.0%
% fe max. 15.0%
% silica ( sio2 ) max. 1.0%
% aluminum ( al ) max. 4.0%
% s max. 0.20%
% p max. 0.10%
moisture max. 7%
article 3 quantity:
500 mt, partial shipment not allowed.
article 4 origin and port of loading
4.1 republic of abc
4.2 loading port:
article 5 packing/delivery
5.1 in50 kg sack
5.2 incontainer shipment, more or less 20 tons.
article 6 shipment/delivery
6.1 500mt(+/-5%)partial shipment not allowed
6.2 shipment will be 90 days after signing of this contract and after the acceptance of the letter of credit by seller’s bank. l/c will be openedafter buyerreceivingproforma invoice from sellerwith confirmation of the delivery schedule.
6.3 the buyer has the right to appoint the independent surveyor or his representative to conduct the pre-shipment inspection and/or conduct the joint-inspection of the material with buyer for his own account.
article 7 contracted price and values
price:mn: 48% and above - usd0.00/%/dmtcfrcy port, china
40% - 47.9% - usd 0.00 /%/dmtcfrcy port, china
the mn content will be average of the joint-inspection testing result at loading port.
article 8 payment
8.1 payment shall be effected in full by an irrevocable letter of credit, which will be opened by 1stclass bank in hong kong or singapore, 100% at sight upon presentation of shipping documents.
a. seller’s banking details:
bank name :
bank address :
account name :
s.w.i.f.t. code swift :
b. buyer’s bank issues l/c to the seller’s bank via s.w.i.f.t. wire transfer.
buyer’s banking details:
bank name : (will be advised)
bank address :
account name:
s.w.i.f.t. address swift :
article 10 inspection of analysis & weight
the shipmentinspection and analysis shall be done byccicappointed by the seller and one independent surveyor (i.e.: sgs or geo-chem, etc) appointed by the buyeras agreed by both parties at site before loading to container. while final weightand qualitydetermination shall be done atloadingportby the above joint-survey.moisture content shall be deducted from the total weight shipped.
article 11 documents
seller shall present the following documents to the buyer:
a. signed commercial invoice for 100% of the total cargo value indicating, quantity, unit price and the total amount of value of the delivered commodity , 1 original and 3 copies.
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