Quote from chief_editor on October 11, 2023, 8:39 am

Newly secured Indonesian 5500 kcal thermal coal source, futures trading, quantity: trial order of 50,000 tons (please note: this is the MOQ minimum order quantity), annual limit of 200,000 tons per month (depending on the actual needs of the buyer). There is closed-loop verification & trading records with China, Vietnam, and Malaysia available for reference (including invoices/bills of lading/CICC or SGS reports, etc.). Direct buyers or buyer representatives are welcome to contact, intermediary communication without validity is declined.

1. SPECIFICATION

The Coal to be supplied should conform to the following typical specifications, following ISO standards and the trace element as per GB standards:

1.1 Quality:

Table A: Specification analysis on ISO standards (under the LC):

• Parameter (Unit, Basis) - Typical - Rejection Limited
• Net Caloric Value (kcal/kg, as received basis) - Nar 5,500 kcal/kg - <Nar 5,300 kcal/kg
• TOTAL MOISTURE (PCT, as received basis) - 8-18% - >20%
• INHERENT MOISTURE (PCT, air dried basis) - 8%-10% - No rejection
• VOLATILE MATTER (PCT, air dried basis) - 38%-42% - No rejection
• ASH CONTENT (PCT, air dried basis) - 6%-9% - >12%
• TOTAL SULPHUR (PCT, air dried basis) - 0.6%-1.0% - >1.0%
• SIZE(0-50mm) (PCT) - 90% - No rejection
• HGI - 45-55 - No rejection
• FIXED CARBON (PCT, air dried basis) - BY DIFFERENT - No rejection

1.2 Trace element (as per GB standards):

• Parameters - Rejection limit
• Hg d - Mercury (DB basis) - Above 0.6µg/g
• As d - Arsenic (DB basis) - Above 80µg/g
• P d - Phosphorus (DB basis) - Above 0.15%
• Cl d - Chlorine (DB basis) - Above 0.30%
• F d - Fluorine (DB basis) - Above 200µg/g

The coal typical values are for reference only. Differences between actual results on the certificate of sampling and analysis and L/C specifications are acceptable, but should not exceed the specified rejection limits.

1. Mine/Origin

The Coal is from the mine of Seller and/or affiliated mines within the Seller’s group at South and East Kalimantan, Indonesia.

1. PAYMENT TERM

3.1 After signing of this agreement, buyer’s bank and seller’s bank shall exchange the L/C draft (first) and PB draft. After respective bank’s confirmation, buyer’s bank shall issue an irrevocable and non-transferable active letter of credit (L/C) with a validity period of 60 days amounting to 100% of cargo value. Upon receipt of the LC from the buyer's bank, seller’s bank will issue an active PB amounting to 2% (two percent) of the L/C value by swift to Buyer’s bank.

 3.2 All bank charges outside Buyer's bank country shall be borne by the Seller, and all charges within Buyer's bank country are for the Buyer's account.

 3.3 The said L/C shall provide for payment after sight after presentation of the following documents (by SWIFT MT 700)

1. Buyer's requirements:

Submit ICPO (Irrevocable Corporate Purchase Order) and proof of funds or bank credit limit certification;

1. Operational process:

ICPO + BCL → SPA → 100% DLC → 2% PB → SGS or CIQ/Q&Q → MT103 → Transaction completed.

1. Intercom Code:

CFR for trial order, followed by FOB for subsequent shipment.

Contact seller: WhatsApp: +447305296719