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Product detail:
- Commodity: Non-Coking Coal - Crushed
- Quality: GCV (ARB) 5800 reject below 5500 Kcal/Kg
- Quantity: 40,000 WMT for First Shipment and 50,000 WMT for Following Shipments
- Size: 0-50 mm
- Country of Origin: INDONESIA
- Loading Port: Sumatera, Kalimantan (or Seller’s Option)
- Loading Rate: 7,000-8,000 MT per day
- Packing : Bulk +/- 10% per shipment
- Shipment Term: FOB as per INCOTERMS 2000
- Price: FOB = USD 82/WMT
- Insurance: 110% Value per Shipment under Buyer’s Account
- Payment Instrument: Irrevocable, Transferable, Revolving Documentary Letter of Credit
- Validity of Instrument: 90 days with automatic revolving for another 90 days for the entire of contract period
- Performance Bond: No
- Commission: USD 0.50 per WMT for all intermediaries and insiders from Buyer’s side
- Price Mark Up: Allowed based on 50/50 sharing
- Delivery: 30-45 days for first shipment of 50,000 WMT after receiving operative DLC
- Validity: 1-31 May 2010
No | PARAMETER | UNIT | OFFER | Rejection | PREMIUM/FORFEIT |
1 | Total Moisture (TM) (ARB) | % | ≤ 16.0 | > 18.0 | If the actual Total Moisture of the cargo exceeds 16.0%, then the invoice weight of the cargo for payment shall be adjusted in following formula: Invoice Weight = Weight of Cargo in Certificate of Weight X (1 - Actual Total Moisture) / (1 – 16.0%) |
2 | Gross Calorific Value (GCV) (ARB) | Kcal/Kg | ≥ 5800 | < 5500 | If 5600 ≤ GCV (ARB) ≤ 5800, no price adjustment shall be applied; If GCV (ARB) > 5800, the following price adjustment shall be applied: [ ( Actual GCV – 5800 ) / 5800 ] X Basic Price = Premium Invoice Price = Basic Price + Premium If GCV (ARB) < 5600, the following price adjustment shall be applied: [ ( Actual GCV – 5600 ) / 5600 ] X Basic Price = Forfeit Invoice Price = Basic Price – Forfeit |
3 | Ash (ADB) | % | ≤ 12.0 | > 16.0 | If Ash (ADB) > 12.0%, the following price adjustment shall be applied: [ Ash (ADB) – 12.0% ] × 100 × USD 0.25 = Forfeit Invoice Price = Basic Price – Forfeit |
4 | Sulphur (S) (ADB) | % | ≤ 0.9 | > 1.0 | If Total Sulphur (ADB) ≥ 0.9%, the following price adjustment shall be applied: [ Total Sulphur (ADB) – 0.9% ] x 1000 x USD 0.30 = Forfeit Invoice Price = Basic Price - Forfeit |
5 | Ash Fusion Temperature (AFT) | °C | ≥ 1300 | < 1200 | If Ash Fusion Temperature (AFT) < 1300, the following price adjustment shall be applied: [ ( 1300 – AFT) / 50 ] X USD2.00 = Forfeit Invoice Price = Basic Price - Forfeit |
Thanks and best regards,
Dermawan Widjaja
PT. Derwiperdana International
Rukan INKOPAL Blok G No. 55
Jl. Raya Boulevard Barat Kelapa Gading
Jakarta Utara 14240
INDONESIA
T : 62-21-45859258
F : 62-21-45859260
M : 62-0818-06954968
