印度矿英文合同.doc

This contract is made by and between Buyer and Seller; whereby Buyer agrees to buy and Seller agrees to sell the under-mentioned commodity on the terms and conditions stated as below:Clause 1. Commodity:Name of Commodity ? ? ? ? :? ? ? ? Iron Ore FinesOrigin? ?? ?? ?? ?? ?? ?? ?? ? ? ? :? ? ? ? IndiaPort of Loading? ?? ???? ? ? ? :? ?? ? ? ? Haldia Port and Vizag Port,IndiaPort of Destination? ? ? ? :? ?? ? ? ? North Main Port, ChinaClause 2. Delivery Period and Quantity:Shipment? ?? ?? ?? ?? ???? ? ? ? :? ? Between? ?? ?? ???`2009 -? ?? ?? ?? ?? ???`2009 Quantity? ?? ?? ?? ?? ???? ? ? ? :? ? 15,000 WMT (+/- 10%) at seller’s optionClause 3. Specifications:A. Chemical Composition (on dry basis)GuaranteedFe? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ? ? ? 63% basis / 62% min/ Rejection below 62%Al2O3? ?? ?? ?? ?? ?? ?? ?? ?? ? ? ? 4.00% max/rejection above 4.5%SiO2? ?? ?? ?? ?? ?? ?? ?? ?? ?? ? ? ? 4.50% max/rejection above 5.0%P? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ? ? ? 0.07% max/ rejection above 0.08%S? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ? ? ? 0.05% max rejection above 0.06%B. Moisture Content (Free moisture loss at 105 degrees centigrade)Guaranteed? ? ? ? 8.00% max.C. Physical Composition (On Natural basis)Below 10 mm? ?? ?? ?? ?90% minOver 10 mm? ?? ?? ?? ???10% maxBelow 150 micron? ? 30% maxClause 4. Base Price: US$? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?Per Dry Metric Ton (DMT) CIF North Main Port, China based on 63% Fe content.Clause 5. Price Adjustment:A. For Fe Content:The base price referred in Clause 4 shall be adjusted as follows:(1) ? ? ? ? The base price shall be increased by US$ 0.50 for each 1% Fe per DMT in case of Fe above 63%, fractions pro-rata.(2) ? ? ? ? The base price shall be decreased by US$ 1.00 for each 1% Fe per DMT in case of Fe below 63%, down to and including 62%, fractions pro-rate.(3)? ? ? ? Buyer shall have the right to reject entire cargo if Fe content goes below 62%.B. For Other Elements:??If the shipment does n