| Contract Number | SAFAL/IWWDMCC/003/2021 |
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| Contract Date | 22 Sep 2021 |
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| Type | Sale |
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| Buyer Name | INNOVATION WORLWIDE DMCC |
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| Description of Goods | Ferro Manganese |
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| Grade (%) | 75 |
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| Size | 10-60MM (90%Min) |
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| Specifications | Mn – 75% Min, Si- 1.50% Max, C – 8% Max, Phos-0.30% Max,
S – 0.030% Max |
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| Quantity | 300 |
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| Weight Unit | Metric Tonne |
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| Terms of Delivery | CIF |
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| Packing | Loose in 20' containers |
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| Delivery Period | November 2021 |
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| Rate | 1786.86 |
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| Currency | US Dollar |
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| Mode/Terms of Payment | 30% Advance through TT Prior loading of cargo at our factory balance against shipping documents. |
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| VAT % | 0 |
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| Insurance | To be borne by seller covering ICC A covering all risks till warehouse in Algeciras |
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| Loading | Durban Port, South Africa |
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| Discharge | Algeciras, Spain |
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| Transshipment | Allowed |
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| Partial | Allowed |
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| Documents | A. Commercial Invoice – 3 Originals B. Packing List – 3 Originals C. Certificate of Quality & Quantity issued by Alex Stewart-1 Original & 1 copy. D. Original Bill of Lading – 3 original + 3 copies E. Insurance Policy - 1 original and 3 Copies |
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| Inspection | Quality inspection by Alex Stewart International corporation, Zambia prior loading of trucks at Zambia factory at Sellers cost. Sampling results will be final and binding to both the parties on this contract. |
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| Alternate Product Name | High Carbon Ferro Manganese |
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| Sale Contract Number | IWWDMCC/PO/1920/2021 |
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| Remark | Contract created at average Monthly CRU of Oct (M-0) minus 11.5% discount, final applicable index will be of Nov 2021. |
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| Risk | All risks shall pass to the Buyer at the time when the Product passes the ship’s rail on board the vessel at time of loading, in accordance with Incoterms 2010 |
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| Shipment | Shipment in November 2021 |
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| Origin | Zambia |
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| Sale Extra1 | |
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| Sale Extra2 | |
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| Other Reference(s) | |
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| Contract Status | Done |
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