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Commercial Offer Proposal



Offer for Indonesian Steam Coal (ICI 1) GAR 6600 NAR 6300 - Superior Quality



Thank you for your inquiry. We are pleased to present the following offer for Indonesian steam coal:



1. Commodity: Steam Coal



2. Origin: South Kalimantan, Indonesia



3. Specifications:



• Please refer to the enclosed document (doc 1) for detailed specifications.



• Volatile Matter (VM) can be adjusted to 30-37% based on your requirements.



• Final specifications will be agreed upon and stated in the contract.



4. Quantity:



• Minimum Order Quantity (MOQ): 50,000 MT per month (± 10%)



• Option to increase up to 200,000 MT per month.



• Contract duration: 1 year (long-term contract)



• Prices are subject to monthly revision in case of significant market fluctuations.



5. Loading Port:



• Taboneo and Tanjung Sabau, South Sumatra



6. Loading Rate:



• ±8,000 MT per weather working day (PWWD)



7. Price:



• ICI list price: USD 129.54 FOB



• Discounted Price: USD 127.00 FOB



8. Terms and Conditions:



• Contract Price: USD 127 FOB. Brokers must add



• Payment Terms:



o Non-transferable, irrevocable Letter of Credit (L/C) at sight, 100% of the contract value.



o L/C must be issued by an International Prime Bank and acceptable to the Beneficiary.



o Payment due within 25 days of contract signing.



o L/C must allow for clear payment at the Indonesian port.



• Surveyor: To be appointed by the Buyer.



• Laycan Schedule: October 2024 (Completion)



• Offer Validity: This offer is valid until September 28, 2024, at 16:00 Jakarta, Indonesia Time.



Additional Notes:



• We are offering a direct contract for a faster and more efficient process.



• Final determination of quantity and quality will be made at the loading port by an independent, licensed marine surveyor, and will be binding for both Buyer and Seller.



Next Steps:



1. Please review the attached proposal and confirm your acceptance.



2. We are ready to proceed with the contract signing upon your confirmation.



#apo

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