1. Commodity—Iron Ore (Packaging in bulk); 2. Quality—seller and buyer will sign contract after the confirmation of Iron Ore Specifications and price. 3. Quantity—no less than 50,000MT (+/-10%) (Fifty Thousands) plus /minus 10% at The Seller’s Option, every 30 (Thirty) calendar days, shall have a duration of 1 year and automatically extended by mutual agreement by both Parties; 4. Trade Terms—CIF main port of China. 5. Shipment Date—Shipment shall be made within 20 days from date of opening a fully workable L/C.
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