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J.G Processing

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Dear SirBelow is the LOI received from our buyer, if you can meet the follow terms please send us a soft quoteDATE : 10th October, 2007Buyer's Code : SUG-TND-MM061218-12.5K / 2007To : End Suppliers : J.G ProcessingLETTER OF INTENTWe,,Ms.Wendy JIA ,S.manager , hereby confirm that we are ready, willing and able to purchase the following commodity as per specification, quantity and price specified in the terms and conditions stated below. This representation is made with full corporate authority and responsibility of the above.Commodity : RUBBER SCRAPOrigin : Brazil, etc.Specifications:1 Used butyl inner tubes2 Tyre curing butyl bladders scrap, used butyl bladders3 Green tyre scrap4 Rubberized nylon friction5 Rubberized steel rejects6 Unvulcanized rubber compound7 Unvulcanized EPDM compound, off-grade8 Unvulcanized SBR sheet, off-gradePacking : in cardboard box, pp bags, etc. as per contract.Quantity : each kind : trial order of 1x40'HQ FCL, large and regular orders in future, about 100 m/t each monthlyShipping schedule : about 20 m/t per 40' HQ FCLTerms of delivery : FOB or CNF Qingdao for 3 (green tyre scrap), FOB or CNF Haiphong for other rubber scrapPAYMENTTarget Price : US$ per Metric TonPayment terms : 100%T/T after receiving the fax B/L and confirm with shipping line.1. Please take loading pictures which contains both container number and the product.2. Please show us the weight ticket.Documentations : - Full Set of Clean On Board Bill of Lading- Signed commercial invoice in 3 original and 3 copies- weight ticket- packing list

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