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Victory Trading

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We are ready to supply this products:*Product No.1:Commodity: Brazilian Manganese Ore.Origin: BrazilQuality specification grade: Mn 40 %Specification: Manganese Ore (Mn) 40% (Rejection below Mn 38%):Mn 40 % Rejection below 38 %Al203 9.5 % M�Si02 13.00 % M�S 0.03 % M�P 0.1 % M�Fe 10 % M�CaO 1.24 %MgO 1.39 %Physical characteristics: Above 6 mm 60 % min.Below 6 mm 40 % max.Moisture: Max 10.00 % at 105 �.Quantity: 45,000 DTM to 135,000 DTM/month x 36 month contract into 45,000 MT capacity vesseis, because the Santana Port Capacity is up to 45,000 MT.vessel cargoes:45.000 MT. 1�Month-90.000 MT. 2�Month-90.000 MT. 3�Month-135.000 MT. 4�Month-135.000 MT. 5�Month-135.000 MT. 6�Month-135,000 MT. 7�Month -135.000 MT. 8�Month-135.000 MT. 9�Month -135.000 MT. 10�Month -135.000 MT. 11�Month-135.000 MT. 12�Month-Loading port: BrazilDestination port: At the buyer� optionBase price: FOB: USD$195.00/MT, Santana Port, Brazil (INCOTERMS 2010 ).Price adjustment: The Base Price shall be increased in USD$ 2.00/MT per each 1.00% of Mn content above 40%, and shall be reduced in USD$2.00/MT per each 1.00% below 40%.Price conditions: The price shall be adjusted each six month period during the contract validity.Length of contract: Up to 36 month with possible rolls, extension, increasing and/or renewal.Payment: Letter of Credit Documentary (DLC), Transferable, Divisible, Confirmed and Irrevocable, 100% at sight against presentation of shipment documents. The DLC must be issued by a Top 50 Word bank. The payment will be made 100 at loading port.Sales terms: In Bulk.Inspection: SGS Brazil at loading port.Performance Bond: The seller issue one performace bond in amount of 2% of total value of the L/C , in favour of the buyer in the Seller� Bank.Procedures:1) Buyer� send ICPO and sign the acceptance the soft offer (sign and return).2) Seller� issues Draft Contract.3) Buyer reviews the draft contract and makes changes for seller�.

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