Hi with full legal and corporate responsibility and under penalty of perjury that we are ready, willing and able to enter into a contract for the purchase of the following commodity as specified below and that funding is available including any import/export permits needed to fulfill the purchase of the commodity as specified below. Commodity :
Portland Cement Grades : 22.5 ; 32.5 & 42.5Total quantity : 100,000 Metric Tons in TotalDelivery Terms : CIF Toamasina Port ( Madagascar)Target Price : TBPTerms of Payment : Irrevocable Letter of Credit Procedures : 1. Buyer submits LOI 2. Seller issues FCO with products specs.3. Buyer returns signed and stamped FCO.4. Seller issues Contract with full banking.5. Buyer and Seller sign and exchange contracts.6. Buyer's Bank opens Letter of Credit.7. Shipment commences as per contract.
Regards
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