NEW 2025 March Soft Offer – Steam Coal Grade NAR 5500 Kcal / Kg – Up to 100,000 Mt per month – Origin Indonesia – CFR basis
SCO – Steam Coal
Indonesia
Please find below OUTSTANDING offer of Steam Coal direct from Miner group, related to Steam Coal from Indonesia >>
- NCV (ARB) 5500 – 5300 Kcal / Kg)
- a) Commodity: Coal bulk/Crusher
- b) Commodity Source: Kalimantan, Indonesia
- c) Quality Assurance: NCV 5500 – 5300 Kcal/Kg.
SPECIFICATIONS:
Parameter Basis Parameter Rejection
Net Calorific Value (NCV) ARB 5500 < 5300 Kcal / Kg
Total Moisture ARB 16 % > 20%
Ash ADB 10% > 20 %
Volatile Matter ADB 35 % > 45 %
Fixed Carbon ADB By Difference –
Total Sulfur ADB 0.8 % > 1.0 %
HGI ADB 45 % 50 %
Size 0-50 MM 90% Min
- Total Quantity / Contract: Trial Shipment 55,000 MT +/- 10%.
- Delivery schedule: a)Trial Shipment 55,000 MT +/- 10% (Shipping Margin)
- b) After successful trial shipments, parties enter into long terms contract of one year, for quantity defined by Buyer.
- Original Coal: Kalimantan, Indonesia
- Shipment Terms: CFR Port of Yantai, China.
Buyer to provide –
- a) Co-ordinates of the destination Port (Power Plant Pier)
- b) Port Facilities such as Pilotage / Tugs / Jetty LOA / Max Draft available
- c) Destination Port restrictions if any.
- d) Discharge rate per day
7. Price: Considering Trial shipments in April / May 2025, CFR
Port of Yantai USD 107 / MT (US $ One Hundred and Four per Metric on) will remain valid till 10th April 2025.
8. Payment Terms: Letter of Credit at Sight (MT700) – Irrevocable and Non-Transferable Payable against Export and Shipping Documents at Load Port.
9. Loading Port: Port (One Safe Port) East / Central Kalimantan (Seller’s Option)
Loading Rate 8000 MT / Day. Loading Through Barges at Anchorage.
10. Destination port:(One Safe Port) Yantai China.
Discharge Rate (24000 MT per Day) – Assured by Buyers (TBA)
11. Quality Inspection: i) By SGS / CCIC or equivalent Agency at Load port on account of the Seller.
- ii) Buyer has option to appoint their Own Rep / Second Agency of their choice at Load port at their own cost.
12. Load Port Laycan: At Mutual Consent, 20-25 Days from LC issuance date be considered regarding logistics of Coal from Mine to Stack Point at Load port.
PROCEDURES
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/RWA with full banking coordinates.
- Seller issues Draft Contract.
- Buyer signs the Draft Contract and sends it back to the Seller.
- Seller issues the final Contract to the Buyer.
- 5. Buyer’s bank issues and sends by swift the non-operative L/C 100% at sight to the Seller’s bank within 48 hours.
- Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
- Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
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