Product: D2 (see specifications in Annex 1)
Monthly Shipment: 600,000 MT
Total Quantity: 7,200,000 MT
Contract: 12 months
Shipment Terms: FOB Rotterdam
Price: Platts FOB Rotterdam minus Gross $50, Net $40
Payment Terms: RDLC from first class bank
Commission: $10 per MT: $5 sellers side (closed), $5 buyers side
$1 open). Buyer pays commission.
Performance Bond: 2% of total value of product issued by seller.