UREA AND DAP PRICES BASED ON FOB

DEAR SIR THE FOLLOWING ARE OUR CURRENT INDICATIVE QUOTES FOR THE PRODUCTS DESCRIBED. PRICES ARE SUBJECT TO CONFIRMATION. SHIPMENTS ARE IN BULK UNLESS OTHERWISE INDICATED. UREA 46 Prilled - PRICES FOB basis in bulk 12,500mt - USD 89 25,000mt - 85 50,000mt - 83 100,000mt - 82 Add 15/mt for granular DI-AMMONIA PHOSPHATE (DAP) - in bulk FOB basis: 12,500mt - USD154 25,000mt - 150 50,000mt - 148 Add 15/mt for granular Specs UREA as follows: Product: Urea Pilled Nitrogen: 46% min Moisture: 0.3% max Beret: 1% max Colour: pure white Granulation: 94% CELL Kernels: 90% Static Resist: 0.7% Melting Point: 132 degrees cent. Pill: 1-4 MM 90% Specs DAP as follows: Product: DI-AMMONIA PHOSPHATE Nitrogen: 18% min. Ammonical Nitrogen: 15.5% min. Nitrogen in form of urea: 2.5% max Neutral Ammon. Citrate Soluble P.O: 46% min. Water Soluble PO: 41% min. Moisture: 1.5% max Granulometry: 1-4mm: 90% min. below 1mm: 5% max Color: black The standard procedures are as follows: 1. Buyer issues LOI and Seller responds with FCO (Full Corporate Offer) 2. Buyer signs and returns FCO with a Bank Comfort Letter (a letter from its bank stating that the buyer has been involved in the importation of substantial commodities for so many years and had maintained an account of good standing with them for some time. 3. contract is signed and exchanged via fax and hard copies. 4. buyer's bank issues proof of funds and draft LC and seller responds with proof of product and approves LC draft. 5. buyer's bank issues LC preadvice, to become operative when the 2% performance bond is received. 6. Seller's bank issues 2% PB to activate LC. 7. First shipment commences 3--45 days after receipt of acceptable LC. SGS inspection will have to be undertaken by seller at his expense, and certificates on weight and quality will have to be provided as part of the shipping documents to be presented for negotiation of the LC. Sample can be provided on buyer's expense after contract is signed (subject to sample approval) Also details of forwarding agent etc, will be provided after loading is completed. All your commissions including what you will have negotiated with the buyer shall at your request be paid by us. We give you a price and you tell us what the contract price should be and we take care of your commission. This is normal practice. When the contract is signed, you will receive a Fee Protection Agreement, and when our bank receives an acceptable LC, you will receive an irrevocable Payorder from the bank which will undertake to pay you the commission as and when they receive the sale proceeds on negotiation of the LC. First shipment shall be 35-50 days from receipt of ACCEPTABLE LC, and there after, shipments may be at fortnightly or monthly intervals, at buyer's option. So see our price and add your commission to it before you make your offer to the buyer, but keep in mind, that buyers are in the market and high commissions which lead to unacceptable prices kill every deal. Best regards Currency: USD Unit Price: 0.00 Quantity: 0 Delivery: