South china
Middle China
North china
almost 97 % coal buyer is from china
other is :
India , Malaysia , Korea , Philippine
usually not a buyer :
Singapore , Australia
Procedure
1.= all cost / expense survey / ticket / hotel are handled by buyer =
2. Buyer sign FCO and send back to us
3. Buyer send LOI / ICPO with price , spec. and term / bank information
4. Buyer / seller send draft contract ( if LC + draft LC )
5. Both parties revise the contract ( if LC + draft LC )
6. PRice , specification , term match and oke
-- buyer send buyer's company profile
-- NCNDA/IMFPA Fee Protection preparation
7. Sign Contract - by email
8. Sign contract physically in jakarta/kalimantan
After all oke = draft LC + draft contract , price spec , term
buyer can come for meeting + sign and survey
all survey cost + expense + other
are handle by buyer side
Important document is given / shown in sign contract time
9. seller preparation of financial and production + stock
10. Goods preparation and shipment preparation
More information :
Coal Price Information
Fob mother vessel
Steam Coal CIF price
Steam Coal Investor
Steam Coal Cash Price
