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Sunday

China Coal Buyer

China Port Name

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

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