Standing order for a large buying group to buy the following.
Coal Specifications for Steam Coal (Thermal Coal) are simply
6700 KCal/kg GCV ( 12,000 BTU ) minimum
Ash - 15% max
Sulfur - 1% max
Purchase Order
Ready to buy today 50,000 metric tonnes. Lesser amounts will be considered.
If buyer and seller are satisfied, then 12 more orders (annual contract).
Terms
$95 maximum per metric tonne - FOB in sea worthy vessel at a seaport in eastern USA or Gulf of Mexico. Buyer is willing to expedite purchase transaction. Buyer request Seller to expedite delivery and receipt of funds.
Standing order for a large buying group with a high level mandate from the People's Republic of China. Counter offers will be considered.
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