SALAMPURIA BOTANICALS

We are seller mandate for the Supply of iron ore fines from India, Brazil, Peru, and Liberia. We have Good Contacts with the mines owners, exporters We deal on Fob, CFR, & CIF.  Size of the shipment depends from 30,000 Mt/to 120,000 Mt /shipload.
Terms- Confirmed Lc, non-transferable, TT imbursement allowed, 98% payment against sgs and 2% against ciq clearance, Indivisible Lc, for old exporters. Some sellers are also demanding 100% payment against sgs. At present we are also working with some of the best companies of china.
SELLER NO 1
COUNTRY OF ORIGIN   INDIA
Your client, if a regular importers of Iron Ore, must be knowing the trends in India. Our final answer is as under:
1.We very well know that Chinese banks never open confirm L/Cs but it can be confirmed by HSBC or any other bank in Hongkong or Singapore. No exporters in India accept without confirmation. If anybody says yes, he is simply wasting your time.
2.Now a days Bank of China is issuing TRANSFERABLE L/C. However, we do not have any objection accepting Non-transferable L/C. It is in benefit of your clients to get us Transferble L/C. As you know that we are the mine owners and we supply the material to exporters. We transfer the L/C in the name of exporters after establishing the fact that he cando shipment successfully. We arrange material and logistics for him. So please convince your client to open a transferble L/C. If he does not agree, we shall provide you the details of exporters. Our exporter is a very big corporate sector. Its turnover per year more than US $ 650000000. He has got one office in Middle East and one in China. So do not worry about the capacity. Overall we are furnishing 1% PB that is not a small amount.
3.We can accept 98% +2%payment.
4.Last B/L copy will be provided after L/C is opened.