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FCO Urea 46 ATAD NDPC Signed
FCO Urea 46 ATAD NDPC Signed
We, Atad Steel Structure Corporation, Registered whose prime business location at 595 Binh
Huu II Hamlet, Duc Hoa Thuong Ward, Duc Hoa Distrist, Long An Province, Vietnam, contact
address: 99 Nguyen Thi Minh Khai, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam
represented by Mr. Nguyen, Le Anh Tuan - CEO hereby confirm with full corporate and legal
responsibility to be ready, willing and able to enter into a contract for the sale of the following
commodity to ND Private Capital LLC as specified below:
COMMODITY: UREA 46, GRANULAR – FERTILIZER GRADE
PRICE: USD 840 per Metric Ton, C.I.F FO MUMBAI Port, INDIA
ORIGIN: Vietnam
DESTINATION: MUMBAI Port
QUANTITY: 30,000 Metric Tons x 12 Months Contract
INCOTERMS CIF FO PACKAGING: Bulk (1 ton Jumbo bags should be used)
DISCHARGING RATE is to be 5,000MT/Day SHINC PDPR PWWD for Mumbai Port, India
PAYMENT: Irrevocable LC at sight from Global Top 25 Bank, primarily Citibank, 100%
monthly delivery value (90% monthly delivery value is released after three working days since
submission of required FOB documents including qualified inspection report by SGS/Bureau
Veritas/TUV or Intertek; 10% monthly delivery value before the ETA 05 days).
Mutual performance bond for 1% of the contract value.
Particle size (Granulation): Not less than 90% of the material shall pass through 4 mm IS sieve and
Description, Physical Conditions: Solid @ 2˚C, 101 KPA, whit granules Form: GRANULAR,
Formaldehyde: Max. 0.55%, ISO Bs-6806-1 Melting point: 132 degrees Celsius
Radiation: Certified Non-Radioactive 100% Free Flowing Physical: Free from harmful
Boiling: Decomposes before boiling Specific gravity: Solid @ 20ºC – 1.35 t/ms Floatability in
This FCO is valid in 10 business days from the date of issue since signed by the representatives
of bothside. Legal binding terms and conditions are discussed and fixed in Sale and Purchase
Agreement