LOI UREA N46-NPK CIF Beira-Malawi - Ibtihel
LOI UREA N46-NPK CIF Beira-Malawi - Ibtihel
LOI UREA N46-NPK CIF Beira-Malawi - Ibtihel
LETTER OF INTENT TO PURCHASE UREA N46 & NPK 23:10:5 CIF BEIRA PORT OF MOZAMBIQUE
Dear Sir,
We, Reaam General Trading LLC represented by Ahmed Salih, acting as Buyer, on-behalf of the Government of
Malawi hereby confirm with full corporate & legal responsibility, that we are ready, willing and able to purchase
the below commodity as per the terms and conditions as mentioned below:
First Commodity:
Commodity: Urea N46 – Granular
Origin: Middle East, Europe or Caspian Sea
Quantity 45,000 Metric Tons Spot in Tranches
Target Price Per MT: Best Available CIF Price
Second Commodity:
Commodity: NPK 23:10:5 (As Per Attached Spec Sheet)
Origin: Middle East, Europe or Caspian Sea
Quantity 45,000 Metric Tons Spot in Tranches
Target Price Per MT: Best Available CIF Price
Contract Terms: Spot Order with Possibilities for Rolls & Extension for 12 Months Contract.
Loading Port: Any Port of Sellers Choice, with the Exception of Iran (for bank purposes).
Destination: Incoterms, CIF Beira Port of Mozambique.
Discharge Port: Beira Port of Mozambique, in transit to Blantyre, Malawi.
Shipment terms: Within 7 days from Acceptance of Banking Instrument at our bank
counters.Packing: 50 Kgs (Bags) in 1.5 Tons Jumbo Bag.
Inspection: Quality, Quantity, Weight by SGS at Seller's cost at loading port and
Buyer's cost at destination port.
Payment terms: Irrevocable Non-Transferable Documentary Letter of Credit.
Performance Bond: Seller shall issue a 2% performance bond to activate the Letter of Credit.
400 Building, Baniyas Square
Behind Khan Sahib Garage, Dubai
United Arab Emirates
Telephone: +971 4 2503446 § 0509334788
: frank@omeneholdings.com § info@reaamgt.com
Website: www.reaamgt.com § www.omeneholdings.com
The given document provides the legal basis for the Seller’s transfer of these terms and parameters for
preparing of the FCO and draft contract and shall become an integral part of the future contract.
Kindly send your FCO (Full Corporate Offer), draft SPA and PI to enable us proceed with the order.
¤¤¤¤¤ Please kindly provide proof of past performance and confirmation of allocation of the product.
Yours truly ,
A b c
1 Urea 46%N
i) Formulation
a) 46% Nitrogen Minimum
b) 1% Biuret Maximum
c) 0.5% maximum moisture content
d) Granular/Prilled Fertilizer
e) Granular screen size range min 90% 1-
5mm
f) Free Flowing Product
Comply
ii) Packaging
All bags must comply with the following
specifications: -