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Pricing:
If you are familiar with the Cement Market, then you know that cement prices fluctuate often, and that prices depend upon many variable factors. We cannot give quote without knowing these many variable details of buyer's desired terms and conditions, as submitted in freshly dated, signed, official Letter of Intent on buyer's letterhead, no more than 2 days old, and containing all details for said cement purchase as per our procedures. Since cement prices fluctuate often, prices quoted are ENTIRELY dependent upon the many variable factors detailed by buyer.
Payment:
Our suppliers accept the following methods of payment: Prime Bank Guarantees (BG), Standby Letter of Credit (SBLC), Fully Funded Documentary Letter of Credit (FFDLC), Auto Revolving Documentry Letter of Credit (ARDLC) or Cash Wire Transfer (T/T) are acceptable. In all cases, the financial instrument must be issued or guaranteed by a Top 25 world bank. Letters of credit must be transferable, divisible, and payable on sight. If the cement is to be shipped in installments, then the letter of credit must revolve to cover each subsequent shipment. Non transferable letters of credit and revocable letters of credit will not be accepted as payment.
Please Note: Financial information must be consistent with issuer of the LOI. Only Buyers and/or their Authorized-with-Signature, Power-of-Attorney Mandates are authorized to issue LOI + BCL and sign all necessary documents including Contract + opening of L/C in Seller's Favour. We do not accept LOIs issued by agents or brokers "on behalf of buyer".
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