| Commodity | Brazilian Iron Ore Fines (Carajás-type / equivalent high-grade) |
| Origin | Brazil |
| Quantity | Trial + monthly vessel lots (indicative; e.g. trial ~100,000 MT then monthly ~150,000 MT ±10%) |
| Loading port | Ponta da Madeira Terminal, Brazil (or equivalent) |
| Destination | CIF China ports (e.g. Caofeidian, Hebei) — Incoterms 2020 |
| Packing | In bulk |
| Vessel | Bulk carrier |
| Price Basis | Price on firm offer (CIF; often Platts IODEX 62% Fe linked + differentials) |
| Payment | DLC per shipment; settlement 100% T/T (MT103) after CIQ certificate + full documents |
| Delivery | Pre-customs bonded warehouse only |
| Inspection | Pre-shipment SGS/Inspectorate optional (seller) · Final: CIQ at destination — binding for quality, moisture & weight |