InvestorsHub Logo
Followers 8
Posts 1207
Boards Moderated 0
Alias Born 01/25/2010

Re: xracer1957 post# 24532

Monday, 01/31/2011 9:02:51 AM

Monday, January 31, 2011 9:02:51 AM

Post# of 91121
"Contract for sales and the confirmation of the buyer's Documentary Letter of Credit on incoterms CFR, export from Mexico to the People's Republic of China has been completed. Further shipments shall be on windows of access at the loading berth."

I suggest that you e mail Mr.Cotton and ask him. Someone please correct me if I am wrong but it' is my understanding that the spot price is $180/ton and the ship holds 35,000 tons.

That adds up to 6.3 million dollars for the first load!