英语翻译
By irrevocable USD LC payable at 90 days sight issued by a Bank acceptable to Seller' s Bank.Buyer shall bear 90 days interest charge @LIBOR +3% issued by 5 main banks in China starting from the LC issuing date.LC to be issued to Seller not late than 11/6/2012 with T/T.Reimbursement allowed,based on 110% of prevailing market price plus premium as provisional price and allow +/-10% tolerance in unit price and credit amount.