Copper Cathodes
Origin: Congo/Zambia
Trial order: 500MT
Contract: up to 5,000 MT per month
Price: LME - 18% CIF
MINIMUM PURITY OF COPPER SHALL BE BETWEEN 99.97% AND 99.99%
Technical Features
Dimensions And Mass:
length Is Approximately 914 Millimeters;
width Is Approximately 914 Millimeters;
Thickness Is Approximately 12 Millimeters (approximate Size Is 36â??x 36â?? X 0.5â??);
weight Is Approximately 125 Kilograms (+/- 2%);
net Weight Of Each Pallet Is 2 Mt (+/- 2%);
Net Weight Of Each Container Is Approximately 22 Mt (+/- 2%).
Packing And Labeling
Palletized And Stranded By Aluminum Bands;
each Pallet Is Labeled Indicating Bundle No., Gross And Net Weight, And Package No.
1. Buyer Issues Loi To Seller
2. Seller Sends To Buyer This Draft Copy Of The Spa.
3. Buyer Reviews And If Any Amendment Is To Be Made, He Is Free To Make Them And Return The Spa To Seller. If Seller Accepts The Changes, Then Seller Will Send Back To Buyer The Final Version Of The Spa Signed For Buyer To Countersign And Return To Seller.
4. after The Signature Of Both Parties Is On The Spa, Seller Issues A Proforma Invoice For The Purpose Of Having Buyerâ??s Bank Draft The Financial Instrument Covering The Value Of First Trial Shipment.
5 the Buyer`s Financier Bank Will Issue A Prre-advice Provides Mt799 Stating The Readiness To Issue The Dlc Mt700 In Favor Of The Receiving Bank.
6 seller`s Financier Bank Replies To Buyer Bank Via Mt799 To Confirm That The Account Is Ready To Receive The Dlc And Will Issue Pb After Getting Dlc Mt700 Form The Buyer.
7 buyer`s Financier Bank Issues Official Dlc Via Mt700 To Seller`s Financier Nominated Account.
8 seller`s Financier Bank Issues Official Pb Via Mt700 To Buyer Nominated Account.
9 seller Commences The Transportation Of Copper To The Buyer`s Destination Port.
10 buyer Conducts Quantity And Quality Inspection By Sgs At The Buyer`s Port Of Discharge Within 3 To 10 Days.
11 buyer Pays 100% Of Shipment Value By Tt/mt103 To Seller`s Bank Account Within 5 Working Days.
12 next Shipment As Scheduled In The Spa.
Commodity : ELECTROLITIC COPPER CATHODES
Price: LME -18%
SBLC Only
European supplier
Specifications: GRAD A MIN.CU PURITY 99.97%-99.99%
Quantity: Total up to 120,000 MT for 1 year:
- 1000 MT 1st trial shipment
- 12 regular monthly shipments of each up to 30,000 MT
Packing : In Bundle of 1.2-1.5 mt (914x914x12)
Weight of each Pallet: 125 KGS +/- 1%
Net weight of each pallet: 2.2 M/T +/-1%
Dimension: 914 mm x 914 mm x 12 mm (appr.36 x 36x0.5)
Min. weight in each container: 22 MT
Origin: Congo/Zambia
Price : LME USD Cash Official Price minus 18% discount CIF destination port. The LME fixing is
established at the time of issue of the commercial invoice at the time of shipment, based
on the average of the last 3 LME trading days. If the 3 days LME USD Cash Official Price
average is falling under xxx USD, the price discount has to be renegotiated. In the
event that the renegotiation doesnt lead to an agreement between the parties, the
contract can be dissolved and the letter of credit revoked by the buyer.
Destination Ports : CIF ASWP
Inspection : Loading port: SGS by Sellers expense.
Discharge port : SGS agency by Buyers expense .
Performance bond : 2.0%
Insurance: (Seller Side) 110% of the Value of the Shipment.
Payment: DLC/MT700 confirmed, irrevocable, operative, at sight, no delay, assignable,
divisible, covering 100% of the value of one monthly shipment or SBLC/MT760,
unconditional, assignable, with a duration of 366 days, Financial Instrument must
be issued by a World Primary Bank.
Payment at destination port against shipping documents and SGS report through TT MT103.
Copper Cathodes
Price: LME -19%
SBLC ONLY
European supplier
Specifications: GRAD A MIN.CU PURITY 99.97%-99.99%
Quantity: Total up to 120,000 MT for 1 year:
- 1000 MT 1st trial shipment
- 12 regular monthly shipments of each up to 30,000 MT
Packing : In Bundle of 1.2-1.5 mt (914x914x12)
Weight of each Pallet: 125 KGS +/- 1%
Net weight of each pallet: 2.2 M/T +/-1%
Dimension: 914 mm x 914 mm x 12 mm (appr.36 x 36x0.5)
Min. weight in each container: 22 MT
Origin: Congo/Zambia
Price : LME USD Cash Official Price minus 19% discount CIF destination port.
The LME fixing is established at the time of issue of the commercial invoice at the time of shipment, based
on the average of the last 3 LME trading days. If the 3 days LME USD Cash Official Price
average is falling under xxx USD, the price discount has to be renegotiated. In the
event that the renegotiation doesnt lead to an agreement between the parties, the
contract can be dissolved and the letter of credit revoked by the buyer.
Destination Ports : CIF ASWP
Inspection : Loading port: SGS by Sellers expense.
Discharge port : SGS agency by Buyers expense .
Performance bond : 2.0%
Insurance: (Seller Side) 110% of the Value of the Shipment.
Payment: DLC/MT700 confirmed, irrevocable, operative, at sight, no delay, assignable,
divisible, covering 100% of the value of one monthly shipment or SBLC/MT760,
unconditional, assignable, with a duration of 366 days, Financial Instrument must
be issued by a World Primary Bank.
Payment at destination port against shipping documents and SGS report through TT MT103.
Commodity : ELECTROLITIC COPPER CATHODES
Price: LME -18%
SBLC Only
European supplier
Specifications: GRAD A MIN.CU PURITY 99.97%-99.99%
Quantity: Total up to 120,000 MT for 1 year:
- 1000 MT 1st trial shipment
- 12 regular monthly shipments of each up to 30,000 MT
Packing : In Bundle of 1.2-1.5 mt (914x914x12)
Weight of each Pallet: 125 KGS +/- 1%
Net weight of each pallet: 2.2 M/T +/-1%
Dimension: 914 mm x 914 mm x 12 mm (appr.36 x 36x0.5)
Min. weight in each container: 22 MT
Origin: Congo/Zambia
Price : LME USD Cash Official Price minus 18% discount CIF destination port. The LME fixing is
established at the time of issue of the commercial invoice at the time of shipment, based
on the average of the last 3 LME trading days. If the 3 days LME USD Cash Official Price
average is falling under xxx USD, the price discount has to be renegotiated. In the
event that the renegotiation doesnt lead to an agreement between the parties, the
contract can be dissolved and the letter of credit revoked by the buyer.
Destination Ports : CIF ASWP
Inspection : Loading port: SGS by Sellers expense.
Discharge port : SGS agency by Buyers expense .
Performance bond : 2.0%
Insurance: (Seller Side) 110% of the Value of the Shipment.
Payment: DLC/MT700 confirmed, irrevocable, operative, at sight, no delay, assignable,
divisible, covering 100% of the value of one monthly shipment or SBLC/MT760,
unconditional, assignable, with a duration of 366 days, Financial Instrument must
be issued by a World Primary Bank.
Payment at destination port against shipping documents and SGS report through TT MT103.
Specifications : GRADE A
MIN.CU -PURITY 99.97%-99.99%
Weight of each sheet : 125KGS +/-1%
Net weight of each pallet : 2.2MT+/-1%
Dimension : 914mm x 914mm x 12mm (appr.36"x 36"x0.5" )
Gross weight of each container : 22 MT
CIF Price : LME -18%
Destination Port : (TO BE PROVIDED IN CONTRACT)
Origin : DEMOCRATIC REPUBLIC OF CONGO (DRC)
Packing : Palletized Banded by Aluminum Band & Containerized Delivery : Within 30 days after received financial instrument.
Trial Shipment : 1.000 MT.
Monthly Order Quantity: up to 5,000 MT X 12 MONTHS
TOTAL QUANTITY: 61,000 MT.
Loading port: Dar Es Salaam/Tanzania or Durban/ South- Africa.
Commission: Seller pay commission to all intermediares
Delivery Terms : CIF
Guarantee payment : Irrevocable non Transferable DLC ( DLC MT 700)
Validity LC: Trial 90 days and after One Year and One day.
Aluminium Ingots grade A7
price: LME - 13%
SBLC ONLY
b) Specifications:
Purity min 99.70%
c) Quantity: Total up to 151,000 Metric Tons (MT) for 13 months.
- 1 trial shipment of 1,000 MT
- 12 regular monthly shipments of each 12,500 MT
d) Packing : Bulk, individual pallets approx. 1 m each.
e) Origin: Tajikistan
f) Price : LME USD Cash Official Price minus 13% discount CIF destination port.
g) Destination Ports: CIF ASWP
h) Loading Port: Mersin or Istanbul port, Turkey
i) Inspection : Loading port: SGS or equivalent Inspection Company by Sellers expense.
Discharge port : SGS or equivalent Inspection Company by Buyers expense
k) Performance bond : 2.0%
j) Insurance: 110% of the Value of the Shipment.
l) Payment: SBLC/MT760 from world primary bank, irrevocable, operative,
confirmed, unconditional, as 100% guarantee of the value of at least
one regular monthly shipment. Duration: 366 days. The SBLC is only a
guarantee in case of non-payment. Payment at destination port against
SGS/CCIC Report and shipment documents with T/T MT103 or MT202.
Aluminium Ingots grade A7
price: LME - 13%
SBLC only
Origin: Europe, European supplier
b) Specifications:
Purity min 99.70%
c) Quantity: Total up to 151,000 Metric Tons (MT) for 13 months.
- 1 trial shipment of 1,000 MT
- 12 regular monthly shipments of each 12,500 MT
d) Packing : Bulk, individual pallets approx. 1 m each.
e) Origin: Tajikistan
f) Price : LME USD Cash Official Price minus 13% discount CIF destination port.
The LME fixing is established at the time of issue of the commercial
invoice at the time of shipment, based on the average of the last 3 LME
trading days. If the 3 days average LME price, deviates from the price
set at the time of signing the contract by plus or minus 15%, the
discount must be renegotiated. In the event that the renegotiation
does not lead to an agreement between the parties, the contract can
be dissolved.
g) Destination Ports: CIF ASWP
h) Loading Port: Mersin or Istanbul port, Turkey
i) Inspection : Loading port: SGS or equivalent Inspection Company by Sellers expense.
Discharge port : SGS or equivalent Inspection Company by Buyer at his expense
k) Performance bond : 2.0%
j) Insurance: 110% of the Value of the Shipment.
l) Payment: SBLC/MT760 from world primary bank, irrevocable, operative,
confirmed, unconditional, as 100% guarantee of the value of at least
one regular monthly shipment. Duration: 366 days. The SBLC is only a
guarantee in case of non-payment. Payment at destination port against
SGS/CCIC Report and shipment documents with T/T MT103 or MT202.
COMMODITY:
Copper Cathode Grade A / ASTM B115 00.
Copper Cathodes 99.99% purity
99.99% / ASTM B115 / UNS No C11040 / ASTM B49-08a.
Electrolytic Grade A: Premier degree size: 914mm x 914mm x 12mm (approx.) (36 x 36 x0.5)
Weight of each sheet: 125kgs +/- 1% net
Weight of each pallet: 2m/t +/-1%
Minimum weight of each container of copper cathode: 20 m/t approx.
Gross weight of each container: 22.2m/t approx.
Quantity : 300 Mt trial followed UP TO 10.000 for 12 months
Quality : 99.99% electrolytic copper cathode
Country of Origin : Democratic Republic of Congo
Destination port : FCA COSCO WAREHOUSE AT DAR ES SALAAM TANZANIA
Price : LME MINUS 18% per MT NET
Incoterms : FCA WAREHOUSE TANZANIA
PROCEDURES:
A. Seller issues the draft Sale and Purchase Agreement to the Buyer;
B. The Buyer completes and signs this Sale and Purchase Agreement;
C. The seller issues an invoice to the buyer for the buyer to prepare the DLC MT 700
D. The buyer ISSUE the DLC MT 700 NON TRANSFERABLE, IRREVOCABLE, CONFIRMED within 7 working days payable against SGS report inside FCA bonded warehouse
F. Shipping begins 7 days after Seller receives the LC.
G. The seller after received bank instrument will ship goods to FCA COSCO WAREHOUSE at DAR ES SALAAM TANZANIA for buyer inspection.
H. Buyer schedule SGS inspection and pays 100% by TT within 3 banking days against SGS Report. Seller transfer ownership of the goods.
I. After successful trial order , seller issue DLC MT 700 for each month order with payment by TT after SGS REPORT at FCA COSCO WAREHOUSE AT DAR ES SALAM TANZANIA
Aluminium Ingots grade A7
price: LME - 13%
SBLC only
Origin: Europe, European supplier
b) Specifications:
Purity min 99.70%
c) Quantity: Total up to 151,000 Metric Tons (MT) for 13 months.
- 1 trial shipment of 1,000 MT
- 12 regular monthly shipments of each 12,500 MT
d) Packing : Bulk, individual pallets approx. 1 m each.
e) Origin: Tajikistan
f) Price : LME USD Cash Official Price minus 13% discount CIF destination port.
The LME fixing is established at the time of issue of the commercial
invoice at the time of shipment, based on the average of the last 3 LME
trading days. If the 3 days average LME price, deviates from the price
set at the time of signing the contract by plus or minus 15%, the
discount must be renegotiated. In the event that the renegotiation
does not lead to an agreement between the parties, the contract can
be dissolved.
g) Destination Ports: CIF ASWP
h) Loading Port: Mersin or Istanbul port, Turkey
i) Inspection : Loading port: SGS or equivalent Inspection Company by Sellers expense.
Discharge port : SGS or equivalent Inspection Company by Buyer�¢??s expense
k) Performance bond : 2.0%
j) Insurance: 110% of the Value of the Shipment.
l) Payment: SBLC/MT760 from world primary bank, irrevocable, operative,
confirmed, unconditional, as 100% guarantee of the value of at least
one regular monthly shipment. Duration: 366 days. The SBLC is only a
guarantee in case of non-payment. Payment at destination port against
SGS/CCIC Report and shipment documents with T/T MT103 or MT202.
PROCEDURES
1. Buyer issues a Purchasing Order (ICPO) to the Seller. The buyer must issue proof of funds (POF). It can be RWA / BCL signed by two bank officers (Certification letter), in which the seller's bank officer can verify the funds with the buyer's bank officer.
2. Seller issues an SPA Sale & Purchase Agreement.
3. Buyer reviews, signs, and returns Purchase Contract within three (3) business days. Seller signs Purchase Contract and sends copy to Buyer via email.
4. The Buyer issues the SBLC in favor of the Seller and remits the SBLC MT760 to the bank
designated by the Seller within five (5) business days following the signing of the Purchase and Sale Agreement. The SBLC shall be for one (1) monthsâ?? worth of shipment, with a maturity of twelve (12) months and one (1) day from the date of issuance.
5. The SBLC must be sourced from one of the top 25 banks in the U.S. or Europe, and be
unconditional, irrevocable, unrestricted, transferable, free of encumbrances and confirmed with full bank liability.
6. Seller verifies and confirms, by receiving the SBLC.
7. Within ten (10) working days after the seller confirms that the SBLC is correct, the Buyer
will receive the completed shipping documents and the Proforma Invoice (PI), once the
vessels are loaded and ready to depart (Port Assigned).
8. Approximately (20 - 24) business days later, the sugar will arrive at the designated U.S.
port facilities and the Buyer will be notified.
9. After inspection of the product and documents in origin port by Buyer or Buyer's
representative, Buyer will pay the full sugar payment, on the same day, into Seller's
designated bank account.
10. The Seller will transfer title to the Buyer.
Payment Terms:
â?¢ SBLC/MT 760, will be issued in favor of the supplier, the document will be Divisible,
Irrevocable transferable, Endorsable, operative and confirmed 100%, the payment of the
product will be made by Bank Transfer MT/103 to the Seller of the product of merchandise contracted in the port of origin, which will be transported to the different ports designated by the buyer.
All taxes and duties related to Nationalization are included in the price provided. The
