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Wanted : Copper Cathode

Buyer From Australia
VERIFIED

Expires in 149 days

  • Destination: China
  • Date: Dec 12, 2024
  • Target Price: Negotiable
  • Quantity Required: 1,000 - 5,000 metric tons
  • Payment Terms: MT103/TT
  • Shipping Terms: CIF
  • Looking for suppliers from: Worldwide
Product Description:
Please quote for the following wholesale product requirement -

Product Name: Copper Cathode

Specifications:
Origin: Any non sanctioned country
Trial quantity: 1,000mt
Monthly quantity: 5,000mt
Contract period: 12 months
Target Price: LME -19%
Commission: 3% for the buyer side
Guarantee: Irrevocable, Confirmed, Non-Transferable 100% Letter of Credit payable at the destination port
Payment method: MT103/TT
Payment timing: Payment to be made after final inspection and receipt of all documents within 3 banking days
Specifications:
- Grade: Electrolytic Copper Cathode Grade A, 99.97% - 99.99% purity
- Dimensions : 914 mm x 914 mm x 12 mm (approx., +/-1%) (LME Standard)
- Weight:
* Per Sheet: 125 kg (+/- 1%)
* Per Pallet: 2 MT (+/- 1%)
* Per Container (Min.): 20 MT (approx.)
* Per Container (Gross): 22.20 MT (approx.)
Procedure:
1. Buyer issues a Letter of Intent (LOI) to the Seller.
2. Seller issues a Full Corporate Offer (FCO) to the Buyer.
3. Buyer signs the FCO, accepting the transaction procedure and payment conditions.
4. Seller issues a draft Sales and Purchase Agreement to the Buyer for review and approval.
5. Seller and Buyer sign the agreed-upon Sales and Purchase Agreement and exchange copies via email.
6. Seller provides proof of product to the Buyer.
7. Buyer's bank issues a pre-advice (MT199) to the Seller's LC receiving bank, confirming readiness to issue the Letter of Credit.
8. Seller's LC receiving bank responds with a notification of intent to receive the Letter of Credit and issue a 2% performance bond.
9. Buyer issues an Irrevocable Standard Letter of Credit (DLC/MT700) to the Seller's bank.
10. Seller issues a 2% performance bond to activate the Letter of Credit.
11. Nominated clearing and forwarding company transports the copper cathode for shipment preparation.
12. Copper cathode shipment is completed at the loading port.
13. Copper cathode arrives at the Buyer's destination port, and final inspection is conducted by SGS, Alex Stewart, CICC, or another internationally recognized company.
14. Final payment is made against the bill of lading and inspection report at the destination port.

Contact : Yasu
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Seller Responses (25 Total)

D*** I*** L***
(4.9)
Jan-08-25
GOLD Member,   Supplier from United States
A*** W***
(3.4)
Dec-12-24
GOLD Member,   Supplier from India
G*** M*** C***
(3.4)
Dec-13-24
GOLD Member,   Supplier from Belgium
V*** I*** S***
(3.4)
Dec-15-24
GOLD Member,   Supplier from Spain
E*** T*** S***
(3.4)
Dec-13-24
GOLD Member,   Supplier from India
This lead has received 20 more responses
Buyer Of Copper Cathode
 
 
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Product Description

The buyer would like to receive quotations for -

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Payment Terms : To be discussed with suppliers

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Quantity Required: 500 Metric Tons
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Product Description

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