Supplier From
Richmond,
BC,
Canada
Supplier From
Richmond,
BC,
Canada
November 2026: Electrolytic Copper (Spot) from Tanzania Payment upon Inspection
Volume: 2,000 to 20,000 metric tons per month.
Simple, straightforward transaction process: Inspection by SGS, followed by payment.
OPTION 1: Upon successful inspection, the Proof of Product (POP) is reissued in the buyer's name, and full payment is made at the port of origin in Tanzania.
OPTION 2: The buyer covers the SBLC (Standby Letter of Credit) costs by depositing funds into the designated BMO (Bank of Montreal) / Royal Bank account of the ABO Group, or into an escrow account held by the ABO Group's legal counsel. The ABO Group then secures bank financing to pay the Tanzanian supplier in full, with the goods shipped on a CIF (Cost, Insurance, and Freight) basis to the buyer's destination port.
Trial Order: Minimum 2,000 metric tons.
Annual Contract: 10,000 metric tons per month 12 months.
Current LME (London Metal Exchange) Spot Settlement Price: $14,110.50 per metric ton.
Pricing via ABO Group:
Based on the LME price, the buyer receives a 30% discount for FOB (Free on Board) terms.
For CIF terms, the buyer receives a 25% discount.
Trial Order (2,000 tons): Includes a commission of $500 per ton for the buyer's team ($1 million total).
Annual Contract (10,000 tons/month 12 months): Includes a commission of $5 million per month for the buyer's team, supported by the ABO Group's team.