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.
