COMMODITY: COPPER CATHODES (Cu)
ORIGIN: The Democratic Republic of Congo
GRADE: Copper Cathodes Grade A (Electrolytic Copper Grade)
STANDARD: (LME standards) Standard Cu Cathode-1, purity 99.99% min.
SPECIFICATIONS:
PHYSICAL SPECIFICATIONS:
Dimension: 914mm x 914mm x 12mm (LME standards)
Weight of each sheet: 125 kg (+/- 1%)
Net weight of each pallet: 2 MT (+/- 1%)
Minimum weight in each container: 20 MT approx.
Gross weight of each container: 22.20 MT approx.
5 CHEMICAL SPECIFICATIONS:
Copper (Cu): 99.99% min; Cobalt (Co): 0.2 ppm max; Lead (Pb): 0.2 ppm
max; Iron (Fe): 2 ppm max; Aluminum (Al): 0.5 ppm max; Manganese (Mn)
ppm max; Nickel (Ni): 0.2 ppm max; Antimony (Sb): 0.1 ppm max;
Arsenic (As): 0.1 ppm max; Silica (Si): 0.3 ppm max; Bismuth (Bi): 0.1 ppm max;
Tellurium (Te): 0.05 ppm max.; Selenium (Se): 0.1ppm max; Sulfur (S): 4 ppm max;
Magnesium (Mg): 0.4 ppm max.
PROCESS: PAYMENT OPTIONS
OPTION 1- FOR DELIVERY IN BONDED WAREHOUSE IN ZAMBIA OR DAR ES SALAAM, TANZANIA.
1. 10 PERCENT ADVANCE FOR PREPARING EXPORT PERMITS, EB AND PV LICENSES, OCC ANALYSIS REPORT, ONWERSHIP CERTIFICATE, PACKING LIST
2. 90 PERCENT AT BONDED WAREHOUSE AFTER INSPECTION IN ZAMBIA OR TANZANIA.
OPTION 2- FOR DELIVERY CIF
1. 20 PERCENT ADVANCE FOR PREPARING EXPORT PERMITS, EB AND PV LICENSES, OCC ANALYSIS REPORT, ONWERSHIP CERTIFICATE, PACKING LIST. PORT AND SHIPPING CHARGES.
2. 80 PERCENT ADVANCE AT DESTINATION PORT AFTER INSPECTION.
OPTION3- CASH AND CARRY
1. BUYER PAYS 100% AFTER VISTING THE FACTORY SITE WAREHOUSE AND SIGNING OF THE CONTRACT. THE SELLER WILL ISSUE ALL THE EXPORT DOCUMENTS AND ONWERSHIP CERTIFICATE WITHIN 7 WORKING DAYS IN THE
NAME OF THE BUYER COMPANY.
2. AFTER BUYER RECIVES ALL THE PAPERWORK, THE BUYER CAN LOAD THE CARGO IN HIS TRUCKS FOR DEPARTURE.
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.
