i. COMMODITY: COPPER CATHODES 99.99%
ii.Origin: DRC.
iii.Packing: CUSTOMER SPECIFICATIONS.
iv.Destination: CIF ASWP
v.Delivery: In 30-45days the first & the rest every 30 days after
Receipt of Payment Instrument to the Sellers bank
vi.Important: No Past Performance Proof will be provided.
NO Provide 2% PB UPFRONT.
Inspection by SGS at loading port.
AQSIQ is available through Bank to Bank ONLY.
Payment:
100% CONFIRMEDIREVOCABLE, TRANSFERABLE, UNRESTRICTED, UNCONDITIONAL, ASSIGNABLE LETTER OF CREDIT/BG/MT760/799 Fully Cash Backed.Bank to bank Swift Transmission.
Note: Issued by Buyer after Signing of Draft Contract/proforma Invoice and Shall Mature in Sellers Bank Within 10 Days as we Load Within 10 daysto Sight for your inspection and Shipment.
No LC will be accepted at Sight. Only after Signing of Contract. No PB will be issued by Seller. Until Buyer ISSUE 100% LC before we load and Buyer inspects for Shipment.
vii.Procedures :
1.Seller Representative issue SCO
2.Buyer issues ICPO & NCNDA(if any)
3.Seller issues FCO.
4.Buyer signs & seals FCO and returns to seller
5.Seller sends Draft contract typical to agreed FCO terms.
6.Buyer signs & seals and return the contract.
7.Seller Sends Proforma Invoice for Payments
8.Seller confirms LC Payment Draft.
9.Shipment commences as Schedule.
Specifications:
GRADE A, Cu 99.99%, NO REGISTERED LME. SPECIFICATIONS: Copper Cathodes: Cu
99.99% Purity. Electrolytic Grade A: Shape - Rectangular Leaves, Size - 914mm x 914mm. Thickness: 12mm approx. Commodity Product: Copper Cathodes (electrolytic grade A) min. cu-purity: 99.99% premier degree DIMENSTION: 914mm x 914mm x 12mm (LME Standard) WEIGHT OF EACH SHEET: 125kgs ( /- 1%) NET WEIGHT OF EACH PALLET: 2MTS ( /- 1%) MIN. WEIGHT IN EACH CONTAINER: 20MTS approx. GROSS WEIGHT OF EACH. 22.20MTS approximately.
MINIMUM QUANTITY TO PURCHASE 10.000 METRIC TONS MONTHLY.
Product: MANGANESE ORE 42% PURITY, REJECTION AT 40%,
P 0.15% Max,
Fe 0.7% Max,
S 0.05% Max,
Al203 5% Max,
Si02 10% Max,
Moisture 3%
Size:
30 m. to 90 mm. ==> 80% to 90%
Above 90 mm. ==> 5% max
- Below 30 mm. ==> 10% max.
Quantity: 25,000 MT monthly Min. order. X 12 months with Renewals, up to 50,000 MT per month
Price FOB: Price US$3.5 per point.
Origin : Mexico
Loading port: Manzanillo Port
Delivery: FOB TERMS (Incoterms 2020) AT BUYERâ??S REQUEST
Documents:
Commercial
lnvoice One(1) original and five (5) copies signed & sealed.
Inspection certificate One (1) original and five (5) copies of certificate of quality quantity and weight inspection issued by SGS/Intertek. The certificate indicates the inspection attendance time at loading port. Certificate showing:
Name and quantity of cargo;
Name of carrying vessel and sail date; Port of discharge;
Vessel Inspection & clean on board certificate or report in 1 original and 3 copies issued by SGS/Intertek in Mexico.
Packing list One (1) original and three (3) copies of packing list showing:
Gross / net weight;
The number of ocean bill of lading;
Origin certificate One (1) original and four (4) copies issued by or endorsed by chamber of commerce of relevant government
authority of the country of origin of the product;
Performance bond: 2% monthly value in LC.
Inspection: SGS inspection of quantity and quality in port of loading by the seller, inspection at port of discharge pay the buyer., CIQ , Buyer pays at unloading port.
Payment: DLC Letter of Credit at sight 100%.per contract,. Payment is within 3days by T/T (MT103) payment of each shipment after inspection,
Trial Payment: 100% By Letter of Credit MT700 at sight against BL and SGS of Quality and Quantity in loading port
Other Terms and Conditions:
Due to the amount of sample (Trial order), it may be necessary to pack in Big Bags and consolidate in containers. This will generate an extra cost between US $ 7 to US $ 9 per metric ton and will be added to the value of the product.
PROCEDURE :
1. The seller will issue a soft corporate offer (SCO)
2. The buyer issues a letter of intent (LOI)
3. Issuance of the seller of a draft sales contract (SPA)
4. After verification of the document, the buyer approves signing the SPA
5. The buyer issues a DRAFT LC (MT-700, documentation, irrevocable and confirmed letter of credit, which must be issued by a Top 20 bank in the world, upon presentation of POF- Proof of Funds, or issuance of BCL-Bank Comfort Letter by the buyer)
6. Then, the seller begins to make the arrangements and provides the following presentation
documents:
- Certificate of origin
- Certificate of weight and quality by SGS or another similar company
- Commercial Invoice
- Export declaration.
Sugar Icumsa 45 Brazil
For 300,000 MT x 12 months CIF price ASWP USD 260 / MT
With form of payment SBLC / MT 750 value one month auto-revolving + MT 103 against shipping documents.
Following procedures:
1. Buyer's issues I.C.P.O with Bank data top 50 World
2. Seller's issues F.C.O
3. Buyer return signed and stamped copy of F.C.O with I.C.P.O + BCL
4. Seller issues Draft Contract for acceptance. Contract goes through normal negotiations and validation period.
5. Buyer returns the Draft Contract by exchanging e-mail attachment, duly signed and sealed within 48 hours, the Draft will deemed legal until hard copies are exchanged.
6. Within 3 banking days Buyer's bank issues SBLC.
7. Within 7 days Seller issues POP to Buyer.
8. The delivery and forwarding begin immediately according to the contract.
9. Visits and inspection only in the Warehouse.
IC 45 SPECIFICATIONS
POLARITY at 20ºC: 99.80º Minimum
SULPHATED ASH CONTENT: 0.04% Maximum by Weight
MOISTURE: 0.04% Maximum by Weight
MAGNETIC PARTICLES: mg/kg 4
SOLUBILITY: 100% Dry & free flowing
GRANULOMETRY: Fine Standard
ICUMSA: Colour 45 ICUMSA attenuation index Units (Method #10-1978) Maximum AS: 1 P.P.M.
COLOUR: Brilliant White
REDUCING SUGAR: 0.010% Maximum in Dry Mass
RADIATION: Normal w/o presence of cesium or iodine SO2: mg/kg 20
HEAVY METALS, TOXIC ELEMENTS Maximum mg / kg basis
