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.
Payment Terms:
For trial order, 100% T/T to be paid at the Steinweg warehouse after Q & Q inspection. After trial order, we will issue DLC for the monthly orders. No advance payment at all.
Destination:
Not Specified
Looking for suppliers from:
Worldwide except China
Payment Terms : For trial order, 100% T/T to be paid at the Steinweg warehouse after Q & Q inspection. After trial order, we will issue DLC for the monthly orders. No advance payment at all.
Payment Terms:
No Down Payment Accepted. Payment Guarantee DLC MT700 or MT720 only. Final payment via TT/MT103. Do Not Contact Us For Any Other Payment Terms, As We Will Reject Your Offer At First Glance
Destination:
China
Looking for suppliers from:
Worldwide
Product Description
The buyer would like to receive quotations for -
Product Name: Electrolytic Copper Cathode
Specifications :
Grade A
Lme 99,99% Rejection Below 99,97
Origin: South America, Africa (DR Congo and Zambia), or any non-sanctioned country.
Quantities:
Trials 500-1,000 MT
Contracts: 12 x 2,000-100,000 MT
Procedure:
1. Buyer sends LOI.
2. Seller sends FCO with POP Video/Images, Processing Process, Past Records (Sanitized) of international delivery (China and Singapore preferred) - Do Not Contact US IF THIS CANNOT BE PROVIDED.
3. Buyer sends ICPO with company registration and signatory passport, and banking details after successful Due Diligence.
4. Seller sends draft contract. Both parties negotiate on final contract. Contract signed and shared mutually.
5. Contract lodged by the buyer's and seller's bank for issuance of DLC MT700, MT720 - PLEASE Do Not Contact Us If This Is Not Your Payment Method.
6. Seller Will Deliver Goods As Per Contract CIF ASWP China / Singapore or FOB At An Internationally Recognized Bonded Warehouse In Dar Es Salaam / Durban And Present The Certificate Of Title Of Goods Against Warehouse Receipt, And Copies Of Certificate Of Origin, Export Documents For Buyer's Warehouse Approval And Verification.
7. Buyer Entrusts CCIC/SGS/ASI With Inspection.
8. After Successful Inspection Seller Submits The Original Certificate Of Origin, Export Documents, And Transfer Of Cargo Rights Against Payment Release TT or MT103 By The Buyer's Bank As Per Contract.
International Sellers Are Welcome. However, Sellers With Registered Accounts At Internationally Recognized Bonded Warehouses In Dar Es Salaam / Durban Will Be Given Priority
Payment Terms : No Down Payment Accepted. Payment Guarantee DLC MT700 or MT720 only. Final payment via TT/MT103. Do Not Contact Us For Any Other Payment Terms, As We Will Reject Your Offer At First Glance
Please provide a quotation to the following requirement from importer -
Product Name: Copper Cathode
Specifications :
Qty: Within 2 Days Order For 100mts Trial, Followed By 12 X 500mts Regular Deliveries
Price To Buyer Is LME -14%, Commission For My Team Is 5%
