Copper Cathodes

Copper Cathodes
Price: LME -19%
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 19% 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.