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We Buy Copper Cathode

  • Date Posted :

    2020-01-10

  • Valid Until :

    2020-03-10

  • Specifications :

    COPPER CATHODE

  • Quantity :

    15,000MT

  • Price

    LME - 19% PER MT CIF CHINA USD

  • Packaging :

    CONTAINERS

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I AM LOOKING FOR SELLERS WHO CAN COMPLY & SUPPLY AS FOLLOWS:-

1. Commodity name: Copper Cathode 99.99% Copper

2. Quantity:
The first shipment of 500 Metric Tons (MT) is trial shipment. Then 5,000-15,000MT×11 months. +/- 5% at Sellers option.

3. Time of Shipment:
Within 30 days after Seller received Operative Documentary Letter of Credit (L/C).

4. Port of Unloading: Main Ports in China e.g. Guangzhou/Qingdao/Tanjin, etc.

5. Pricing Formula:
[Average LME Grade ‘A’ Copper in Quotational Period (QP)] × 81% = US$ /Per MT CIF China's main port.

6. Payment Security and Payment Method:
Non-Transferable DLC/LC + 100% TT after inspection of goods.

7. Procedure
(1) The Buyer issue LOI or ICPO and provide Proof of bank facilities (Bank Statement) of not less than US$ 20 million as Initial Proof of Bank funds (POF).

(2) The seller issues the FCO and provides the following documents:
a. Copy of recent transaction records B/L and/or electrolytic copper offshore international commodity inspection certificate. (Note : Seller must be RWA to give this document copy otherwise the deal won’t work out)
b. The draft of Contract and corrected by the buyer.

(3) The two parties signed a contract.

(4) By Irrevocable Non-Transferable L/C at sight for 100% of invoice value. L/C Pre-advice shall to be opened within 5 working days after signing of the contract. 100% by T/T after CIQ or SGS report at buyer’s discharge port within 10 days.

(5) The seller shall open an irrevocable operative Bank Performance bond for 2% of L/C amount shall within 5 working days receipt of L/C Pre-advice to Buyer’s bank. The L/C is activated for it to take effect.

What app +60196630391 maxitradeglobal at gmail dot com

Related Keywords : copper cathode

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