|
|
Copper Cathode : Sell Offer
| Unit: |
Mt |
| Quantity: |
360,000 |
| Packing: |
On Request |
| Price: |
6150 |
| Posted On: |
30 September 2008 |
Description:
company is ready, willing
and able to sell COMMODITY on the following terms and conditions:
Commodity: Copper Cathode (Electrolytic Copper Grade)
Specification: See below Article 02.
Origin: The origin of the COMMODITY will be from South Africa.
Quantity: 360,000 (Metric Tons) (+/-5%)
Contract period: 12 months
Destination: CIF,ASWP
Shipments: 30,000 MT (+/-5%).
Price: US $6,150/ metric ton, CIF, ASWP.
Payment: Payment for the Agreement quantity of 30,000 MT (+/-5%) x12
for twelve months of the total quantity of 360,000 Metric Tons (+-5%)
shall be effected by Irrevocable Revolving Standby Letter of Credit
from the Buyer’s top-100 bank, in favor of the Seller’s top-100 bank,
in the format and wording as required by the Seller’s bank, to the
value of one month’s delivery, 100% payment at sight, within 3 days
of receipted-delivery at the Purchaser’s bank of the Documents
contractually agreed to trigger payment, for example, such as : Clean
Ocean Bill of Lading, Seller’s Commercial Invoice, Certificate of
Origin, Packing List, SGS Certification, Health Certificates, Insurance
Certificate, Charter Party Agreement, Beneficiaries Certificate &
Courier Certificate.
Performance Bond: 2.0% (Two Percent) of the value of the Irrevocable Prime Bank
Stand-by Letter of Credit.
Initial Shipment: Within 30-45 days after the financial instrument is in place at Seller’s
bank and, thereafter, according to the Agreement schedule.
Packing: Palletized banded by aluminum bands
Standard Procedures:
1. Seller / Seller’s Mandate sends Soft Corporate Offer
2. Buyer issues an ICPO, BCL, and NCND
3. Seller issues draft contract
4. Buyer returns contract with amendments or signs the same without
amendments. If with amendments, buyer and seller agree on final
contract, exchange and sign documents by email and courier.
5. Seller issues POP, Bank to Bank
6. Buyer issues Non-Operative Financial Instrument
7. Seller issues 2% Performance Bond and activates Financial
Instrument
8. Shipment starts within 30 – 45 days
Inspection: By SGS or equivalent at port of loading at Seller’s cost.
ARTICLE 02: PRODUCT QUALITY AND SPECIFICATIONS
The representative of SGS or compatible World Class Inspection organization at the port of
loading shall confirm the product quality conforms to the following specification:
Product : Copper Cathodes (Electrolytic Copper Grade)
Standard L.M.E Grade A Standard, Non-LME
registered, Cu purity 99.95-99.99% min
Approx. Dimension 914mm x 914mm x 12mm / 36'' X 36'' X 0.5''
Wt. of each sheet 125kgs +/-1%
Net wt. of each pallet 2M/T+/-1%
Min. wt. in each container 20M/t appr.
Gross wt of each container 22.2M/T appr.
Packing palletized banded by aluminum bands
Chemical Composition:
Copper min% 99.99%
Silica ppm/Si 0.3
Iron ppm/Fe 2.0
Cobalt ppm/Co 0.2
Sulphur ppm/S 4.0
Arsenic ppm/As 0.1
Oxygen ppm/O 0
Bismuth ppm/Bi 0.1
Argent ppm/Ag 10
Managnese ppm/Mn 0.1
Lead ppm/Pb 0.2
Teleurium ppm/Te 0.05
Nickel ppm/Ni 0.2
Aluminium ppm/Al 0.5
Selenium ppm/Se 0.3
Magnesium ppm/Mg 0.4
Antimony ppm/Sb 0.1
This Corporate Soft Offer is good for 15 days only.
Contact Details
|
RecycleINme.com. All Rights Reserved
