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Commodity: Non-LME Registered Electrolytic Copper Cathodes Grade A Origin: Congo
Current Stock Location: CONGO
First Order: 5,000 Tons or 10,000 tons
Loading Port: Dar es Salam, Tanzania
Port of Destination: ASWP.
Delivery: Immediately.
Packing: Pallet banded bv aluminum bands inside 20 feet corrtainers Contract Length: Terrn (ICC 600 Rules INCOTERMS 2010)
Price: LME -20%
DISCOUNT PER METRIC TON CIF
Inspection/Laboratory: The quality analysis (which indicates chemical compositions) shall be as per the ASSAY CERTIFICATE issued from the country of origin (CONGO), duly signed by Office Congolese de Control (OCC).
PAYMENT TERMS: Buyer issues Irrevocable, Transferable SBLC MT760 for the value of the current COPPER CATHODES being shipped.
The SBLC is to act as collateral in case the buyer or his designated paymaster fail to keep their payment obligations.
The buyer shall open the SBLC MT760 of the fìrst shipment wìthin 10 days after signed contract date. The SBLC MT760 is payable 100%, by TT MT103 after final inspection report in Buyer's Discharge Port of Choice.