Supply of Copper Cathode 99.97% LME 18% off CIF

We can supply you Non-LME Copper Cathode Garde A 99.97% - 99.99% at a price of LME-18% CIF ASWP.

Ourr payment terms are as follows:

Option-I: SBLC with 2% PB - Irrevocable Confirmed Standby Letter of Credit (MT760) as security (Bank to Bank) with actual payment for the consignment by MT 103 once the SGS is done at the destination port.  Also, the non-operative 2% PB will be issued which will get activated against the activated Irrevocable Confirmed Standby Letter of Credit (MT760) is received and accepted by our Bank. 

Option-II: Irrevocable Confirmed Trasnferrable Letter of Credit (MT700) without 2% PB.  We do not issue the 2% PB in the case of Irrevocable Confirmed Transferrable DLC (MT700), which it is highly conditional financial instrument and the buyer is paying us only against SGS Inspection done at the port of destination. This is because all the risks of cost of the goods, export taxes/levies, customs clearance at the port of loading, insurance cost, transportation upto loading port and sea freight upto destination port are on the part of the Seller and even if SGS is done at the destination port and if the Buyer refuses to accept or fails to take the delivery of the goods, there is no counter guarantee from the buyer.

If  the above terms are acceptable, please send us your LOI so that we can proceed further and finalise the SPA.