COPPER CATHODE GRADE A – ORIGIN FROM KAZAKHSTAN

    PRICE: LME - %18 GROSS / -%20 NETT CIF ASWP

    Commondity: COPPER CATHODE GRADE A
    Origin: Seller Choice
    Quantity: Min.2.500 MT up to 50.000 MT/ Month
    Contract Period: Spot or 12 months or more
    Agreeable: Incoterm 2020 CIF Any Safe World Ports
    Price: LME -%18 Gross/ -%20 Nett /Per 1 MT
    Port of Loading: Will be informed at the date of SPA (Sale and Purchase Agreement Document)
    Quality: At Least % 99.96 – %99.99 Pure(Cathodes, Grade Cu-Cath-Lt Trace Elements Within Bs En L978:1998 Standard)
    Inspection: SGS, CIQ or CCIC at Seller’s expense (Buyer’s expense if required at unload port)

    CIF TRANSACTION PROCEDURE :
    1. The buyer sends ICPO
    2. The seller and buyer sign SPA.
    3. The buyer s bank will send draft of confirmed by it DLC by swift in the form of MT700 as pre-advice.
    4. The seller s bank will confirm DLCMT700 payment instrument.
    5. The seller sends a proforma invoice to the buyer.
    6. The buyer issues the DLC to the seller bank via Swift MT700.
    7. Seller issues performance bond guarantee amounting 2% after the seller received DLC
    8. Within DLC from the buyer s bank, the seller s bank officer will send After the 2% performance bond guarantee by SWIFT MT760 for an amount of 2% of DLC shipment value. Within one week of confirmed DLC, seller shares proof of product/inventory with buyer.
    9. Within twenty days before the loading date, the seller informs the loading schedule and details to the buyer.(Optional: buyer may appoint its own Q&Q survey/inspection agency for a second inspection at the port of loading at buyer s expense or buyer may appoint a representative to the port of loading at buyer s expense to monitor the shipment).
    10. The seller mobilizes the stock to the port and loads the commodity cargo (aluminum ingot A7) to the vessel after inspection by SGS. Thereafter, the seller electronically sends (secure bank e-mail or SWIFT) the shipping documents and SGS report to the buyer s bank.
    11. The vessel arrives at the port of destination.Buyer ships,collects the goods.
    12. Buyer s bank sends payment by TT/MT103 of final invoice amount to seller s Bank within three business days following the date of goods SGS completed at Destination port.