VENTE N°167829:
13/08/2014 15:42:30
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ZONE MEMBRE
PRODUCT DESCRIPTION/SPECIFICATIONS
a. The Product under this SPAC is described as COPPER CATHODE PLATES.
b. SPECIFICATIONS (FULL SPECIFICATION)
Quality: 99.97% Purity
(Electrolytic Copper Cathodes, Grade A), 99.90% Minimum, The rejection level of 99.95% and 0xygen 0.03> conforming to the LONDON METAL EXCHANGE (LME) specification and BS en 1978 : 1998 analyst and standard
Measurement Length, width and thickness of the Copper
Cathode Plates shall be that of the LME Standard, Internationally accepted measurements.
Other Technical Specifications:
i. Both Parties hereto hereby agree to a maximum of minus 0.01% tolerance as to the purity of the Copper Cathodes Plates as will be determined by the qualified, licensed Quality Inspector approved by both Parties hereto.
ii. The cost of Quality Inspection Certificate at the Port of Loading shall be paid by the SELLER hereto
iii. The cost of Quality Inspection Re verification Certificate (if required) shall be paid by the BUYER hereto at port of discharge.
iv. Measurement and Samples. The measurement of quantities and the taking of samples for the purposes of determining the quality of the product subject matter of this SPAC, shall be carried out at the port of loading in accordance with the general practices as accepted in the Copper Cathode Industry, which SGS or any other licensed and Qualified International Quality Inspectors mutually agreed by both of the Parties hereto, shall adhere.
COUNTRY OF ORIGIN: DRCONGO/ZAMBIA
QUANTITY
a. Both Parties hereto hereby agree that the quantity of Copper Cathode Plates under the SPAC shall be 2000MT/month like trial shipment after will be for twelve months.
• 2000 Mt x12 Month 24.000 MT in one year b. CONSIGNMENTS.
The SELLER hereto hereby agreed that the Consignment of Copper Cathode Plates shall be 2000MT for the first month, which shall be shipped according to the following shipment schedule:
Depending on the availability of space in the vessel/ship at the Port of Loading and the
MAXIMUM 20 MT stuffed in 20ft containers per shipment, in as many vessels will be available at the Port of Loading at scheduled time, date and designated berth.
PRICE
Both Parties hereto hereby agree to the following Price Structure and terms of sale of the Quantity and Quality of Copper Cathode Plates subject matter of this SPAC:
a). The price of the copper cathodes shall be:
Today Price is 7142$USD/MT.
Discount Fix Price 13% LME is 6214$USD/MT. Cash Buyer Price CIFTotal amount for 2000MT shipment contract price will be USD$ 12.428.000.00$USD(TWELVE MILLIONS
AND FOUR HUNDRED TWENTY EIGHT THOUSANDS UNITED STATES OF AMERICA DOLLAR) for the total contract shipments (2000 MT)
PAYMENT TERMS
Both Parties hereto hereby agree that the Payment terms under this SPAC shall be as follows:
a. By Irrevocable, Confirmed, and Transferable,Divisible Stand By Letter of Credit via Swift payable at sight at counter of the seller’s bank against the shipping documents. The seller has right to request the SBLC full amount of 1Year Contract to be confirmed by a reputable prime Bank. Payment by 100% telegraphic wire transfer upon arrival & re inspection of goods at destination port by SGS or its equivalent.
b. Upon signing of this SPAC, the BUYER hereto shall submit a copy of this SPAC together with relevant documents required by his bank to start the Bank to Bank process of issuance of the required an Irrevocable, Confirmed,Transferable and Divisible,SBLC. The BUYER’S banking coordinates and instructions shall be given as part of the documents to be submitted to the SELLER’S Bank.
c. Currency. Both Parties hereto hereby agree that the currency for the payments for goods under this SPAC shall only be that of the United States Dollars Currency.
d. Payment for the goods will be effected by swift transfer within seven banking days of goods arrival, presentation of shipping documents and final inspection at the declared destination port by SGS.
e. Payment shall be guaranteed by a SBLC for total shipments value.
Conditions tarifaires : 6214USD/MT
Quantite : 24,000 TONNES
Prix : 6214USD/MT