Copper Cathode
New Products From This Supplier
PRODUCT : Copper Cathodes
ORIGIN: Democratic Republic of Congo
SPECIFICATIONS: Grade A: 99.97 - 99.99
COMMODITY AND QUALITY
PRODUCT: Copper Cathodes (Electrolytic Copper Grade A)
Standard: BS EN 1978: 1998 (CATHODE GRADE DESIGNATION CU-CATH-1)
Purity: 99.99% as per the internationally accepted parameters for such a classification.
Dimension of each Sheet: 914mm* 914mm *12mm (app.) 36” * 36” * 0.5
Weight of Each Sheet: 125 kgs +/- 1%
Packing: Palletized banded by Aluminum bands.
PRICE : LME minus 15% per Metric Tons
PAYMENT : This transaction will be done via 100% Irrevocable,
Cash Backed Non Transferable, Divisible and Assignable Bank Guarantee (BG/MT-760) as
guarantee. Payment will be effected after SGS inspection at the Port of Destination.
PROCEDURE :
(i) Buyer issues Letter of Intent (LOI) or irrevocable Corporate Purchase Order (ICPO)
with banking details.
(ii) Seller issues Full Corporate Offer (FCO)
(iii) Buyer signs the Full Corporate Offer as a token of acceptance and send it back to
the Seller.
(iv) Seller issues a draft contract to the buyer for review and subsequent signing.
(v) Buyer and Seller sign the final contract.
(vi) Buyer sends MT799 that he is capable of purchasing the trial quantity and that his
bank is ready for the procurement of the said quantity.
(vii) Seller’s forwarder sends POP ( Copies of Export License, Certificate of Origin and
SKR certificate for the agreed Quantity to Buyer’s Bank
(viii) Buyer’s Bank sends an Irrevocable, cash backed, transferable, divisible, and assignable
Bank Guarantee and confirmed Stand-By Letter of Credit
(BG/MT-760). Once the Seller’s fiduciary bank confirms receipt of the BG/SBLC, we will instruct
the bank to issue an irrevocable, operative, transferable, divisible, and assignable two percent
(2%) Performance Bond to activate the Bank Guarantee.
(ix) Seller prepares consignment and transports the same to the Port of Loading.
