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COMMODITY: Primary Aluminum Ingot (A7, Al 99.7%, Fe 0.1% max.)ORIGIN: CanadaQUANTITY: Al Ingot – 48 tons trial and 10,000 tons per monthTYPE OF CONTRACT: Spot and annual contractDELIVERY: First trial shipment within 15 days after LC openingPAYMENT: 100% Irrevocable Letter of Credit at Discharge port payable 100% after SGS report within 5 banking days after arrival max.Performance bond 2% from the total value of the shipment paid by the sell.INSURANCE: Buyer’s optionINSPECTION: SGS at loading port and buyer’s inspection at discharging potLOADING PORT: Seller’s optionDISCHARGE PORT: Busan, or Incheon seaport, Korea.
