Product Description
- Goods ︰ Cathode electrolytic copper (LME standard specification).
- Habitat ︰ Africa The Democratic Republic of Congo.
- Ingredient ︰ 99.96-99.99% cathode electrolytic copper.
- The price ︰ CIF China any major port price (http://www.lme.co.uk/copper.asp) the price floats down 15% for British London LME .
- Closing unit ︰ US dollar / Metric Ton.
- Each contract basic goods supply quantity ︰ First month supplies goods is 1,000 metric tons, the second month to 13th month 2,000 metric ton/each month. The total goods supply quantity is 25,000 metric tons, divides 13 month goods supplies.
- Payment ︰ Both sides sign a treaty in for seven days L/C.
- Delivers goods ︰ Both sides to sign a treaty in for 35 days to load a ship.
- The letter of credit ︰ Uses may transfer, may divide freight bill letter of credit.
- The transaction procedure ︰ Shows LOI by the buyer (Letter of Intention) to purchase merchandise the intention statement, and BCL (Bank Capacity Letter) the bank credit proved that replies FCO again by the seller (Full Corporate Offer) the responsible intent contract, the buyer confirmed FCO signs for the seller, the seller receives confirmed signs FCO sends the herbaceous contract, after the round turns sign the formal contract, in buyer seven days to the seller start out with may transfer, may divide freight bill letter of credit. The buyer makes the value 1,000 tons letters of guarantee, the seller makes the 2%PB honoring an agreement earnest money to start the buyer to start out the letter of credit. The seller in signs a treaty latter in 35 days the loading. Most little signs one year contract. Did not provide based on the fulfillment confidentiality agreement provision formerly traded the record. Welcome various manufacturers purchase.
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