Buy About Copper cathode

RFQ Details

LETTER OF INTENT Dear Sirs We, TAURUS LTD LLC. represented by Director Mr. Kramarenko Oleg confirm with full corporate responsibility are ready willing and able to transact and buy the commodity below with the International Standard Specifications, terms and conditions for witch sales and purchase will be on the International procedure conducted. PRODUCT: Commodity: Copper Cathodes (Cu) Grade: Grade A (Electrolytic Copper) Standard: LME registered, MT Cathode-1 Purity: 99.99% minimum PHYSICAL SPECIFICATIONS: Dimensions: 914mm x 914mm x 12mm Weight per sheet: 125 kg (+/-1%) Net pallet weight: 2 MT (+/-1 %) Minimum weight per container: 20 MT approx. Gross weight per container: 22.20 MT approx. CHEMICAL COMPOSITION (Max PPM unless stated otherwise): Copper (Cu): 99.99% min Cobalt (Co): 0.2 ppm Lead (Pb): 0.2 ppm Iron (Fe): 2 ppm Aluminium (Al): 0.5 ppm Nickel (Ni): 0.2 ppm Antimony (Sb): 0.1 ppm Arsenic (As): 0.1 ppm Silica (Si): 0.3 ppm Bismuth (Bi): 0.1 ppm Tellurium (Te): 0.05 ppm Selenium (Se): 0.1 ppm Sulfur (S): 4 ppm Magnesium (Mg): 0.4 ppm (Manganese (Mn) max not stated) PACKAGING & SHIPPING: Export packaging: Palletized and banded with aluminum bands, loaded into 20ft containers QUANTITY & CONTRACT DURATION: Trial Shipment: 3,000 MT Monthly Quantity: 10,000 MT Contract Duration: 12 months or more (possible long-term contract) PRICE & PAYMENT TERMS: Price: max % Gross Discount Less than LME per MT (CIF China QINGDAO) Pricing Method: Average LME price (one day before, on, and one day after vessel arrival) Currency: USD Payment Method: By SWIFT MT103/TT at the port of loading. Unconditional, transferable, revolving yearly DLC/MT700 from an AAA-rated bank covering one months shipment value TRANSACTION PROCEDURES: 1. Buyer sends LOI to Seller. 2. Seller issues the SCO to the Buyer. 3. Buyer confirms and sends the ICPO with BCL from their commercial bank. 4. Seller sends draft SPA. 5. Buyer signs and returns SPA to Seller. 6. Seller countersigns SPA and returns a final copy. 7. Buyer issues DLC/MT700 (unconditional, transferable, revolving) covering one months shipment value from an AAA-rated bank. 8. Delivery commences as per the contract schedule 9. Within�72 hours�of the vessel's arrival at the delivery port, the Buyer releases payment via MT103, after SGS at the Buyers cost. DOCUMENTS PROVIDED WITH SHIPMENT: 1. Certificate of Origin 2. SGS Certificate (quality, quantity, and weight at port) 3. Bill of Lading (marked "prepaid") 4. Packing List 5. Commercial Invoice CONTACT INFORMATION: Director: Oleg Kramarenko Validity of Offer: 5 days from the issuing date. Best regards, Manager of the commercial department of the group of companies May i know the Min Order Quantity of this product. May i know the delivery time of this product?