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Copper Ore Buyer

Post Date: Jan 21, 2008
Expiry date: Jan 20, 2009

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Detailed Buying Lead Description

 we are an  Ex.&Im.  trade company located in Tianjin city of China and have our own smeltting factory .We want to find a supplier  who can supply the copper ore for a long time , our factory is very big and  has a large need of copper ore each month. So after a trial order of 100 mt , if your goods  satisfy with us ,whatever how much quantity you have,we can alse buy all of them  for each shipment


request  cu content :  Above 10%

 trial order :               100 MT

 price formula :    CIF China= LMEprice×rate×Cu content per MT
the LME price shall be the "cash buyer"price of 3 days average staring from the Xth  day  from the B/L date for each shipment (the X days is just about the days which  the goods is on the sea from sealing to the destination )
(for example ,if the X days is 35 days and the BL date is May 10th,LME price shall be average of June13th,14th,15th.(the 35th day from may 10th is June 13th)

the cu content intervals and their corresponding LME rate as follows:
CU content     LME rate
10%-- 13%        44%  
13.1%-15%        46%  
15.1%-18%        48%  
18.1%-20%        50%  
20.1%-23%        52%  
23.1%-25%        54%  
25.1%-28%        55%  
28.1%-30%        56%  
30% above         57%  

 

term of payment:

BY  TT + 2% PBG as follows :
  a)when the goods are ready at seller's warehouse ,we will go to his side to pull samples from load after the seller have given 2%PBG in the bank .and then send the samples to China for chemical analysis at North China Mineral and Geology Testing Centre.
  b)According to test results ,and base on the certificate of  weight issued by SGS in your side ,we will pay the seller 80% of  total value by TT to the seller's bank account ,remaining 20% shall be paid after CU  content and total net dry weight are confirmed at destination port .
 

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