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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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