Commodity Aluminum Ingot
Aluminum purity More than 99.7 ~99.8%
Origin TBD
Quantity Per Monthly: Min 1, 000 ~ Max 5, 000 Metric tons X 12 Months - C. I. F Trial shipment: Min 400 ~ Max 1, 000 Metric tons X first times deliver
Contract period Min 1 years ~ Rolls & Extension
Price LME Discount 16 % per Metric tons (CIF Based)
Inspection Seller responsibility at Loading port by SGS or Similar (International Acceptable Inspection) Buyer responsibility at Discharge port by SGS Inspection
Loading Port Any Port designated by the Seller. (Not allowed in countries with financial sanction)
Discharge Port Port of Incheon, Republic of Korea
Payment Terms Cash Transfer T/T payment within 3 (Three) banking days after discharging port SGS inspection report. (Seller ships after confirming Escrow, DL/C (or SB L/C)
DL/C(or SB L/C), which will be opened to the Seller, and sent via SWIFT to seller's authorized company bank. SBLC's amount covers each monthly delivered cargo value.
The Seller issues 2% PB of one month delivery amount to the Buyer.