Date of Issue: October 1, 2013
Valid Until: October 31, 2013
To: End-Buyer or Buyer’s Mandate
We, Total Planner, Inc. (Seller's Mandate), on behalf of the Seller with full corporate and legal responsibility, under penalty of perjury confirm that we are ready, willing and able to supply the following commodity as per specifications and i the quantity and for the price as specified in this offer.
Commodity:
|
Aluminum Ingot
|
Quality:
|
99.7% > Non-LME Registered
|
Size:
|
8 or 25kg/ingot +/- 5%
|
Packing:
|
1,000kg/pallet
|
Purity:
|
99.7%
|
Origin:
|
China
|
POL:
|
Tianjin/Shenzhen Seaport, China
|
POD:
|
Buyer’s Choice
|
Quantity:
|
First Shipment: 300mt
Monthly Shipment: up to 2,000mt/mo x 12months
|
Price:
|
USD1,920/mt, CIF Japan, Korea
USD1,960/mt, CIF Singapore, Thailand, Malaysia USD2,020/mt, CIF India *Price can be adjusted as per LME without prior notice.. |
Payment Terms:
|
Japan and Korea: Irrevocable, Transferable, Confirmed L/C, payable within 5 days after arrival of goods and CIQ/SGS inspection at discharge.
Other countries: Irrevocable, Transferable L/C, 100% at sight |
Delivery Term:
|
CIF, INCOTERMS 2010 or Latest
|
Lead Time:
|
Within 10-15 days upon bank instruments
|
Performance Bond:
|
2% PB only for the 1st shipment as trial.
|
Contract Period:
|
Spot or 12 months with rolls and
extensions
|
Yard Visit:
|
Allowed upon ICPO and SPA
|
PROCEDURES: NON-NEGOTIABLE
1.
Buyer sends ICPO, NCNDA/IMFPA, and Passport Copy to
Seller. LOI is not needed.
2.
Seller sends Contract draft to Buyer.
3.
Buyer signs and returns the Contract to Seller
within 2 working days with amendment (if any). Both parties lodge the Contract to their respective banks.
4. Buyer issues Irrevocable, Operative, Transferable, Confirmed L/C to Seller's bank within four (4) days after Buyer receives the final Contract.
5. Seller sends "Invitation Letter" to Buyer and Transporting starts when Buyer comes to the loading port.
6.
Buyer attends inspection at loading port.
