This record captures a high-value import of 800 metric tons of LME registered Grade-A copper cathodes from Zambia into Shanghai, China. The transaction was executed against a spot framework agreement with pricing linked to LME cash settlement plus a regional premium. Delivery was completed through bonded warehouse warrants, reducing VAT burden and logistics complexity.
Financial and Logistic Highlights
- Quantity: 800 MT (+/- 2%)
- Pricing: LME cash + USD 110 premium
- Payment: irrevocable at-sight L/C by ICBC
- Warehouse: Shanghai bonded zone
Alex Stewart International performed weight and quality verification at the warehouse before warrant transfer. This transaction exemplifies a clean, warrant-based import model for industrial metals.