贸行业标准术语）
DRC (Democratic Republic of the Congo) Electrolytic Copper
1. Nature of Product: Physical Spot Commodity
(Note: “Futures” mentioned is industry jargon; this is physical spot trade, not exchange‑traded futures contract)
2. Quantity: Trial shipment 1,000 MT; Monthly quantity 5,000 MT
3. Payment Instrument: Buyer shall issue Non‑Transferable Documentary Letter of Credit (DLC)
4. Price & Commission: Price at LME less 20%. Total commission: 3%.
5. Transaction Procedure: Sign Sales and Purchase Agreement (SPA) → Physical goods inspection in Tanzania → Buyer opens the DLC.