Basic Price = [(LME price + Premium) X Multiplication Factor X Exchange Rate ] + Handling Charges
Where :
a) LME Price : Daily LME CSP / Average LME CSP (for the period in case of average bookings)
b) Premium :
| Product | Premium | ||
|---|---|---|---|
| CSP / M / RT | PC / FN / W | ||
| CC Rod 8mm (Std. & N Std.) | 160 | 180 | |
| CC Rods 11 mm & 12.5 mm | 180 | 200 | |
| CC Rods 16 mm | 200 | 220 | |
| CC Rods 19.6 mm | 220 | 240 | |
| Cathode (Full) | 80 | 100 | |
| Cathode Cut | 110 | 130 | |
Where : D=Daily CSP, M=Monthly avg. CSP, W=Weekly Avg. CSP, FN=Fortnightly avg. CSP, RT= Real Time, PC= Price Circular
*Note : Forward option is available only for CSP and not Average bookings
c) Multiplication Factor : 1.040
d) Exchange rate Options :
For Daily CSP Bookings :
SBI TT Selling Rate of Date of CSP (D) OR
FBIL Reference Rate of Date of CSP (D) + Re.0.10 OR
SBI TT Selling Rate of Date next to Date of CSP (D+1) OR
FBIL Reference Rate of Date next to Date of CSP (D+1) + Re. 0.10
Note : Exchange rate of Previous working day in case of SBI/FBIL holiday on date of CSP for CSP (D) option and Next working day in case of SBI/FBIL holiday on date of CSP for CSP (D+1) option.
For Average CSP Bookings :
Average SBI TT Selling Rate of W/FN/M OR
Average FBIL Reference Rate of W/FN/M + Re.0.10
The customer shall select one particular Exchange Rate Option out of the above, at the time of submitting their booking in HCL website.
e) Handling Charges : Rs. 3300 PMT
f) Price Differential :
CC Rod 8mm Non Standard – Rs.400/-PMT lower than CC Rod 8mm
Cathode (Cut)-Ex-ICC – Rs.1500/-PMT higher than Cathode (Full)
Note : GST and such other taxes as may be applicable shall be charged to customers as per rules.