The company is flexible
in its terms of business, offering customers very attractive opportunities
to have silver delivered in exact quantities to meet their production
schedules at “Open”prices.
The “Open” price policy allows customers to fix the
date of delivery well in advance of production schedules but to
defer “settling” on a price for up to 30 days after
“PMP” deliveries the order thus allowing customers
to obtain very competitive prices.
“PMP” which has direct connections with the most
important silver markets is able to sell silver at very competitive
terms. “PMP” offers a new opportunity for customers
to buy silver on “open” price terms thus providing
them the means to minimise the effect of fluctuating world silver
prices.
This opportunity to buy silver can be good for :
The “speculative customer”, who wants to takes advantages
from fluctuating world silver prices, silver required at a certain
date can be ordered from “PMP” at an “open”
price. The customer can at a later date “fix” the
price with “PMP” but the later date must be no more
than 30 days after placing the order.
For the “non speculative customer”, silver required
a cartain date can be ordered and supplied to suit the customers
production schedules and the price is “fixed” at the
market price of silver on the date the customer intends to sell
his product.
The customer has a maximum of 30 days from placing the order
with “PMP” to fixing the date for selling his products
and therefore the date at which the open market silver price will
be settled.
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