03 — As available
Surplus reels and sheets, cancelled orders, discontinued runs and accumulated odd sizes. Nothing here can be quoted from a specification, so it is quoted from photographs, weights and an honest description of the condition.
What qualifies
The material is normally sound. What makes it a stock lot is that it no longer fits the order it was made for.
| Source | Typically | What we need to quote |
|---|---|---|
| Mills | Surplus reels, trial runs, grades taken out of production | Reel width and diameter, basis weight, total tonnage |
| Converters | Cancelled orders, overruns, obsolete stock after a spec change | Sheet or roll sizes, quantity, packing |
| Printers | Job leftovers, discontinued house stock, odd sizes accumulated over time | Mixed inventory list with weights |
| Packers & warehouses | Long-held inventory being cleared for space | What it is, how much, how it is stacked |
Material that is outside specification rather than simply surplus belongs under Off Grade. In practice a lot is often both, and we quote it either way.
Process
Most stock lots are settled without anyone travelling. Inspection is arranged where the tonnage or the uncertainty justifies it.
Terms
| Basis | Per lot, priced against the nearest prime equivalent |
|---|---|
| Condition | Described as it actually is — reels, sheets, pallets or loose |
| Volume | One container upward. Mixed and part lots considered. |
| Loading | From the nearest of 14 major North American ports |
| Incoterms | FOB · CIF · CFR |
| Payment | T/T basis. Other terms negotiable. |
Odd sizes, mixed contents and incomplete records do not disqualify a lot. They are the reason it is still sitting in the warehouse, and the reason it needs a trader who will price it rather than a buyer who only reads grade tables.
Other categories
Contact
For stock lots that is usually enough to tell you whether we are interested and roughly where the number lands.
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