Mass Adjustments

Mass adjustments are standard for metal concentrates. Standard conditions for concentrates contracts specify that the final weight of a shipment is to be determined at the discharge port. Under certain conditions (for example, where the facilities at the discharge port do not give confidence in the result of the weighing process), it is negotiated that the final weight is to be measured at the loading port. To compensate the buyer for this change in standard conditions, a weight allowance can be included. The weight allowance can apply to specific destinations or to the whole contract.

A mass adjustment is a contract charge configured in a set of contract terms. The mass adjustment can be entered as a fixed, calculated or tiered value. The configuration of the resulting value includes settings for rounding of decimal places, minimum and maximum values, and how the mass adjustment is applied.