NEW 2018 Soft Offer - Soybean # 2 GMO - Nov 2018
NEW 2018 Soft Offer - Soybean # 2 GMO - Nov 2018
NEW 2018 Soft Offer - Soybean # 2 GMO - Monthly delivery UP to 100,000 Mt per Month - Origin Brazil - CIF China.
We have the pleasure to inform you that our group has negotiated this excellent option related to Soybean # 2 from Brazil..
PRODUCT SOYBEAN – GMO
Product Type GMO Soybeans Grade #2
Product Origin Brazil
Quality Soybean GMO - Human Consumption
Specifications attached
Total Order Qty. 1.200.000 MT
Monthly Order Qty. 100.000 MT
Contract Period 12 Months
Delivery 100.000 MT per month
Destination Port ASWP in China
Packing Bulk
Performance Bond 2% issued by Seller
Insurance 110% Insurance. Paid by Seller
Inspection SGS or equivalent. For Quantity & Quality
Payment Terms DLC. Revolving, Confirmed, Irrevocable, transferable. Payable against
shipping documents at sight via MT 103. Issued by a top 25 bank.
Price/Ship Term CIF -ASWP in China
PRICE US$ 30 per MT, CIF
SCHEDULE OF DELIVERY:
Shipments and delivery shall begin 25-30 days of receipt and confirmation of an operative financial instrument acceptable to the seller, and issued within the stated time.
Start date will be determined by date of receipt and confirmation of bank payment by buyer to seller. The schedule of deliveries will be informed from the seller to the buyer, after the signature of contract.
MONTH Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Delivey (MT) 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000
SPECIFICATIONS - SOYBEAN NON GMO
Product Type GMO Soybeans Grade #2
Product Origin Brazil
Protein Min. 34%
Moisture Max. 13.5%
Oil Content Min. 18%
Splits Max. 20%
Weight Test 54 Pounds / min / bushel
Shells & Husks No Shells, No Husks
Kernels Damaged Total Max. 3%
Foreign Matter Max. 2%
Heat-damaged Max. 0.5%
Others/Note Crops be clean and free from any strange matter
SALES PROCEDURE
1) Buyer issue ICPO & POF (BCL)
2) Seller issues FCO & Draft SPA Contract to the Buyer.
3) Buyer sign the SPA contract and returns to Seller.
4) Seller sign and return the SPA contract along with Invoice for first shipment
5) Buyer issues Payment guarantee instrument DLC (IRDLC, Revolving, Confirmed, Irrevocable, one month shipment value, 12 months valid)
6) Upon receiving the DLC, Seller issue 2% Performance Bond to Buyer.
7) Seller start preparation of stocks and ship the goods.
8) Buyer release the Payment for each shipment through MT103 at sight (loading port) against shipping documents.
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