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2019 Soft Offer - Soybean # 2 GMO - UP to 200,000 Mt per month

PortSantos
PackagingBulk

Product Details

2019 Soft Offer - Soybean # 2 GMO - UP to 200,000 Mt per month - Origin Brazil - US$ 335 Pmt - CIF China.

SCO - Soybean # 2 GMO

Brazil

We have the pleasure to inform you that our group has negotiated this excellent option related to Soybean # 2 from Brazil..

PRODUCT

SOYBEAN # 2

Product Type

GMO Grade #2

Product Origin

Brazil

Quality

Soybean GMO

Specifications

attached

Total Order Qty.

UP to 2.400.000 MT

Monthly Order Qty.

200.000 Mt

Contract Period

12 Months

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

100% DLC (MT700) at sight, confirmed, irrevocable, auto-revolving, Transferable, payable against documents via MT103 issued by TOP 50 Bank.

Price/Ship Term

CIF - ASWP in China

PRICE

US$ 335 per MT

When accepting our offer, please send us an ICPO with proof of funds (RWA or BCL) and Import License. Then we will send the Contract.

The DLC should be issued by a top 50 World bank.

Note: Expires in 3 business days

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.

SPECIFICATION:

PRODUCTS: SOYA BEANS GMO GRADE #2

Standard Export Quality

Type: Fit for Human Consumption

Moisture: 13,5% Maximum

Max Splits: 20%

Protein: 35% basis, 34% minimum

Max Color: 2%

Oil Content 18,5% basis, 18,0% minimum

Husks: No Husks

Test Weight: 54 Pounds/Min/Bushel

Total Damaged Kernels: 3% Max

Foreign Matter: 2% Max

Radiation: Normal Crop 2012/2013/2014/current

Heat damaged Kernels: 0,50 % maximum

No Rock, Gravel, Sand, larger pieces of Wood or any particles that are harmful to Human consumption

SALES PROCEDURE

1) Buyer issue ICPO & POF

2) Seller issues 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.

_________________________________________________

CORPORATE ITC

Algarrobo - Carretera F-90 - Km 25

Chile

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