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| Port | Santos |
| Packaging | Bulk |
NEW 2019 Soft Offer - Yellow Corn #2 GMO - Monthly delivery Up to 100,000 Mt p/month - Origin Brazil / South America - CIF ASWP.
Dear Sir:
We have the pleasure to inform you that our group have negotiated this excellent option related to Yellow Corn # 2 GMO from Brazil/South America.
CORPORATE SOFT OFFER
Yellow Corn - # 2 GMO
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PRODUCT: YELLOW MAIZE GMO Packaging: bulk loaded in vessel Volume: 100,000 to be shipped in monthly basis Contract: 1,200,000 Mt over a 12-month period Price: USD 190/MT CIF Terms: 100% DLC (MT700) at sight, Irrevocable, Confirmed, Transferable, Auto-revolving, payable against documents via MT103. Performance Bond: 2% Contractual one shipment value from Seller.
SPECIFICATIONS
Product Specification: - Yellow Corn Grade # 2 GMO Bulk Shipment: Standard Export Quality: Type: Fit for Human Consumption or Animal Feed Protein: min 9% Moisture: 14% max- Heat Damaged Kernels: 0.5% - Total damaged kernels: 3.5% - Admixture: 2.5% - Aflatoxin Total: 20 PPB Husks On Husks Test Weight: 54 Pounds / Min / Bushel MaxRadiation: None
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DOCUMENTS OF SHIPMENT FOR:
• Bill of lading
• Certificate of weight, quantity and quality
• Certificate of origin
• Free radiation certificate
• Phytosanitary certificate
• SGS certificate
• Commercial Invoice
• Packing list
• Insurance certificate
PROCEDURES:
0. Seller issues SCO Soft Corporate offer
1. Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe.
2. Seller issues Draft Contract.
3. Buyer signs the Draft Contract and sends it back to the Seller.
4. Seller issues the final Contract to the Buyer.
5. Buyer's bank issues and sends by swift the non-operative L/C 100% at sight to the Seller's bank within 48 hours.
6. Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
7. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
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