Non - GMO Cottonseed

TONNAGE: 5,000 metric tons +/- 5 percent in Seller’s option.Final at place of stuffing containers as per weight certificate issued by Baltic Control Benin SA at Seller’s expense. (Please advice quantity) We have supply capacity of 25,000 MT

QUALITY:

Moisture: 10pct Maximum

Protein: 18pct Minimum

OilContent: 18pct Minimum

AflatoxinTotal: 10 ppb maximum

FFA: 5% Max.

Admixture/Foreign Matter: 2% Maximum

GMO Status: Negative (Less than 0.1%)

Goods shall be merchantable, free from hazardous seeds and weeds, free from live insects, free from foreign smell / odors.

PORT OF DESTINATION: Advise

SHIPMENT PERIOD: The Commodity to be shipped by COSCO Shipping Line/Best Line between April - July 2020 in tranches of 2,000 MT per shipment.

Transit Time: Advise destination

Packaging: 23.5 MT bulk in 40' containers (+ or - 5%) ; including moisture control device - dry bags and kraft paper.

PAYMENT: 1.By 100% irrevocable documentary covered at sight L/C in USD in favor of seller to be opened by a prime bank that is acceptable to Seller in fully operative form. (2) A Bank Guarantee on Terms and conditions acceptable to our bank.

SHIPPING DOCUMENTS FOR PAYMENT:

1) Commercial invoice in 1 original and 3 copies, indicating unit price, the shipped goods value

2) Full set of shipped on board Bill of Lading (including 3 originals and 3 non-negotiable copies), marked “Freight Prepaid”, made out to order.

3) Certificate of Quality issued by Baltic Control in 1 original and 3 copies.

4) Certificate of weight issued by Baltic Control in 1 original and 3 copies.

5) Certificate of Origin issued by the appropriate government agency in Benin in 1 original and 3 copies.

6) Phytosanitary Certificate issued by appropriate government agency in Benin Republic in 1 original and 3 copies.

7) Fumigation Certificate issued by appropriate government agency in Benin Republic in 1 original and 3 copies.

OTHER TERMS:

Documents to be presented within 21 after shipment but within the expiry date of the LC

All export duties and/or taxes from origin present or future to be for seller’s account. All import licenses, duties and/or taxes at destination present or future to be for buyer's account and for buyer’s responsibility. Vessel’s agent at port of discharge to be nominated by shipping line.-21 free days for demurrage/detention time

Transshipment to be allowed.

Documentary instructions to be provided within max 5 days upon signing the contract. Period for presentation of documentary instructions being an integral part of the contract.

Seller will send all draft documents to the Buyers for confirmation; Buyer's confirmation/correction to be done within 2 working days, otherwise the Sellers will issue documents basis original documentary instructions.

Discharge terminal handling charges for Buyer’s account and responsibility. Buyers have the right to attend the stuffing and loading of containers.

INSURANCE: Covered by Buyers at their own risk and costs, from the moment the goods pass the ship’s rail at loading until completion of discharge.