Soybeans

Product Details

SOYBEANS GRADE #2

• Quality: Standard Export Quality
• Grade: #2
• Oil content basis 18.5% (AOCS Ac 3 – 44) with non-reciprocal allowance of 1% for each 1%, fractions in proportion, in Buyer's favor for any deficiency
• Moisture maximum 14%
• Foreign matter basis 1% maximum 2% with non-reciprocal allowance of 1% for each 1%, fractions in proportion
• Damaged beans basis 8%, maximum 8.5% with non-reciprocal allowance 2:1, fractions in proportion, of which maximum 4% heat damaged and burned (being maximum 1% burned) and 6% mouldy
• Broken beans maximum 3%
• Greenish beans maximum 8%
• Free from poisonous seeds / husks but tolerance 1 particle of treated vegetable seeds with unknown level of toxicity for each 1 kg sample at each lot of 5,000 metric tons loaded and max 0.005% castorseed and/or castorseed husks.

Origin
Brazil

Shipment
Bulk vessels

Prices
CIF ASWP

Payment:

For annual contract:

• Buyer-Bank shall issue a transferrable Bank-Guarantee / SBLC / LC, covering a one month’ quantity and being valid till end of contract + 1 month.
• Each invoice shall be paid by an irrevocable, transferrable letter of credit, covering a monthly quantity or by MT 103 against documents as per contract.
• Credit available by negotiation of documents at Seller's Bank-Counter.
• Letter of Credit shall be opened by Prime Bank acceptable to Seller / Seller-Bank.

For spot lots:

• By irrevocable transferable letter of credit, payable 100% at sight covering total quantity contracted.

Performance bond:
Where applicable.