NEW 2017 Soybean # 2 GMO & NON GMO – Human Consumption – Up to 200,000 M per Month – Origin Brazil – CIF ASWP
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SCO – Soybean # 2 GMO & NON GMO
Brazil
We have the pleasure to inform you that our group have negotiated this excellent option related to Soybean # 2 from Brazil.Final terms will be agreed between Buyer & Seller.
- Seller is R, W and A to advance in faster terms to Draft Contract after receive & approve ICPO.
- Available order UP to 200,000 Mt monthly.
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Commodity: |
Brazilian Soybean GMO & NON GMO, export quality |
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Quantity: |
Up to 2,400,000 (Two million four hundred thousands) metric tons. |
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Origin: |
Brazil |
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Contract duration: |
The duration of 12 monthly deliveries of 200,000 (Twoe hundred thousand) metric tons plus two months. |
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Delivery: |
12 monthly deliveries of UP to 200,000 metric tons |
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Packaging: |
60 Kg Bags |
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Specification: |
See ANNEX 1, Product Specification |
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Price: |
CIF Price – According to ANNEX 2 & 3 |
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Payments terms: |
SBLC or LC or DLC – Irrevocable NON transferable or Transferable issued by TOP World Bank and paid 100% at Sight
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Delivery terms: |
CIF (Incoterms 2010) First Shipments start earliest 30/45 days after Payment instrument has been approved..
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Inspection: |
By SGS at Seller’s expense |
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Procedures: Contract Procedures
1) Seller sends NCNDA and issues SCO. 2) Buyer issues ICPO 3) Seller issues FCO for Buyer´s review 4) Buyer accepts FCO, confirms by signing and sealing the FCO. Buyer issues RWA or BCL or MT799. 5) Seller provides Draft Contract for evaluation. 6) Buyer and Seller sign Contract. 7) Seller and Buyer’s agents sign IMFPA 8) Buyer has 5 (five) banking days after signing the Contract to issue and confirm the LC Guarantee as outlined in the Contract to send to Seller´s bank via swift MT760 with copy to Seller. 9) Seller issues 2% of Performance Bond 10) Shipments commence as per Contract 11) The Contract commences.
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ANNEX 1
SPECIFICATION SOYBEAN GMO
- Test Weight: 54 Pounds per bushel,
- protein: Min 35%
- Moisture Content: Max. 13,5%
- Foreign Material: Max. 2,0%
- Oil Content: Min. 18,5%
- Splits: 20% max.
- Total Damage: 4%
- Kernels: 3% max.
- Free Fatty Acids: 1% max.
- Discolored Seeds: 2% max.
- Quality: Based on following Specifications
SPECIFICATION SOYBEAN NON GMO for Human Consumption
- Weight for test : 54LB per bu (bu Bushel)
2. Protein content: Protein shall not be less than 35%
3. Moisture content : Moisture less than 13.5%
4. Impurity content : Impurity less than 2%
5. Oil content : Oil content not less than 18.5%
6. Broken Kernels : less than 20% ( international incl Brazil grade 2 )
7. Damaged kernels : Total amount of not more than 3% the heat loss was less
than 0.5%
8. Discolored beans : less than 2%
9. Crop year: product of 2016-2017 crop , grade 2
Chemicals And Insects Poisonous: Phytosanitary Certificate Seed/Husks: Of No Radiation, No Virus, Insect Parts, No Poisonous Matter And Non Genetic And Is Suitable For Human Consumption.
ANNEX 2
Prices for Brazilian Soybean # 2 GMO
QUANTITY (MT) SPOT CONTRACT/SBLC CONTRACT/DLC/LC
12.500 $400 $390 $395
25.000 $395 $385 $390
50.000 $390 $380 $385
75.000 $385 $375 $380
100.000 $380 $370 $375
200.000 $375 $365 $370
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ANNEX 3
Prices for Brazilian Soybean # 2 NON GMO
QUANTITY (MT) SPOT CONTRACT/SBLC CONTRACT/DLC/LC
12.500 $435 $430 $433
25.000 $430 $425 $428
50.000 $425 $420 $423
75.000 $420 $415 $418
100.000 $415 $410 $413
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