NEW 2017 Rice Type 1– UP to 100,000 Mt per Month – Origin Brazil – CIF ASWP
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SCO – Rice Type 1
Brazil
We have the pleasure to inform you that our group have negotiated this excellent option related to Rice Type 1 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 100,000 Mt monthly.
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Commodity: |
Brazilian Rice Type 1 |
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Quantity: |
Up to 1,200,000 (One million two hundred thousands) metric tons |
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Origin: |
Brazil |
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Contract duration: |
The duration of 12 monthly deliveries of 100,000 (One hundred thousand) metric tons. |
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Delivery: |
12 monthly deliveries of UP to 100,000 (One hundred thousand) metric tons. |
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Packaging: |
60 Kg Bags |
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Price: |
CIF Price – According to ANNEX 1 |
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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
Price for Brazilian Rice Type 1
QUANTITY (MT) SPOT CONTRACT /SBLC CONTRACT / DLC / LC
12.500 $590 $580 $585
25.000 $585 $575 $580
50.000 $580 $570 $575
75.000 $575 $565 $570
100.000 $570 $560 $565
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