NEW 2017 Yellow Corn # 2 GMO & NON GMO – Human Consumption – Origin Brazil – CIF ASWP
_______________________________________________________________________
SCO – Yellow Corn # 2 GMO & NON GMO
Brazil
We have the pleasure to inform you that our group have negotiated this excellent option related to Yellow Corn # 2 Human Consumption 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.
|
Commodity: |
Brazilian Yellow Corn GMO & NON GMO, group 2, export quality |
|||
|
Quantity: |
Up to 600,000 metric tons |
|||
|
Origin: |
Brazil |
|||
|
Contract duration: |
The duration of 12 months renewable & extendable. |
|||
|
Delivery: |
12 monthly deliveries of 12,500 Mt UP to 200,000 Mt. |
|||
|
Packaging: |
60 Kg Bags |
|||
|
|
|
|
||
|
Price: |
CIF Price – According to ANNEX 1 |
|
||
|
Payments terms: |
SBLC or LC or DLC – Irrevocable NON transferable or Transferable issued by TOP World Bank and paid 100% at Sight
|
|
||
|
Delivery terms: |
CIF (Incoterms 2010), First Shipments start earliest 30/45 days after Payment instrument has been approved..
|
|
||
|
|
|
|
||
|
Inspection: |
By SGS at Seller’s expense |
|
||
|
|
|
|
||
|
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.
|
|
|||
ANNEX 1
Product Specification for Brazilian Yellow Corn GMO & NON GMO
NON GMO
|
QUANTITY (MT) |
SPOT |
CONTRACT /SBLC |
CONTRAC / DLC / LC |
|
12.500 |
$270 |
$260 |
$265 |
|
25.000 |
$265 |
$255 |
$260 |
|
50.000 |
$260 |
$250 |
$255 |
GMO
|
QUANTITY (MT) |
SPOT |
CONTRACT /SBLC |
CONTRAC / DLC / LC |
|
12.500 |
$235 |
$225 |
$230 |
|
25.000 |
$230 |
$220 |
$225 |
|
50.000 |
$225 |
$215 |
$220 |
_____________________________________________