NEW 2018 Yellow Corn # 2 GMO – Animal Feed – Origin Brazil – CIF ASWP
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SCO – Yellow Corn # 2 GMO
Brazil
We have the pleasure to inform you that our group have negotiated this excellent option related to Yellow Corn # 2 from Brazil.Final terms will be agreed between Buyer & Seller.
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Commodity: |
Brazilian Yellow Corn GMO, export quality |
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Quantity: |
Up to 600,000 metric tons, Yearly Basis |
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Origin: |
Brazil |
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Contract duration: |
The duration of 12 months Contract.
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Delivery: |
12 monthly deliveries of 50,000 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 – US$ 189 Pmt |
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Payments terms: |
LC or DLC – Irrevocable, 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
0. Seller issues SCO Soft Corporate offer 1. Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe. 2. Seller issues Draft Contract. 3. Buyer signs the Draft Contract and sends it back to the Seller. 4. Seller issues the final Contract to the Buyer. 5. Buyer’s bank issues and sends by swift the non-operative L/C 100% at sight to the Seller’s bank within 48 hours. 6. Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative. 7. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product. ANNEX 1 Product Specification for Brazilian Yellow Corn GMO
SPECIFICATIONS:
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