NEW 2019 Soft Offer – Soybean # 2 GMO – Monthly delivery 500,000 Mt per Month – Origin Brazil – CIF China.
SCO – Soybean # 2 GMO
Brazil
We have the pleasure to inform you that our group has negotiated this excellent option related to Soybean # 2 from Brazil..
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PRODUCT |
SOYBEAN # 2 |
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Product Type |
GMO Grade #2 |
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Product Origin |
Brazil |
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Quality |
Soybean GMO |
|
Specifications |
attached |
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Total Order Qty. |
6.000.000 MT |
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Monthly Order Qty. |
500.000 MT |
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Contract Period |
12 Months |
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Delivery |
500.000 MT per month |
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Destination Port |
ASWP in China |
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Packing |
Bulk |
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Performance Bond |
2% issued by Seller |
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Insurance |
110% Insurance. Paid by Seller |
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Inspection |
SGS or equivalent. For Quantity & Quality |
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Payment Terms |
DLC. Revolving, Confirmed, Irrevocable, Transferable. Payable against shipping documents at sight via MT 103. Issued by a top 25 bank. |
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Price/Ship Term |
CIF -ASWP in China |
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PRICE |
US$ 335 per MT – GMO CIF |
SCHEDULE OF DELIVERY:
Shipments and delivery shall begin 25-30 days of receipt and confirmation of an operative financial instrument acceptable to the seller, and issued within the stated time.
Start date will be determined by date of receipt and confirmation of bank payment by buyer to seller. The schedule of deliveries will be informed from the seller to the buyer, after the signature of contract.
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SPECIFICATIONS – SOYBEAN GMO |
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Product Type |
GMO Soybeans Grade #2 |
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Product Origin |
Brazil |
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Protein |
Min. 34% |
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Moisture |
Max. 13.5% |
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Oil Content |
Min. 18% |
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Splits |
Max. 20% |
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Weight Test |
54 Pounds / min / bushel |
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Shells & Husks |
No Shells, No Husks |
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Kernels Damaged Total |
Max. 3% |
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Foreign Matter |
Max. 2% |
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Heat-damaged |
Max. 0.5% |
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Others/Note |
Crops be clean and free from any strange matter |
SALES PROCEDURE
1) Buyer issue ICPO & POF (BCL)
2) Seller issues FCO & Draft SPA Contract to the Buyer.
3) Buyer sign the SPA contract and returns to Seller.
4) Seller sign and return the SPA contract along with Invoice for first shipment
5) Buyer issues Payment guarantee instrument DLC (IRDLC, Revolving, Confirmed, Irrevocable, one month shipment value, 12 months valid)
6) Upon receiving the DLC, Seller issue 2% Performance Bond to Buyer.
7) Seller start preparation of stocks and ship the goods.
8) Buyer release the Payment for each shipment through MT103 at sight (loading port) against shipping documents.
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