2019 Soft Offer – Soybean # 2 GMO – UP to 200,000 Mt per month – Origin Brazil – US$ 345 Pmt – CIF China.
SCO – Soybean # 2 GMO
Brazil
To: Buyer group:
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 |
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Specifications |
attached |
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Total Order Qty. |
UP to 2.400.000 MT |
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Monthly Order Qty. |
200.000 Mt |
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Contract Period |
12 Months |
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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 |
Non-operative, Auto-revolving, Confirmed, Irrevocable, Transferable preferable, DL/C (documentary letter of credit) payable 100% at sight against documents (issued and confirmed by a Top 25/50 bank)
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Price/Ship Term |
CIF – ASWP in China |
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PRICE |
US$ 345 per MT
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When accepting our offer, please send us an ICPO with proof of funds (RWA or BCL) and Import License. Then we will send the Contract.
The DLC should be issued by a top 50 World bank.
Note: Expires in 3 business days
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.
SPECIFICATION:
PRODUCTS: SOYBEANS GMO GRADE #2
Standard Export Quality
❖ Moisture: Content:14%Max.
❖ Organoleptic: Clean &Bright Appearance Natural Odor
❖ Heat Damaged Beans: 0.5%Max
❖ Total Damaged Beans: 3%Max
❖ Protein Percentage: 35+%
❖ Foreign Material: 2%
❖ Split Beans: 20%Max
❖ Other Color Beans: 2%Max
❖ LiveInsects: None
SALES PROCEDURE
0. Seller issues SCO Soft Corporate offer signed & sealed
1. Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe. RWA/ proof of funds must be sent bank to bank only, no paper documents will be accepted. ONLY bank to bank communication.
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, auto-revolving, confirmed, irrevocable DL/C (documentary letter of credit) payable 100% at sight against documents (issued and conformed by a Top 25/50 Bank 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.
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