NEW 2021 Soft Offer – Yellow Corn #2 GMO – Monthly delivery Up to 75,000 Mt p/month – Origin Brazil – CIF Basis.
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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.
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Commodity: |
Brazilian Yellow Corn GMO, export quality |
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Quantity: |
Quantity: 900,000 MT |
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Origin: |
Brazil |
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Contract duration: |
12 months Contract.
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Delivery: |
75,000 MT in Monthly BASIS / CIF. |
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Packaging: |
Bulk |
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Specification: |
See ANNEX 1, Product Specification |
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Price: |
CIF Price – US$ 235 Pmt |
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Payments terms: |
ARDLC – 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
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 Specifications
Origin: Brazil Quality: Standard Export Quality Type: Yellow Corn Grade: #2 GMO Moisture: 13,5% Max Foreign Matter: 1,5% Max Broken Kernels: 3% Max Aflotoxin not exceeds: 20 PPB Max Protein: 9% Min Size: 7,2 – 14,3 mm. (width) Damaged kernels max 5% of which max 1% heat damaged and/or germinating. Goods free from alive insects. Free from poisonous seeds / husks but tolerance maximum 0.10% castorseed and/or castorseed husks. To be final at time and place of shipment per certificate/s issued by Independent Surveyor, member of Brazilian Association of Surveying Companies, ASCB (Associação das Supervisoras e Controladoras do Brasil) cost being for Seller’s account. Other quality/condition in accordance with Brazilian Legislation ruling at time and place of shipment.
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