NEW 2021 Soft Offer – Soybean # 2 GMO – 900,000 Mt in SPOT Basis – Origin Brazil – FOB Paranagua.
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 |
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Specifications |
attached |
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Total Order Qty. |
900,000 MT 5 to 6 Vessels for ALL Quantity |
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Monthly Order Qty. |
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Contract Period |
SPOT |
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Delivery |
900.000 MT |
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Loading Port |
Paranagua – Brazil |
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Packing |
Bulk |
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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 |
100% DLC (MT700) at sight, confirmed, irrevocable, transferable or Non Transferable, payable against documents via MT103 issued by TOP 50 Bank.
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PRICE |
US$ 430 per MT |
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 issues ICPO & POF
2) Seller issues FCO & Draft SPA Contract to the Buyer.
3) Buyer signs the SPA contract and returns to Seller.
4) Seller signs and returns the SPA contract along with Invoice for first shipment
5) Buyer issues Payment guarantee instrument, 100% DLC (MT700) at sight, confirmed, irrevocable, Transferable or Non Transferable, payable against documents via MT103 issued by TOP 50 Bank.
6) Seller starts preparation of stocks and ship the goods.
7) Buyer releases the Payment for each shipment through MT103 at sight (loading port) against shipping documents.
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