NEW 2021 July Soft Offer – Soybean # 2 NGMO – UP to 100,000 Mt in monthly basis – Origin Argentine – CIF basis
SCO – Soybean # 2 NGMO
Argentine
We have the pleasure to inform you that our group has negotiated this excellent option related to Soybean # 2 NON GMO
|
Commodity |
Soybeans Non GMO Grade 2 |
|
Purity |
Damaged Grains 5% Broken Grains 20% Foreign Matters 1% Humidity 13.5% Protein 38% |
|
Origin |
Argentina |
|
Shape |
In Bulk |
|
Quantity |
100,000.00 MT for 12 months |
|
Contract |
By 1,200,000.00 MT distributed in 12 months |
|
Terms |
CIF – Any China Port |
|
Inspection |
SGS / INTERTEK |
|
Delivery Time |
40 Days after the opening of DLC |
|
Price |
U$D. 460.00/MT – CIF |
|
Price Update |
Performance Bond 2% |
|
Payment Terms |
DLC Transferable, Divisible, Irrevocable, MT103 |
PROCEDURES
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/RWA with full banking coordinates and permission for Soft probe.
- Seller issues Draft Contract.
- Buyer signs the Draft Contract and sends it back to the Seller.
- 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.
- Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
- Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.
__________________________________________________