2021 Oct – Soft Offer – Yellow Corn #2 GMO – Limited

NEW 2021 Soft Offer – Yellow Corn #2 GMO Monthly delivery Up to 100,000 Mt p/month – Origin Brazil – CIF Basis – Main Central ports/China – Limited offer

 

 

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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.

 

 

 

 

Commodity:

 

Yellow Corn GMO export quality

 

Quantity:

 

Quantity: 1,200,000 MT

Origin:

Brazil

Contract duration:

12 months Contract.

 

Delivery:

100,000 MT in Monthly BASIS / CIF.

Packaging:

Bulk

Specification:

See ANNEX 1, Product Specification

 

Price:

CIF Price – US$ 266 Pmt

With SBLC discount of US$ 10 Pmt

 

Payments terms:

Payment terms

1.    

2.   1.- LC or DLC LETTER OF CREDIT:

100% letter of credit LC OR DLC (our model) – Transferable, divisible, irrevocable, unconditional, confirmed. Payment must be made in MT 103 swift cash upon presentation of the shipping documents for each shipment, against documents, after receiving the shipping certificates and copy of the B / L

 

2.- SBLC / MT 760 as warranty for twelve months and one day (operative financed for 1 month) and MT 103 each shipment against documents

 

All Certificates, documents or POPs will be delivered upon receipt of banking instrument under conditions of present SCO via Swift Bank to Bank.

 

 

Delivery terms:

CIF (Incoterms 2010),

First Shipments start earliest 30/45 days after Payment instrument has been approved..

 

 

 

 

 

Inspection:

By SGS at Seller’s expense

 

 

 

 

 

 

 

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

 

Yellow Corn GMO Graded # 2 – shall conform with the following specifications and/or international standard specifications, fit for human consumption.

 

 

Moisture: 14.50% max.

Protein: 8% min.

Fat: 3.5% min.

Fiber: 2.7% min.

 

Total ash: 1.5 max.

Calcium: 0.03% min.

Phosphorus: 0.29% min.

Test Weight: 60kg/hl min.

Foreign Materials: 1.5% max.

Broken Kernels: 3% max.

Damaged Kernals: 5% max.

 

TDN (Total Digestible Nutrients): 80%.

NEL (Net Energy Lactation): 1.960 Mcal/kg.

NEG (Net Energy Gain): 1.730 Mcal/kg min.

TVN: 50mg / 100 max.

Aflatoxin: 20 PPB max.

E.Coli Count: Negative.

Samonella: Negative.

Mold Colony: 5 x 100,000 cpn/gr max

Total Count: 5 x 100,000 max.

 

 

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