SCO – WOOD CHIP FOR PAPER PULP
Vietnam
We have the pleasure to inform you that our group has negotiated this excellent option related to Wood Chip from Vietnam-
SCO
COMMODITY: Acacia Wood chips (PAPER)
SHIPPING TERMS: Nghi Son – Quy Nhon Port in Viet Nam
ORIGIN: Viet Nam
MONTHLY QUANTITY: 40,000 BDMT /one month # 480.000 MDMT/12 month
Loading port: Nghi Son, Quy Nhon Port in Viet Nam
PACKING: By bulk vessel (20.000 BDMT/shipment)
TARGET PRICE: Market price FOB USD 170 / BDMT
DELIVERY TIME: First trip :25 days after LC opening, Partial shipment is allowed
PAYMENT TERMS: 100% LC at sight , Irrevocable ,Transferable or NOT Transferable.
DOCUMENT : CO, Packing list, 2 SGS report: Quantity/Weight and Moisture, Commercial
invoice, Bill of loading on board, Phytosanitation, Fumigation,
SPECIFICATIONS:
Moisture % : 45% – 55%
Rot & Bark: 1 % max
Fines <4.8mm: 3% max
Pins 4.8mm- 9.5mm: 10%max
Pins 9.5mm- 38.1 mm: 80%max
Over size > 38.1mm: 6% max
Thickness above 8.0 mm: 9% max
Foreign objects and others: No
Contract Duration: 1 year to 3 years
Performance Bond : 2% of one Shipment
PROCEDURES
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/ICPO.
- 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.
____________________________________________________