We have the pleasure to inform you that our
group have negotiated this excellent option related
toSoybean
# 2GMO
from Brazil.
CORPORATE SOFT
OFFER Soybean
#2 - GMO
To: End Buyer
Seller group, hereby declares and confirms
that is ready, willing and able to sell the commodity as per
specifications and in the quantity and price as specified in the
terms and conditions as hereinafter set forth. This representation
is made with full corporate authority and responsibility of the
above.
PORT. FIRST DELIVERY IN THE TERM
OF: *0/*5 days to reach DELIVERY PORT (First
delivery can take up to *0 days, but normally no longer than *5)
SUBJECT TO AVAILABLITY OF SHIP FOR EARLY SHIPMENT TO THE PORT OF
DELIVERY. PRICE: US$/TON.
TOTAL CONTRACT
VALUE:
US$*9.**0.**0,*0 VALUE OF EACH
SHIPMENT FOR **0.**0TON/MONTH.
CONTRACTS:
Payment via NON Transferable or Transferable, confirmed ARDLC or
ARSBLC (revolving on a monthly basis) issued or confirmed by a top
*5 WEB, payable **0% at sight, at the Sellers bank against
presentation of contract/shipment documents as per
contract.
PERFORMANCE
BOND: FOR CONTRACTS: AFTER RECEIPT OF BUYERS
OPERATIVE FINANCIAL INSTRUMENT, THE SELLERS BANK SHALL POST AN
OPERATIVE PERFORMANCE BOND FOR THE VALUE OF: 2% per
TON module increments.
SHIPMENT INSPE
CTION: The quantity and quality of goods will
be confirmed by SGS and CIQ(normal practice on any edible goods
being shipped to ASWP). At the loading port at Sellers cost, by a
certificate issued by the independent international survey company
SGS/Appointed Assayer AND CIQ AS BY LAW OF THE IMPORTING GOVERNMENT
REGULATIONS.
THE BUYER SHALL, IF DESIRED, AND AT HIS
OWN EXPENSE PROVIDE ADDITIONAL INSPECTION AT PORT OF LOADING TO CONFIRM LOADING. THE
BUYER WILL BE ALLOWED TO SEND AN AGENT TO THE PORT OF LOADING TO SURVEY THE
SOCIETE GENERALE DE SURVEILLANCE (SGS)
CERTIFICATION. ORIGIN: BRAZIL PORT OF LOADING: BRAZIL, SELLER
CHOICE SPECIFICATIONS
Foreign matters: 2%
max
Splits: *0% max
Heat damage: 0.5%
max
Total damage: 3%
max
Protein: Minimum *4
PCT
Oil: *8% min
Fumigation:
included
Fat: Max 2.5%
Moistiure: Max *3.5
%
Fibre: Max 4.5
%
Ureasic activity: 0.*2 to 0.*0
MGNG Min at *0 degrees by EEC Methods
For rest quality intems:
Non
Reciprocal allowances:
1:1
Koh: min *8%
Aflatoxin: Max *0
PPB
Sand/Silica: Max 1.5
%
Free from insects and
moulds
Arsenic compound: minimum 1
ppm
Mercuric compound: not found,
zero
Phosphides: maximium 0.*5
PPM
Cyanids: maximum 5
PPM
Malathion: maximum 3 PPM parts per
million
Ethylens Debromide EDB: less than
*0 PPB
INCOTERMS:
CIF INCOTERMS ***0
PROCEDURES:
1.SELLER
REPRESENTATIVE SENDS THIS SOFT OFFER 2.BUYER
ISSUES ICPOFOLLOWING THE PROVIDED TEMPLATE WITH
FULL BANK DETAILS AND WITH SOFT PROBE AUTHORIZATION,
ICCWARNING LETTER, COMPANY PROFILE AND NCNDA FROM
BUYER. 3.SELLER
ISSUES FCO/DRAFT CONTRACT IN FAVOUR OF THE BUYER, WHICH INCLUDES
PENALTY CLAUSE OF USD $*0,**0 FOR FAILING TO OPEN THE PAYMENT
INSTRUMENT WITHIN *5 BANKING DAYS AFTER CONTRACT
SIGNATURE. 4.BUYER
SIGNS AND SENDS BACK THE CONTRACT DRAFT TO THE SELLER WITHIN *8
HOURS 5.SELLER
SENDS BACK SIGNED CONTRACT ELECTRONICALLY. 6.SELLER
AND BUYER EXCHANGE *3 HARD COPIES SIMULTANEOUSLY BY COURIER AND
COPIES ARE DULY SIGNED & SEALED. 7.THE
BUYER\'S BANK SENDS TO THE SELLER\'S BANK VA SWIFT TRANSMISSION
THEIR READINESS TO ISSUE THE BANK INSTRUMENT
(POF). 8.UPON
RECEIPT, THE SELLER\'S BANK SENDS TO THE BUYER\'S BANK VA SWIFT
TRANSMISSION, THEIR READINESS TO SEND THE PERFORMANCE
BOND, COMMITMENT TO SUPPLY THE PRODUCT ALONG
WITH ALLOCATION NUMBER AS PER CONTRACT SHIPPING SCHEDULE
(POP). 9.WITHIN
*0 (TEN) BANKING DAYS OF SUCCESSFULL EXCHANGING OF THE POP AGAINST
THE POF, THE BUYER WILL ISSUE THE NON OPERATIVE BANK INSTRUMENT IN
FAVOUR OF THE SELLER. *0.WITHIN
*0 (TEN) BANKING DAYS OF RECEIPT OF THE NON-OPERATIVE BANK
INSTRUMENT THE SELLER WILL POST THE OPERATIVE PERFORMANCE BOND IN
FAVOUR OF THE BUYER WHICH WILL ACTIVATE THE NON-OPERATIVE BANK
INSTRUMENT.
*The Buyer is not required to open the
payment instrument before Sellers POP via
bank.
*First delivery can take up to *0 days,
but normally no longer than *5.
THIS SOFT OFFER IS VALID FOR *0 (TEN) DAYS
BANKS
Best
Regards,
Luis O.
Benavente CORPORATE ITC Phone:
**6 9 *******2
