COMMODITY: Soybean (NON-GMO) ORIGIN: BRAZIL
SPECIFICATIONS:
Export Quality: Non-GMO
Standard Type : Fit for Human consumption
Moisture : 13.5 / 14% Max
Protein : 38% Minimum
Oil Content : 18% Minimum
Fat : 2.5% maximum
Fibre : 4.5% Maximum 8
Test Weight : 54 Pounds Minimum
Total Damage : 5% Maximum
Foreign Matter : 1% Maximum
Radiation : Normal
Heat Damage Soybean : 5% maximum
Other Color kernel : 2%
Others : No Rock, Gravel, Sand, Large pieces of
wood or any particles that are harmful for human
PACKING: Jumbo bags
QUANTITY: 50,000 MT Every Month
DESTINATION PORT: CIF Shenzhen or Guangzhou,
China CONTRACT LENGTH: 12 months
Targeted CIF Price: $530 ($20 for intermediate)
Please note, we reserve the right to change the
banking details at our discetion.
INSPECTION: Quality, Quantity, Weight, & Photo by
SGS or Equivalent at seller's cost at port of loading.
PAYMENT INSTRUMENT OFFERED: 100% DLC
irrevocable, transferable payable at sight for one
shipment, auto revolving as contract guaranty. Each
shipment will be paid by SWIFT MT103 against
shipping documents.
Procedure
Both Buyer and intermediates sign Ncnda (SELLER SIGNS AFTER LC CONFIRMATION BY SELLER'S BANK, INTERMEDIARIES AND BUYER CAN SIGN UP)
Buyer issues and sends LOI
Seller sends FCO with GACC, proof of dealing with China previously and a previous SGS report (from a previous export to China) (SELLER WILL MENTION IN SPA THAT GACC AQSIQ WILL BE PROVIDED UPON LC CONFIRMATION BY SELLER'S BANK)
Buyer Issues ICPO ALONG WITH POF
Seller shows POP AFTER POF
Both parties sign the CONTRACT
EXECUTION of transaction and sale
