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Dear Sir,
We can offer the following for your consideration :
Commodity: Soya Beans Grade 2 GMO Free
Origin: Brazil
Quantity: 150.000 Metric Ton in Total +/- 10%.
Target Price: USD 275 per MT FOB Brasil.
USD 330 per MT CIF China
Guarantee: 2% Performance Bond by Seller
Specifications:
Test Weight (Lbs/Bu) 54 Min
Protein Min 35,0%
Moisture Content Max 12,0%
Splits Max 20,0%
Foreign Matters Max 2,0%
Soybean of Other Colour Max 2,0%
Heat Damaged Kernels Max 0,5%
Total Damaged Kernels Max 3,0%
Oil Content Basis Min 18,0%
Fat Max 6,0%
Feber Max 7,0%
Ash Max 7,0%
Sand Max 1,5%
Croop 2003/2004
Packing: Bulk.
Delivery Schedule: According to the Buyer s Schedule.
Inspection: Quality, Quantity, Weight by SGS or Equivalent at Seller s cost and Stablished at Port of
Loading.
Payment Terms: By Irrevoclabe, Unconditional, Confirmed ,Transferable Documentary Letter of Credit for
Total Amount of Contract Value(FFDL/C), issued by top World Bank and collectable by Seller for shipment
upon presentation of proper Documents (ICC 500).
Documents: Such as Bill of Lading, Inspections, Origin, Packing, Invoice, Phyto, Radiation.
Procedures:
1. Buyer issues LOI with full banking information and authorization for Soft Probe along with BCL Bank
Comfort Letter;
2. Seller issues FCO Full Corporate Offer with all conditions to be signed by the Buyer;
3. Buyer signs the FCO Full Corporate Offer in token of acceptance and fax or e-mail back to the Seller;
4. Seller issues Draft Contract to Buyer with full bank coordinates;
5. Buyer fills in all blank fields on the Draft Contract and sends it back to Seller by fax or e-mail, signed and
sealed, in token of acceptance. Any change can be made in hand writting and will be considered for the
Official Contract;
6. Buyer's Bank issues POF Proof of Funds to Seller's Bank. In response Seller's Bank issues POP Proof of
Product to Buyer's Bank (This is a Bank to Bank communication);
7. Seller issues Official Contract in 3 copies and sends by courier to the Buyer;
8. Buyer signs Official Contract and sends it back by courier to Seller;
9. Buyer opens Irrevocable, Non Operative Pre Advise FFDLC Fully Founded Documentary LC, for the
Total Value of the Contract;
10. Seller posts 02% of the LC Value as Performance Bond, activating the FFDLC;
11. Delivery commences as per Contract.
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