SCO - Soybean # 2 GMO Brazil
GMO Soya Beans Grade #2 Commodity: GMO Soya Beans Grade #2 Origin: Brazil Packing: in 50 kg. net weight bags. Shipment: Bulk vessels Inspection: SGS at loading port Insurance: 110% Performance Bond: 2% (for contracts only) Prices: CIF ASWP Payment: SBLC (MT 760): From TOP 50 bank, 100% Fully Cash-Backed, Irrevocable, Confirmed, Divisible, Transferable, Assignable and Unrestricted, Operative at sight at loading port via MT 760 given as guarantee only and valid for 365 + 1 day. For each month delivery, within 3 banking days, buyer pays by MT103/TT against shipping document as per contract. ARDLC (MT 700): From TOP 50 bank, Auto Revolving, Cash-Backed, Irrevocable, Confirmed, Divisible, Transferable and Unrestricted, Operative at sight at loading port via MT 700 given as guarantee only and valid for 12 months. For each month delivery, within 3 banking days, buyer pays by MT103/TT against shipping document as per contract. Specifications GMO Soya Beans Grade #2 suitable for human consumption Quality: Standard Export Quality Type: Soybean for human consumption Grade: #2 GMO Origin: Brazil Oil content basis 18.0% (AOCS Ac 3 – 44) with non-reciprocal allowance of 1% for each 1%, fractions in proportion, in buyer's favor for any deficiency Sensory Normal color and odor Full rate granules 98% Humidity = 13,8% Impurity Pen. 3mm = 0,50% Broken = 5,00% Littering = 2,00% Immature = 0,50% Flamed = 0,50% Moldy = 0,40% Sprouted = 0,00% Greenish = 2,00% Organisms = 0,50% Germination mín = 96,00% Admixture = 0,50% 17 Max Imperfection = 10,42% Size = 6,8 a 9,4 mm Healthy Bits = 1,00% Aflatoxin PPB Max. 5 Free from poisonous seeds / husks but tolerance 1 particle of treated vegetable seeds with unknown level of toxicity for each 1 kg sample at each lot of 5,000 metric tons loaded and max 0.005% castorseed and / or castorseed husks PROCEDURES 0. Seller issues SCO Soft Corporate offer signed & sealed 1. Buyer issues LOI/RWA with full banking coordinates. 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. -------------------------------------------------------------------- |
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