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Description:
SpecificationsTest weight: (lbs/bu) 54 min
Protein:35.0% min
Moisture content:13.5% max
Splits:
SpecificationsTest weight: (lbs/bu) 54 minProtein:35.0% minMoisture content:13.5% maxSplits:11.0% maxForeign matters:2.0% maxSoybean other colour:2.0% maxHeat damaged kernels:0.5% maxTotal damaged kernels:3.0% maxOil content::18.5% minCrop latestPacking bulk.Origin brazilProceduresPrimary documentation.: Loi/icpo bcl by swift from bank to bank1) buyer issues loi/icpo bcl.2) buyer receives the fco signs & seals and returns to seller.3) buyer receives the draft contract adjusted to his needs, s! Igns & seals and returns it together with aCopy of buyers company registration certificate & a copy of the passport of the autorised to sign onBehalf of the buyer4) seller returns the contractby exchanging it by facsimile or email attachment, duly signed and sealed. The draft copy will be deemed legal until hard copies exchanged. This will not delay the buyer inIssuing the letter of credit.5) buyer will issue to seller''s bank theNon - operative letter of credit.6) within 10 banking days of receiving the non - operative letter of credit the seller''s bank willPost 2% operative performance bond guarantee which will activate de buyer''s letter of credit.7) hard copies of the contract are exchanged.8) within 30/45 days of the seller receiving the payment instrument delivery and shippment commence asPer schedule mutually agreedFaq, Loi must be fresh dated, not olther than 5 days.Loi without target price will! Not be responded.Bcl must indicate an available value at buyer''s account as necesary to complete the deal.Payment instrument must be issued by/or confirmed by a prime american/european bank.We receive transferable payment instrument onlyNo past sgs/bl and/or sampleswill be provided.No visit at refineries/silos/producers will be approved.
