Specifications:
Quantity Required : One-year Order of 1,200,000 MT (100,000 MT/Month x 12 Months)
Moisture: 14.5% Max
Foreign Matters: 2% Max
Broken Kernels: 3% Max
Total Damaged kernels: 5% Max
Aflatoxin: 20 ppb Max
Payment Terms
A) Payment Guarantee: The Buyer issues from a top-ranking bank an Irrevocable,
Non-Transferable DLC via MT 700 to the Seller’s bank account.
B) Actual Payment: The Buyer’s bank makes payment to the Seller’s bank account via MT103/TT for each shipment.
C) Performance Bond (PB): The Seller provides the Buyer with a 2% PB.
Delivery
Please advise the first shipment date and the No. of days required to reach the Destination Port.
Please provide the following documents if you can agree to these terms above.
A)Draft SPA/FCO
B)Lab Analysis Report
C)Phytosanitary Certificate
