PRODUCTS: SOYBEAN #2 NON GMO
ORIGIN: Cameroon
SPECIFICATIONS: Min. Protein 35%
Moisture: 13.5%Max. Splits: 11.0% Max
Test Weight: (Lbs/BU) 54 Min. Foreign Matters: 2,0%Max. Soya bean Other Color: 2.0% Max. Heat Damaged Kernels: 0.5% Max. Total Damaged Kernels: 3.0%
Max. Oil: 18,5% Min
QUANTITIES (CONTRACT OR SPOT)
300.000 MT (25.000 MT X 12) 600.000 MT (50.000 MT X 12) 1.200.000 MT (100.000 MT X 12)
PROCEDURES: 1. BUYER ISSUES LOI + ICPO FROM TOP WESTERN PRIME BANKS
2. SELLER ISSUES DRAFT CONTRACT FOR AMENDS
4. SELLER AND BUYER SIGN CONTRACT DEPOSIT CONTRACT IN RESPECTIVE BANKS
5. BUYER ISSUES PRE-ADVICE
6. SELLER ISSUES 2% PB
7. BUYER ISSUES FFSBLC/BG
8. PAYMENT 100% AT SIGHT AGAINST COMPLETE SHIPPING MANIFEST
9. SHIPMENT AND DELIVERY COMMENCES AS SCHEDULE IN CONTRACT
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