Soybean# 2 Non-Gmo

Soybean #2NON-GMO
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We represent direct allocation from Brazil, at this time we havethis Excellent offer related to Soy Bean # 2. Contract terms as per belowdetails in order to advance in faster terms.
Commodity:NON-GMO Soybeans Grade # 2
Quantity: 1,000,000 MT (+/- 5%) p.a.
Origin: Brazil
Price:  Since  USD $220/MT CIF ASWP (1) (some restrictionsmay apply)
Delivery Schedule: 100,000 MT per month for 10 (ten)consecutive months Contract Term: 12 months, with possible extensions
Packing: Bulk
Loading Port: Brazilian Ports - Paranagu?, Santos or atSeller's option.
Total Contract Amount: USD $220,000,000.00 (Two Hundred andTwenty Million United States Dollars)
Inspection: By SGS at the loading port at the Seller's cost.
Payment instrument: By confirmed, irrevocable and Fully FundedRevolving Documentary Letter of Credit (FFRDLC), in the amount corresponding to100,000 MT, issued or guaranteed by one of the top 25 world banks, 100% payableat sight, at the Seller's Bank, against presentation of shipping documents. Aconfirmed, irrevocable, transferable and conditional Bank Guarantee (BG) in theamount corresponding to, at least, 1 (one) month shipment shall be required bythe Seller to ensure contract fulfilment. Such Bank Guarantee (BG) must be activefor 1 (one) year and 1 day, and would be used as payment for the last shipmentsin the contract.
Note: the Buyer shall present the draft of his selectedpayment instruments for approval by the Seller and the Seller's Bank. If theBuyer's bank is not a top 25 world bank, he must provide a confirmation bank.
Performance Bond: 2% (two percent) upon receipt of thecorresponding Buyer's FFRDLC
Insurance: All payment instruments will be secured by topinternational insurance company (AAA), 110% of their face value.
Closing procedures:
1. Standard closing procedures, starting with the Letter of Intent (LOI) or theIrrevocable Corporate Purchase Order (ICPO), including full banking informationand explicit authorization to soft probe on Buyer's bank account, and freshBank Comfort Letter (BCL).
2. The Seller responds with Full Corporate Offer (FCO) and Draft of Contract
3. Contract discussion and Signing. All copies sent via email or fax is deemedas legally binding. The hardcopies are exchanged via courier;
4. The Buyer sends RWA or Proof of Funds (POF) via Bank to Bank -SWIFT and theSeller responds with Proof of Product (POP) in the same fashion;
5. Buyer opens agreed payment instrument, as indicated above, as pre-advice(nonoperative);
6. The Seller issues the Performance Bond (PB) of 2% of monthly shipmentamount, which activates payment instrument;
7. Shipments commence as per contract.
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If you want some other quantities contact us and ask for a target pricewith LOI and BCL.

Best Regards,

NorbertoLucio  (CEO )
Bionorcan, Lda
Telf 00 351 918333781
Fax -  00 351 211454437

Sales Terms & Specifications:

Place Of OriginBrasil
Brand NameSoybean #2 NON-GMO
Price TermsFOB / CIF / EXW(Factory Price)
Terms Of PaymentL/C
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