Description

NEW***5 Soft Offer - Yellow Corn #2 -Monthly delivery Max **0,**0 Mt p/month - Origin Brazil -CIFChina.
 
 
 
Dear Sir:
 
 
We have the pleasure to inform you that our group have negotiated this excellent option related toYellow Corn # 2 from Brazil .
 
  
 
CORPORATE SOFT OFFER
Yellow Corn - # 2
 
 
To: End Buyer
 
Seller group, hereby declares and confirms that is ready, willing and able to sell the commodity as per specifications and in the quantity and price as specified in the terms and conditions as hereinafter set forth. This representation is made with full corporate authority and responsibility of the above.
 
Commodity:     Yellow Corns # 2 - GMO - Human/Animal consumption 
Quantity:          2,**0,**0 Mt - Yearly Contract
 
Delivery Schedule..  **0,**0 Mt x *2 Months
 
Origin. Brasil   
 
Price. US$ **0 Pmt CIF China
 
Specification: As per SGS
Payment.**0% Letter of Credit (payable on demand of against signed Commercial Invoice. SGS, Packing slip and B/L. LC at sight, Transferable, Irrevocable. 2% PB from seller after DLC.
 
Packing:Bulk
 
Delivery: First shipment within *5 days after the date of an acceptable LC being activated. 
 
 
 
 
INTERNATIONAL PROCEDURES
 
 
 
1.Buyer issues  LOIorICPO with full banking coordinates and permission for Soft probe.
2.Seller issues the FCO
3.Buyer signs, seals and returns the FCO.
4.Seller issues Draft Contract.
5.Buyer signs the Draft Contract and sends it back to the Seller.
6. Seller issues the final Contract to the Buyer .
7.Buyer\'s bank sends by swift to the Seller\'s bank the POF  for the whole amount of the contract value.
8.Seller\'s will send the POP to the Buyer\'s bank
9.Buyer\'s bank issues and sends by swift the non-operative  LC **0% at sight to the Seller\'s bank within *8 hours. After receive the POP.
*0.Seller posts Performance Bond ( PB ) for the value of 2,0% and LC becomes operative.
*1.Shipment begins. Buyer can made a physical inspection together with SGS at the time of loading of product.
 
 
 
 
Thanks for your attention and remain in contact for further advances.
 
 
 
Best Regards,
 
 
 
Luis O. Benavente
Director Overseas Operations
CORPORATE ITC
Phone: *6 9 *******2