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RFQ for Sugar, soybean & corn Buyer and Importer from Bangladesh - Buying Lead

14 May, 2024

RFQ for Sugar, soybean & corn

Hello, I am looking for Sugar, soybean & yellow cornRefined sugar ICUMSA 45: 12500 MT trial, 100000 MT *12 month, ICPO in my handCommodities: NON GMO SoybeanOrder quantity: 50000 MT Trial order, contact 100000 MT*12 MONTHSDestination: Tianjin, ChinaTarget price $530Commission included: $10 + $5 = Show More...

Hello, I am looking for Sugar, soybean & yellow cornRefined sugar ICUMSA 45: 12500 MT trial, 100000 MT *12 month, ICPO in my handCommodities: NON GMO SoybeanOrder quantity: 50000 MT Trial order, 100000 MT*12 MONTHSDestination: Tianjin, ChinaTarget price $530Commission included: $10 + $5 = $15Payment: main order is 100% irrevocable Non Transferable, confirmed Letter of CreditCIF PROCEDURE1. Buyer submits the letter of Intent to purchase (LOI).2. Seller sends the FCO and buyer signs it and returns it back to seller along with ICPO and The Sugar import quota allocation letter.3. Seller issues draft contract to buyer.4. Buyer signs the contract returns it to the seller along with DLC Verbiage Draft and RWA.5. Seller provides Commercial Invoice to buyer.6. Upon acceptance of the Verbiage by the seller’s bank, the buyer bank opens the DLC MT 700 as agreed.7. Seller opens the 2% PB (Performance Bond) within 5 working days after DLC is confirmed, operative and accepted by the seller bank.8. Within 4 working days after the confirmation of the DLC, seller completes the loading of the product.9. The shipment documents shall be given within 4 working days after the receipt and acceptance of the agreed operative DLC.10. Payment shall be done at the loading port only in accordance with CIF terms 11.Subsequent monthly shipments continue as per the terms of the contract.COMMODITY Yellow corn2 ORIGIN Myanmar or Vietnam or Brazil3 SPECIFICATION Please check the specs chart below4 CARGO FCL QUANTITY 40,000- 50,000 MT month5 PACKING In bulk6 LOADING PORT Any port7 Lead Time Negotiable8 SHIPMENT PERIOD Negotiable9 Target CIF Price 325usd ton10 SHIPPING VESSEL: CFR Qingdao and Guangxi port by ship11 SHIP TO BE NOMINATED AT LEAST 48HRS FROM 1ST DAY12 CARGO: Bulk vessel cargo or container cargo13 TOTAL QUANTITY: 40,000- 50,000 MT month14 DISCHARGING PORT: Qingdao and Guangxi port of China15 First Shipment: immediately16 Insurance: 110% of the loaded cargo17 Any other details: we will do due diligence on our end by visiting in person before signing agreement18 TERM OF PAYMENT LC

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