SOYBEAN MEAL
SPECIFICATIONS - Protein : 48 % to 46% min.
- Moisture : 11% to 12% max.
- Oil / Total Fat : 1 % max.
- Crude Fiber : 6.00 % to 7.00% max.
- Sand/Silica : 2.00 % to 2.50% max.
- Urease activity : (by pH difference) .30 units on EEC method
PROCEDURES Buyer submits LOI & BCL not older than 5 banking days and NCNDA Seller or Seller Mandate Issues FCO. Buyer sends signs FCO with all information completed. Seller issues Contract for Buyer's signature and Buyer returns signed Contract to Seller by Facsimile. Buyer Bank Issues Non-Operative Letter of Credit to the Seller in 5 Working Days After Signing the Contract. Sellers Bank confirms POP 2% PB and Activate the Letter of Credit. Shipment commences as per contract.
PAYMENT 80% - Irrevocable, Transferable, DLC Letter of Credit 100% Payment at Sight from Top Or by MT103/23 100% at sight.
INSPECTION : S.G.S Inspection Service at Sellers Cost shall inspect the Commodity at Place of.
PACKING : In 50kg Bags |
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