* Immature kernel: 1.00% max.
* Milling degree: ordinary milled.
3/ QUANTITY: 20.000 MT (10% more or less at Buyer option)
4/ PACKING: in new single jute bags of 50 kgs net each
5/ SHIPMENT: 10.000 MT in October and 10.000 MT in November
6/ PRICE: USD195.000 MT FOB Saigon Port
7/ PAYMENT: By Irrevocable Letter of Credit at sight L/C
Buyer shall open an irrevocable Letter of Credit at sight L/C in favor of Vietcombank requiring
the following documents for negotiation:
- Full set of commercial invoice
- Full set Clean on Board Bill of Lading
- Certificate of weight and quality issued by independent surveyor
- Certificate of origin
- Phytosanitary certificate
- Fummigation certificate
- Certificate of vessel's Hatch cleanliness
8/ PRE-SHIPMENT SURVEY: Buyer shall have right to pre-shipment survey of cargo.
9/ INSURANCE: To be converred by the Buyer.
10/ ARBITRATION: Any disputes, controversy or claim arising out of or relating to this
contract or breach therefore, which can not amicably be settled by the parties hereto, shall be
finally settled by Legal Solution in Singapore.
11/ LOADING TERMS
a- At the load port, the cargo is to be loaded at the rate of 1,000 metric tons (PWWDSHEXUU)
per weather working days of 24 consecutive hours, Sunday and holiday excepted unless used. If
the Notice of Readiness is presented before 12 hrs noon laytime to commence at 13 hrs the same
day. If the Notice of Readiness is given after 12 hrs noon but before the close of office (17:00