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Parboiled Rice

Enquiry No. : 8100170 Bangkok (Thailand)

Description :Commodity Thai Rice
Origin Thailand Vietnam or Asia Region
Specification Parboiled Thai Rice 25% Broken
(standard specification)
Procedure Seller send firm offer
Buyer accept offer and issue ICPO

Seller send draft contract, exchange by fax, hard copy by DHL

Buyer issue operative Letter of Credit at sight
Seller send Proof of Product, with 5 days

Quantity 800,000 MT 12 months period
Contract Length 1 Year
Loading Port Leam Chabang, Thailand
Destination Port Lagos, Nigeria

Target Price USD +/- below 700.00 per/MT
Shipping Terms C.I.F.
Delivery Time To be advised

Inspection SGS/SGI or equivalent at Sellers cost at Loading
Payment Terms Irrevocable, Revolving, Letter of Credit at sight covering
all total contract issued and confirmed by a Prime Bank
PBG 2% non-operative, after contract signing
LOI Validity 7 days from the date of issuance

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