Trade Lead Description:
Long grained white rice; origin-vietnam or cambodia. packaging in polypropylene bags. payment by t/t, dlc, standby l/c or bank guarantee.
12500-90000 mt spot or yearly contract.
prices 5%: 25000 mt spot $620mt
25000 x 12 month $570 mt.
10% 25000 mt spot $570 mt
25000 mt x 12 mths $520 mt
25% 25000 mt spot $520mt
25000 mt x 12 mths $490 mt
procedures: icpo and bcl gets fco and draft contract. buyer issues preadvice rwa to buy; seller posts 2% pb to activate l/c; shipped in 30-45 days after inspection at port. 5-10% broken: moisture max 14%; yellow kernels 0.1%, chalky kernels max 3%, damaged kernels- max 0.3%,red kernels & streaked max 2%, foreign matters max 0.1% glutinous rice- max 0.5% poddy grains kg max 10 grains; purity of fragrent rice min 90%, free from living insects and their larvae fit for direct human consumption. rice is round merchantable without musty moldy alien odor without warehousing & chemical smells or smell bags Posted from US - New York on 20 November, 2009
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