We are pleased to offer you our Vietnamese Rice as follows:
1. COMMODITY: VIETNAMESE LONG GRAIN WHITE RICE 5% BROKEN
5.00% max. (2/3 basis)
Red/red streaked Kernels
15 grains /Kg. Max.
Well-milled and Polished
2. PRICE: USD 510.00 / MT , FOB Ho Chi Minh
3. PACKING: In new PP bag of 50 kgs net each. Loaded in Bulk.
4. QUANTITY: 12,500 MT of Vietnamese long grain white rice 5% broken (5 percent more or less at Seller’s option.
5. SHIPMENT TIME: In May 2012.
– Port of Loading: HO CHI MINH PORT, VIETNAM
– Port of Discharge: Mumbai, India
6. PAYMENT TERMS: 100% by Irrevocable Non-transferable Documentary Letter of Credit at sight issued by the Buyer’s bank in favor of the Seller. The L/C will be opened within 5 (five) days after signing the contract. Before opening L/C, the Buyer shall send the content of L/C to the Seller to confirm in advance by fax or email. Payment terms upon presentation of documents.