We, Americas Inter-Trade,INC.-8586 NW 72th Street, Miami, Florida 33166 hereby state and represent that it is our intention to purchase, and we hereby confirm that we are ready, willing and able the follow commodity in the quantity and for the price as specified in the terms and conditions as state below. This representation is made with full corporate authority and responsability of the above stated buyer.
Commodity: Basmati Rice.
Specifications:
High Quality Basmati Rice, silky double polished.
Averge Grain Length 6.6 mm.
Moisture 13%.
Damaged, discolored and Chalky Grains "Nil".
Brokens 5.0% max (as requirement).
Foreing Matter 0.5%.
Quality Silky Double Polish.
Foreing Grain 0.1%.
Packing:
Standard packing 25KG-50KG Bag.
Total quantity & basis of delivery:
12500 MT/monthly (150.000 MT/yearly).
Partial Shipment allowed.
Port of Destination:
CIF, ASWP Tartous port of Syria.
Target Price:_______ per metric ton.
Payment Instrument:
Paymnet by irrevocable, confirmed, transferable, divisible monthly auto-revolving month by month operative documentary letters of credit (RDLC) that will be activated buy seller's performance bond (P/B), international standard text, at 2% of the face value of the documentary letter of credit.
Contract Length:
12 month; 150.000 MT/Year; Prorrogable.