Arete Industries INC
| About us | We offer: -shared comissions - 2-5% performance bond - gsm102 credit available on all us goods - long term or spot orders welcomed - minimum order 12,500 metric tons. Commodity purchase procedure 1) buyer issues LOI A) specification of commodity(typegrade, etc... ) B) destination port. C) discharge rate. D) length of contract and shipping schedule(ifnot spot, how often do the want shipments, weekly, monthly) E) size of shipments(minimum12,500 metric tons up to 50,000 metric tons per shipload, if specifying larger 50,000 MT make sure port can accommodate larger ships) F) banking information I) bank name Ii) physical location of bank Iii) bank officers name and contact information. 2) seller issues fco(fullcorporate offer) based on the information in lc quoting a price for the commodity. 3) buyer issues non operative transferable lc 4) seller issues non operative performance bond for 2% 5) hard copy contracts are signed and lc is activated. 6) upon activation of lc the performance bond is activated simultaneously. 7) sgs does inspections and clears the transaction. 8) after inspection is cleared money is released to the seller. 9) ship leaves for destination port. All prices are cif(costinsurance and freight)unless otherwise noted. |
|---|---|
| Industry Focus | Fertilizer, Grain, Beans, Agriculture & By-product Agents |
| Business Type | Agent |
| Products/Services | Fertilizer, wheat, corn, |
| Our Markets | Worldwide |
| No. of Employees | Less than 5 People |
| Annual Sales Range(USD) | US$10 Million - US$50 Million |
| Year Established | 1987 |
| Legal Representative(CEO) | Mr. Raabe |
