3. QUALITY CLASSIFICATION: Standard commercial grade 1 and 2
4. ORIGIN: Robusta (Vietnam, Indonesia) and Arabica (Brazil, Colombia)
5. PRODUCTION CALENDAR: October - March (Robusta)
6. TECHNICAL SPECIFICATIONS OF PRODUCT (Robusta):
- Grain sieving: More than 90% on screen 18 - 16 (Grade 1) & More than 90% on screen 16 (Grade 2)
- Moisture grade: 13.5 % max. (Grade 1) & 14.0 % max. (Grade 2)
- Black and broken: 4.0 % max. (Grade 1) & 5.0 % max. (Grade 2)
- Foreign matter: 1.0 % max. (Grade 1) & 1.5 % max. (Grade 2)
- Defective grains: 60 max. (Grade 1) & 65 max. (Grade 2)
7. BRAND: Producer or private according production possibilities
8. PACKAGE FORMAT: Jute bag of 80 kg. net weight
9. LOADING FORMAT: 20 container containing 18 MT of goods
10. DELIVERY DELAY: Within 15 20 days after receipt of purchase confirmation and settlement of payment terms agreed
11. DELIVERY CONDITIONS: FOB or CFR delivery
12. PRICE: According current market rates
13. EXPORT DOCUMENTATION:
a. Bill of lading (B/L)
b. Commercial invoice
c. Packing list
d. Origin certificate
e. Phytosanitary certificate
f. Quality and/or quantity certificate in case of been requested by client (Cost not included in quotations)
14. PAYMENT TERMS:
a. Prepayment of 30% - 50% of order value and balance against presentation of shipment documentation)
b. Irrevocable/confirmed letter of credit payable at 60 days of shipment date
c. Deferred payment at 60 days of shipment date in case that�´s granted a commercial risk coverage for a prime rated insurer like COFACE or similar
15. IMPORTANT NOTE: Rates quoted have a limited validity so must request update of them before confirmation of any purchase order
Arabica coffee beans roasted
Minimum Order 25 Tons per Month x 12 Month
PAYMENT TERMS:
CONTRACTS
a) Contract Guarantee: BG per Three (03) Month contract valued amount or
valued amount equivalent of Three (3) shipments; issued by to First International
Bank, operative by MT 760 (via swift) in amounts and the text (suggested by the
seller): irrevocable, divisible, transferable, without restrictions, unencumbered,
unconditional, irreversible, negotiable and for the total validity of the contract.
b) Contract Payment: The payment will be issued by First International Bank, through
an operative ARDLC: irrevocable, divisible, transferable, without restrictions,
unencumbered, unconditional, irreversible, negotiable payable against shipment
documents when the product is embarked in the Brazilian loading port.
Performance Bond:
An Operative Performance Bond will be provided by the SellerÆs Bank within 10
Banking Days after SellerÆs Bank receipt of an ARDLC. The Performance Bond
shall be sent to BuyerÆs Bank and shall be equal to 2,0 % (Two Per Cent) per Metric
Ton based on auto revolving monthly delivery.
PROCEDURE PROTOCOL:
1) Seller issues and sends a FCO to the Buyer;
2) Buyer issues ICPO (with LETTERHEAD), signed and stamped to:
IMPORT & EXPORT LTDA.;
3) Seller issues DRAFT CONTRACT, and sends it to the Buyer;
4) Buyer SIGNS and STAMPS draft contract and sends it back to the Seller;
5) Seller issues the HARD CONTRACT and send it to the Buyer by an international
courier;
6) Buyer signs and resends back half of the copies by courier to the Seller;
7) Buyer initiates banking procedures with his Bank and sends swift (and) HARD
COPY of MT 760 (BG) or SBLC to the SellerÆs Bank (BANK TO BANK);
8) SellerÆs Bank sends to the BuyerÆs Bank the POP.
9) BuyerÆs Bank open an ARDLC irrevocable, divisible, transferable, without
restrictions, unencumbered, unconditional, irreversible, negotiable payable against
shipment documents when the product is embarked in the Brazilian loading port.
Colombian Coffee in roasted beans and green beans.
Pronounced fragrances and aromas, medium acidity, medium body, fruity, vinous and citric
Clean Cup
Cafe Profile: Colombian; Points 81