Buyer buys Yellow Peas, Whole, in bulk by FCLs
Dear Seller,
I am writing on behalf of a prominent buyer in the agricultural commodities market, to express our interest in purchasing Yellow Peas, Whole, in bulk.
We hereby provide our Letter of Intent (LOI) outlining our commitment to buying and receiving the specified quantity of Yellow Peas under the terms detailed below:
Commodity: Yellow Peas, Whole Price: $450 per metric ton CFR Nhava Sheva Shipment: September 24, Terms of Payment: Negotiable, subject to mutual agreement. We are open to various payment options, including but not limited to:
Letter of Credit (LC) at sight Cash Against Documents (CAD) Cash Against Future Documents (CAFD)Quality Specifications:
Moisture: To be specified Foreign Material: To be specified Other quality parameters: To be specifiedDelivery Terms: CFR Nhava Sheva (Cost and Freight)
Quantity: To be determined based on mutual agreement and availability.
The final quantity, quality, and delivery schedule will be confirmed upon mutual agreement between both parties.
This Letter of Intent is subject to change without notice and is valid for a limited time or until stock/demand lasts.
Your Offer should include:
Commodity specifications Quantity available Price per metric ton CFR Nhava Sheva Payment terms Delivery schedulePlease feel free to contact us if you have any questions or require further information. We are open to discussing alternative commodities, destinations, packing, or quality requirements.
Subject: Inquiry for Sale of Whole Yellow Peas
Dear Sir/Madam,
We are writing to express our interest in purchasing whole yellow peas and are currently seeking a reliable seller for this commodity.
Quality Specifications:
Moisture: Maximum 14% Foreign Matter: Maximum 2% Broken: Maximum 5% Damaged: Maximum 5% Other Color: Maximum 3% SLM (Sound, Light, Merchantable)Delivery Terms:
Shipments in containers 14 free days for detention and demurrage at discharge port as per shipping line ruleTerms of Payment: We are open to negotiation and flexible with payment terms. Our preferred option is CAFD (Cash Against Fax Documents) with a prepayment of 20/80.
Under this arrangement, the payment schedule would be as follows:
20% advance payment within 3 banking days against presentation of the following scanned original documents by email: a) Preliminary commercial invoice b) Signed contract Balance payment within 3 banking days against presentation of the following scanned original documents by email: a) Commercial Invoice b) Original Bill of Lading c) Certificate of Origin d) Quality and Quantity certificate e) Fumigation Certificate (Al. Phostoxin) f) Phytosanitary Certificate g) Packing ListQuantity and Quality: The final quantity and quality of goods will be determined at the place of stuffing into containers by an inspection company at the Seller's account.
Other Terms: All other terms, conditions, and rules not in contradiction with the above, contained in support contract/terms (GAFTA, Incoterms, etc.), apply to this transaction.
Please note that this inquiry is subject to change without notice and is valid for a limited time or until stock/demand lasts. It will be confirmed by a firm bid with full acceptance; otherwise, the offer will be deemed void and subject to renegotiation on the next working day.
If you can supply whole yellow peas meeting the above specifications, please provide us with your bid, including:
Commodity, Packing, Quality Quantity, Period of Delivery Target Price CFR Destination Terms of PaymentThank you for considering our inquiry. We look forward to the possibility of doing business with you.
