Contract Specimen for FOB Corn
Contract FOB, GAFTA, corn
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- Parent Category: Support for Trader
- Category: Contract Specimen
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Contract No, Dated, Seller,Buyer, The SELLER undertakes to supply to BUYER, and the BUYER undertakes to accept commodity and to pay.The SELLER undertakes to supply to BUYER, and the BUYER undertakes to accept commodity and to pay for Goods. Feed corn in bulk GAFTA 49, crop , Ukrainian origin. Price and value. USD 0.00 per MT delivered Free On Board (FOB – Incoterms 2000) one safe berth of Kherson port, Ukraine with total value USD 000.00 +/-5%. Quantity. 5000 metric tons +/-5% at Buyer’s’ option at contract price. One shipment. Final at loading port as per Certificate of Quantity issued by GAFTA member inspection company at the Seller's option and account. Quality. Final at loading port as per Certificate of Quantity issued by GAFTA member inspection company at the Seller's option and account in accordance the following specification as per standard EC824/2000: Moisture: max 14.5 %; Broken: max 5 %; Foreign matter: max 2 %; Damaged: max 5 %; included heat damaged: max 1 %. Period of shipment. Shipment December – January both dates included.