YUEYANG HONG TENG IMPORT EXPORT TRADE CO.

, LTD
No.489, South Lake Avenue, Yueyang City , Hunan Province, China.
Line: +86-0730-8422416 Mobile : +86 15717302918
Email : hongtengimport@outlook.com

LETTER OF INTENT(LOI)
LOI NO: 20230606001. Date: 6th June 2023

To:
ATTN:
VIA:

We, Yue Yang Hong Teng Import & Export Limited under signed hereby confirm with full legal and
corporate responsibility that we are ready willing and able to enter into a contract for the
purchase of the following commodity as specified below.

PRODUCT SPECIFICATIONS
GMO Soybean Specifications:
GMO Soybeans
Moisture 13.5% Maximum
Splits 20.0% Maximum
Heat 0.5% Maximum
Damage 3.0% Maximum
Foreign Material 2.0% Maximum
SBOC 10% Maximum, 1 : 0.10 discount allowance for SBOC higher than 2% (for every 1% of SBOC
higher than 2%, seller will discount 0.10% of the value)
Protein 34.5% basis, 34% Min, 34-34.49% 1:1 Allowance
Oil 18.5% Basis, 18% Min, 18-18.49% 1:1 Allowance
.
ORDER INFO
Origin BRAZIL
Packing Type: Bulk in Container
Price CIF : Cheng ling Ji port Yueyang city
Total Quantity 50000MT
Frequency of Shipments MONTHLY
Quantity per Shipment 12500MT/1SHIPMENTS
Incoterm CIF
Delivery Schedule: FROM August 2023 TO September 2023
Port of Discharge: Cheng Ling Ji PORT CHINA
YUEYANG HONG TENG IMPORT EXPORT TRADE CO., LTD
No.489, South Lake Avenue, Yueyang City , Hunan Province, China.
Line: +86-0730-8422416 Mobile : +86 15717302918
Email : hongtengimport@outlook.com

CONDITIONS
Payment Terms:MT103 AGAINST BL+DLC (DOCUMENTAD BY LETTER OF CREDIT)MT700,
ISSUED AND CONFIRMED BY TOP-50 BANK, MADE OPERATIVE, IRREVOCABLE, TRANSFERABLE,
DIVISIBLE, VALID FOR 3 MONTHS AND ONE DAY
Performance Bond: 2% PB
Shipping Terms N/A
Shipping Documents The following shipping documents will be
available:
1. Bill of loading
2. Commercial invoice
3. Packing list
4. Certificate of origin
5. SGS certificate
6. Performance bond papers
7. Phytosanitary Certificate
Guarantee: DLC (DOCUMENTAD BY LETTER OF CREDIT) MT700,
ISSUED AND CONFIRMED BY TOP-50 BANK, MADE OPERATIVE, IRREVOCABLE,TRANSFERABLE,
DIVISIBLE.VALID FOR 3 MONTHS AND ONE DAY
Inspection Requirement: QUALITY, QUANTITY AND WEIGHT
Certification Requirement: SGS-SOCIETÉ GÉNERALE DE SURVEILLANCE
Remarks Additional:
-ANY INFORMATION MARKED WITH THE INDICATION TBI (TO BE INFORMED BY THE BUYER MUST
BE PROVIDED IN A FULLY REVISED ICPO.
-SELLER / BUYER MUST PROVIDE COPY OF PASSPORT PAGES OF ITS REPRESENTATIVE IN A FULLY
REVISED ICPO.
-BUYER'S PRIMARY BANK MUST BE RANKED WITHIN WORLD'S TOP-50 BANKS, OTHERWISE
CONFIRMING BANK MUST FALLIN THIS CATEGORY OF WORLD'S TOP-50 BANKS.

We look forward working with you for a long lasting business partnership with mutual
cooperation and support. We will appreciate your prompt reply with your best offer and your
trading procedure(SCO/FC0).