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LETTER OF INTENTthe February 10th 2020 COMMODITY: WHEAT GRADE 2COUNTRY OF ORIGIN: ANYPRODUCTION DATE: YEAR 2019/2020PACKING 50KG.POLY LINED NEW JUTE BAGS PACKED INTO 1 MT PER BIG BAG IN ORDER TO LOAD AND UNLOAD. THE SELLER SHALL PROVIDE FOR EACH VESSEL 2% EMPTY BAGS FOR REPLACEMENT OF THE DAMAGED BAGS FREE OF COST.DESTINATION PORT: PORT SUDAN - SUDANLOADING PORT: ASWPQUANTITY: 100,000/M.T x 12 Months Contract Total Qty 1,200,000/M.T Targeted PRICE: 175USD/MT - CIF PORT SUDAN Payment Terms: 100% LC NON TRANSFERABLE, Payable at Performance Bond: 2% by SellerNote: Buyer will visit Sellers Office after Contract sign PRODUCT SPECIFICATION: 1000 Kernel Weight: 30-32 Protein: 11% (Rechecking must be 12%) Moisture Content: 13% Max Damaged Kernels: 0.5% Max (Rechecking percentage surely) Foreign Material: 0.5% Max Imperfect Grains: 0.5% Max Wet Gluten: 27% Min (Rechecking Gluten percentage surely) Dry Gluten: 10% Min Dockage: 1-3% Max DELIVERY SCHEDULE: SHIPMENT WILL BE MADE FOR/AGREED SHIPMENT DATE BY BUYER AND SELLER. THE DELIVERY SCHEDULE WILL BE SUBMITTED TO THE BUYER WITHIN 7 DAYS FROM THE LC RECEIVED BY SELLER BANK. VESSEL DISCHARGE: TWENTY (20) DAYS AND SEVEN (7) DAYS PROVISIONAL NOTICE AND 72,36 AND24 HOURS FINALNOTICE OFTHEVESSELS ESTIMATED DATE OF ARRIVAL AT PORT OF DESTINATIONThis LOI is valid for 5days.