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    Urea LOI (220922) Ok

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    The document is a letter of intent from Yantai Fengguichao International Trade Co., Ltd. regarding a potential sale of agricultural or industrial urea. It outlines details of the product, quantities, delivery terms, payment methods, required documents, and procedures.

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    Urea LOI (220922) Ok

    Uploaded by

    qtum0921
    480 views4 pages
    The document is a letter of intent from Yantai Fengguichao International Trade Co., Ltd. regarding a potential sale of agricultural or industrial urea. It outlines details of the product, quantities, delivery terms, payment methods, required documents, and procedures.

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    Ok

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    Urea LOI (220922)ok

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    The document is a letter of intent from Yantai Fengguichao International Trade Co., Ltd. regarding a potential sale of agricultural or industrial urea. It outlines details of the product, quantities, delivery terms, payment methods, required documents, and procedures.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    480 views4 pages

    Urea LOI (220922) Ok

    Uploaded by

    qtum0921
    The document is a letter of intent from Yantai Fengguichao International Trade Co., Ltd. regarding a potential sale of agricultural or industrial urea. It outlines details of the product, quantities, delivery terms, payment methods, required documents, and procedures.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    YANTAI FENGGUICHAO INTERNATIONAL TRADE Co.

    ,LTD
    NO.813 HuaXin International B/D， 28 Changjiang Road, Yantai-City, Shandong Province, China

    LETTER OF INTENT

    September 21, 2022

    To:

    From : YANTAI FENG GUI CHAO INTERNATIONAL TRADE CO.,LTD


    Address : NO.813 HuaXin International B/D， 28 Changjiang Road, Yantai-City, Shandong Province, China

    Dear Sir,
    The intent of this offer is to provide a written expression of the mutual interest of the following Parties:

    "Buyer" : YANTAI FENG GUI CHAO INTERNATIONAL TRADE CO.,LTD


    "Seller" :
    We, YANTAI FENG GUI CHAO INTERNATIONAL TRADE CO.,LTD, legally and fully responsible for the
    punishment of perjury, and we request that you confirm that you are ready to sell the following quantity at the
    request of the following terms and conditions.

    1. PRODUCT : Agricultural Urea Industrial Urea


    2. ORIGIN :
    3. Total Nitrogen 20% Minite 46%
    4. PACKING : One ton Bulk Bags
    5. INSPECTION: Provide SGS data and certificate of origin
    6. QUANTITY(Monthly): more than 35,000 tons more than 4,000 tons
    7. DELIVERY: 30days 30days
    8. MODE: FOB PORT CIF INCHEON KOREA
    9. Target PRICE:
    10.PAYMENT: Irrevocable, Documentary Letter of Credit
    11.Required documents: SGS SGS, MSDS
    YANTAI FENGGUICHAO INTERNATIONAL TRADE Co.,LTD
    NO.813 HuaXin International B/D， 28 Changjiang Road, Yantai-City, Shandong Province, China

    12. DOCUMENTS:
    A : CIF Insurance Certificate for 110% of shipment value
    B : Bill of Lading
    C : Certificate of Origin
    D : Packing List
    E : Commercial Invoice
    F : Certificate of Quality(SGS, MSDS)
    G: Photo of product loaded onto shipping vessel

    13. PROCEDURES:
    A: Buyer issues LOI
    B: Seller issues FCO
    C: Buyer signs and returns FCO
    D: Seller and buyer sign contract
    E: Buyer’s bank opens LC
    F: First shipment commences within 30 days.

    14. BANKING COORDINATES: Documentary Letter of Credit to be opened by:


    ○ Name of Bank: Industrial Bank of Korea(CHINA) LTD Yantai ETDZ Branch
    ○ Address : 106-109 ROOM, WANHANG SQUARE, NO.18 HENGSHAN ROAD, YANTAI ECONOMIC AND
    TECHNOLOGICAL DEVELOPMENT AREA, SHANDONG, CHINA
    ○ Tel No. +86 535 610 7131
    ○ Swift Code IBKOCNBTXXX
    ○ Account No 728401667822001
    ○ Account Name : YANTAI FENGGUICHAO INTERNATIONAL TRADE Co.,LTD

    Name and address of confirming prime bank We look forward to receiving buy’s proforma offer.

    Yours sincerely

    YANTAI FENGGUICHAO INTERNATIONAL TRADE CO.,LTD

    CEO : OH JUNG SIK


    YANTAI FENGGUICHAO INTERNATIONAL TRADE Co.,LTD
    NO.813 HuaXin International B/D， 28 Changjiang Road, Yantai-City, Shandong Province, China

    SPECIFICATION UREA 46% GRANULAR GOST 2081-92


    Product UREA N46 Industrial grade Urea
    Nitrogen 46% minimum
    Moisture 0.5 max
    Freeammonia 160 PXT PPM maximum
    BIURET 1.0% maximum
    Harmfulsubstances 100 % freefromharmfulsubstances
    Melting point 132 degree Celsius
    Granulation 1mm to 4mm 90% minimum
    Color White standard or white pure
    Odor Odorless
    Boiling Decomposesbeforeboiling
    Radiation Non-radioactive
    Physicalstate Solid a 20°C, 101 KPA white granules
    Specificgravity Solid a 20° C-1.35 t/ms
    Floatability in water Sinksand mixes
    Molecular weight 60.065
    Fertilizer granular 94-96%min
    Prill 96% max
    Fisher 0.30%

    Agricultural Urea
    YANTAI FENGGUICHAO INTERNATIONAL TRADE Co.,LTD
    NO.813 HuaXin International B/D， 28 Changjiang Road, Yantai-City, Shandong Province, China

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