A full transaction path is recorded for 12,000 metric tons of non-GMO soybean meal shipped from Paranaguá, Brazil to Rotterdam, Netherlands. The consignment was destined for an animal feed producer in Germany, with strict non-GMO DNA testing performed at origin. Payment was secured through a 60-day usance letter of credit with Rabobank, providing working capital flexibility for the buyer.
Transaction Details
- Origin: Paranaguá, Brazil
- Destination: Rotterdam, Netherlands
- Quantity: 12,000 MT in bulk
- Price: USD 485 per MT CIF Rotterdam
- Inspection: Bureau Veritas
The shipment was executed in a single Supramax vessel. All documentary instructions aligned with GAFTA 48 contract terms, and no discrepancies were raised by the issuing bank.