Please be informed on the following updates on our Yellow Corn Customers from our source KS AGRO THAILAND:
F & F TRADING--they are just waiting on our facilitation efforts on providing them the temporary consignee--[ HIGHSCALE TRADING ]. Currently, the Bureau of Animal Industry where our Yellow Corn Certification application is being processed since last Friday, November 04 has stopped. This is due to the UNFORTUNATE timing of the whole team of the AFSD or the [Animal Feeds Standard Division] is on an OUT OF TOWN team building seminar starting yesterday November 07 to November 11, Friday. Processing of the Import Permit from them, all the way to the final stage at the Bureau of Plant Industry will only restart next Monday, November 14.
TARLAC GOLDEN EGGS- who signified and subsequently confirmed their P.O. for 6000 MT CIF SUBIC PORT is also waiting for the IMPORT PERMIT via Highscale Trading temporary consignee’s name facilitation efforts by us. The owner is ready at moment notice to make the LC APPLICATION process as soon as the Import Permit is done.
GRUPO AGRO and VENVI AGRO INDUSTRIAL VENTURES INC. will consolidate their P.O. for one shipload of 6000MT also after we get the IMPORT PERMIT via Highscale Trading.
PHILIPPINE EGG PRODUCERS ASSOCIATION COOPERATIVE-- Please TAKE NOTE that this is a NEW CUSTOMERT that will immediately make an ENGAGEMENT SALES CONTRACT for 6000 MT. They have their own IMPORT PERMIT. The ONLY CONDITION they are requesting is the RIGHT PRICE at USD240-245 /MT. It is for this new development that I am now formally asking for the lowering of our TRANSFER PRICE from KS AGRO from the previous USD245/MT to USD235/MT. I had just learned that Thailand has achieved BUMPER CROP HARVEST and supply INCREASED and subsequently Prices are GOING DOWN. This is being felt by BIG FEEDMILL importers from the Philippines like San Miguel Purefoods Company whose indicative price this week is only USD 230/MT as per their last email to us. With this current condition of the ASEAN YELLOW CORN imports, we URGENTLY NEED Price support from KS AGRO immediately.