Palm Crude Oil

This Offer will end on Friday, 17^th July, 2009.

-  Shipment

-  Seller issuing POP

-  Buyer issuing Letter of Credit

-  Sign SPA

-  Draft SPA

-  FCO

PROCEDURE:

Seller and Buyer shall issues Performance Bond equal to 2% of shipment value in favour of opposite party. In the event of non-performance towards the duly signed agreement, the failure party shall lose the Performance Bond to the other party.

PERFORMANCES BINDING ASSURANCE:

30-45 WORKING DAYS after receiving confirmed LC from Buyers Bank.

DELIVERY SCHEDULE: 

Quality and final quantity will be certified by Sucofindo at port of loading.

QUALITY ASSURANCE: 

Letter of Credit at Sight 100 % direct to Seller

PAYMENT:

Gross/nett= $ 595.00/590.00 per MT, fixed price for Crude Palm Oil, FOB Port of DUMAI, Indonesia

PRICE:

FOB DUMAI, Indonesia, in BULK

DELIVERY TERMS:

20,000 Metric Tons X 25 Months

MONTHLY DELIVERY:

20,000 Metric Tons

CONTRACT QUANTITY:  

-  Cloud Point (⁰c)                               : 3.5 Y

-  Cloud Point (⁰c)                               : 3.5 R

-  M/ Pt degrees C (AOCS Cc 3-25)      : 50 max.

-  I.V. (Wijs)                                        : 56 min.

-  M&I                                                 : 0.25% max.

-  FFA (As Palmitic)                            : 5.0% max.

STANDARD including but not limited to the below stated specification:

Quality of Crude Palm Oil delivered under this contract shall meet PORAM

SPECIFICATIONS: 

Indonesia

ORIGIN: 

Crude Palm Oil (CPO)

PRODUCT: 

At the moment we have an offer for Palm Crude Oil. This offer will end on Friday 17th July 2009!