Crude Palm Oil

10.Buyer is allowed to be present at the loading port at the time of inspection at his own cost

9.    Delivery and shipment will commence as per the schedule in the contract.

8.    Buyer duly signs and seals the contract and return to seller.

7.    Seller sends the duly signed and sealed contract with necessary amendments in hard copy to Buyer.

6.    Buyer amends or accepts the terms and conditions of the draft contract and returns to Seller.

5.    Seller send draft contract on Seller's company letterhead duly signed and sealed.

4.    LOI must be of current date and not older than 10 days.

3.    LOI must contain full verifiable contact details of Buyer

2.    LOI must be on Buyer's letterhead.

1.    Buyer send valid Letter Of Intent (LOI) with full banking co-ordinates with soft probe authorisation or Bank Comfort Letter (BCL) that clearly states that the buyer is able to purchase the stated quantity of crude palm oil at the quoted price to the Seller.

Transaction Procedure:

Specs as follows:
Free Fatty Acid (as Palm tic)       5 % Max
Iodine Value (WIJS Method)        51.0 Minimum
Unsaponifiable Matter                1 % max.
Saponification Value                  195 - 205
Specific Gravity                         10.900 - 0.91
Melting Point ( 0 C )                    36 - 50 Max
Packing in                                  Bulk Vessel
Moisture + Impurities                  0.50 % Max
Color (5 ? Lovibond Cell)           3.5 R - 3.5 Y
Carotenes                                  500 - 800 mg/kg
Refractive Index                         1.4491 - 1.4552
Vitamin E                                   800 - 1000 mg/kg

Contract for 12 months with optional roll over extension (additional
of 3 years).

Crude Palm Oil CPO

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