Commodity Subject: Soft Quote for Crude Degummed Soybean Oil.
Origin:Brazil
Specification:
· Free Fatty Acid 1.25% Max
· Moisture and Volatine matters 0.20% Max
· Impurities 0.10% Max
· Lecithin (Expressed in Phosphor) 0.02% Max
· Sediment (Gardner Break Test) 0.10% Max
· Unspecifiable Matter 1.50% Max
· Color 50yellow/5red Max
· Oil Flash Point 250°F Min
· Ca+Mg Content 5ppm Max
· Linolenic Acid 12% Max
· Polyunsaturated > or = 3 Double Bonds
· Methyl Esthers 1.00% Max
· Unsaponificable 2% Max
· Sulfur Content 10ppm Max
· Oxidation Stability > 6h
Quantity:12.500 MT/PER MONTH * 12 MONTH( SHIPMENTS )=150.000 MT/ANNUAL CONTRACT
Packing:Bulk/Loose
Guarantee:Performance Bank Guarantee for 2% of the Order value.
Shipment:Latest 30-45 days from LC date.
Payment: By 100% Confirmed, Irrevocable, Transferable and Auto-Revolving Documentary LC
at sight upon presenting acceptable shipping documents.
Price: USD ***** USD-AMERICAN DOLLAR/MT CIF ASWP (INCOTERMS 2000 apply).
Remarks:
(1) The validity of the above offer is 3 days commencing from the issuing date.
(2) A formal sales contract will be followed upon receiving your written confirmation of
acceptance.
(3) Buyer can visit to Seller and Product ( After Contract,Before Shipments ).
(4) We do not sell SPOT OR LESS THAN 150.000 MT/ANNUAL
Inspection:By SOCIETE GENERALE DE SURVEILLANCE SGS at discharge port.Inspection at
destination port to be borne by buyer.
PROCEDURES.
1. Buyer issues LOI/ICPO with full banking coordinates and permission
for Soft probe + BCL.
2. Seller issues the FCO.
3. Buyer signs, seals and returns the FCO.
4. Seller issues draft contract.
5. Buyer signs the draft contract and sends it back to the Seller.
6. Buyer's bank sends by SWIFT to the Seller's bank the POF for the
amount of each shipment.
7. Seller will send the POP to the Buyer's bank.
8. Buyer's bank issues and sends by SWIFT the LC 100% at sight to the
Seller's bank within 48 hours after receiving the POP.
9. Seller posts Performance Bond (PB) for the value of 2%.
10. Seller signs the final contract and returns it to buyer.
11. Shipment begins. Buyer can make a physical inspection together
with SGS at the time of loading of product.
Price is subject to change without notice, so must confirm price at
time of order.
