Commodity: CPO/ RBD Palm olein


Packing: IN bulk vessel (min 5000MT)


Pricing:



CPO: USD 418/MT CIF Worldwide
RBD Palm Oil: USD 425/MT CIF Worldwide
RBD Palm Olein: USD 434/MT CIF W orldwide
RBD PALM STEARIN USD 414/MT CIF W orldwide  


Specifications: Poram Spec

Payment terms: 100% At sight, IRREVOCABLE, NON-TRANSFERABLE, ASSIGNABLE, DIVISABLE LETTER OF CREDIT PAYABLE AT SIGHT AT THE PRESENTATION OF SHIPPING DOCUMENTS.


Minimum Order: 5,000MT Pershipment,


Maximum order : 50,000MT/ Month

Mode of Purchase: allow for Single or spot shipment and 1-2 years contract

Date of delivery: 14-28 days upon receipt of confirmed L/C

vessel traveling time:25-30 days journey



Seller provide 2 % Performance Bond

Prices valid for 15 working days

"Procedures"

1) Buyer sent LOI
2) Seller sent performas Invoice, L/C Instructions & Sales agreement
3) Buyer sign agreement and email to seller,

4) Seller signed and sent back to buyer by email and follow by sending the hardcopy by courier
after 3 banking days

5) Buyer submit L/C to the sellers bank

6) Shipment starts after 14-28 days

We are a United State based trading company.  Our main supplier is from Nigeria where we have our own agent which allocated in Nigeria to supply all demands from buyers. Most of our deal will go under a prime bank in Germany . For your information, before any deal closed, we will ready 2% PB for buyer as guarantee to them. When buyer issues a non-operative LC after signing the contract, we will issue the 2%PB to bank to activate the LC. Start from that moment buyer will be guaranteed by the 2%PB. In another word, if we unable to supply the oil at loading port then the 2% PB will automatically belong to buyer. There is no other way for us to prove our sincerity in doing business with you except providing this 2%PB for you in advance.


Please send us the LOI if you are interested,