Product : Acid Oil
Specifications
FFA max 35 pct
M&I max 2 pct
IV Min 80
Origin : Malaysia
Load port : Tg Langsat
Quantity : 5,000 metric tons
Shipment : March 2024
Price : $775/- per ton
Weight/qty : Final at load
Delivery : FOB
Payment :
50 pct deposit upon trade cfmation
40 pct upon cargo
readiness in tank
10 pct 1 week before cargo loading
We have available any quantity of RBD Palm Oil (CP6, CP8, CP10, CP12) for export from Malaysia. We have our own packing factory and can supply palm oil in jerry cans, tins, drums, flexibags, bulk loads, bottles, etc. Price changes regularly and is determined by the market and we can offer great and competitive prices.
The IGPO is composed entirely of vegetable fats and similar to crude palm oil (CPO)'s specification. IGPO are widely used as an alternate feedstock to CPO in the biodiesel and biofuel industry. It can also be used in other industries such as animal feed, poultry, and lubricant industries.
1. Buyer issues LOI and Seller issues FCO
2. Buyer issues ICPO with full banking details + KYC
3. Seller issues SPA with PI
4. Seller will present the draft contract for acceptance by the buyer and sealed, within three working days. The draft copy will be deemed legal until hard copies are exchanged.
5. Buyer returns the contract by exchanging it by e-mail attachment, duly signed.
6. Buyer's bank issues LC using SWIFT MT700 or issues SBLC using SWIFT MT760 open for full contract period, to be received at seller's bank within three working days.
7. LC needs to be recurring for 12 months. SBLC is anyway for year long.
Hallo My name Is Ridho from Indonesian IM supplier Palm Oil
Price List Palm Oil
- CP 10
FOB PRICE USD 1105/MT
- CP 6
FOB PRICE 1195/MT
- CP 8
FOB PRICE 1230/MT
Procedures:
1. Buyer issues an LOI.
2. Seller issues an FCO.
3. Buyer sends back the FCO once it is signed and stamped. And sends an ICPO.
4. Seller sends the SPA and PI.
5. Buyer signs the SPA and sends it back to the seller.
6. Buyer will send the LC Draft to be confirmed by the Sellerâ??s bank.
7. After the confirmation of the LC Draft, the Buyer's bank will send the original LC to the Seller's bank.
8. Once the LC is stated ON, the shipment will be processed.
