Crude Palm oil with ISCC - 100 % L/C payment - Origin : Malaysia,India price supplier

company profile

GREENISH INTERNATIONAL

India

Contact: Mr.Mr. Greenish International

Tel: 91-7829865476-

Number of Employees: Fewer than 5 People

Business Type: Trading Company, Agent

product details

Origin:Malaysia

CRUDE PALM OIL with ISCC
Origin of Commodity Malaysia or Indonesia
MOQ : 2000 MT

Product Description

Crude Palm Oil

FFA ( Percent) MAX 0.10

MOISTURE amp IMP MAX 0.10 IV: 48- 56

MELTING POINT): 38

OXIDATIVE STABILITY: MIN.12

DENSITY, 20 176C - KG/M3 – 912 DENSITY, 50 176C-KG/M3-892

FLAM POINT 176C -360

FLASH POINT 176C -320

VISCOSITY, 50 176C -MM2/S-28

CETANE NUMBER 50

CALORIC VALUE KJ/KG -MIN. 37000

SULPHUR MG/KG -3

PHOSPHOR MG/KG -1.6

CARBON RESIDE WT. Percent- 0.30

Our Services

PROCEDURES:

1) The Buyer issues the LOI

2) Seller issues the FCO and sends it to Buyer who signs the document and returns it to Seller’s Agents for acceptance.

3)Seller sends this draft contract (CTR) to Buyer open for amendments.

4)The Buyer, within 5 working days, signs and sends the Draft Contract to Seller'Agent which sends it to the Seller.

5)The Seller shall checks and countersign for acceptance the Draft Contract.

6) Together with the CTR signed, the Buyer will instruct his bank to issue the Proof of Funds as annex (POF) with Swift MT799 and send it to the Seller’s bank for verification named below in red colour, and will send the receipt of this POF to the Seller’sAgent .

7) Upon this step the Seller’s Bank shall send complete Proof of Product (POP)with Dip Test,SGS Report, Allocation Certificate and ISCC with Swift MT799 to the buyer’s bank.

8)Seller shall start the loading process after the approbation by buyer of the POP.

9)After delivering of the order to the buyer port of destination, after SGS test, against consignees shipping

documents , the buyer will pay TT with Swift MT103 with accordance from Buyer’s Bank and Seller’s Bank.

Payments Terms:

Upon the signature of the Agreement, Buyer ’ s Bank issue Proof of Fund with Swift MT799 (POF) + Blok Fund for one supply for the contract year to Seller ’ s Bank . Upon this step the Seller ’ s Bank shall send Proof of Product (POP) with Swift MT799 to the buyer ’ s bank. The buyer’s bank who will respond by instructing his bank to issue a non transferable, divisible SBLC issued by prime bank via Swift MT 760, which shall guarantee each and every payment of GOODS throughout the life of this Agreement. Loading of the first shipment shall start within 20(twenty) days from receipt of the SBLC by Seller’s bank. Each and every subsequent shipments shall be loaded, as per attached delivery schedule, upon receipt of full payment of previous delivery via Swift MT 103, for an amount equivalent to the relevant tanker vessel’s invoiced quantity value, for any port of discharge .

Inspection: The Seller guarantees that each deliver of Product shall be provided with an inspection certificate of weight and quality issued at time of shipment loading(at the Seller expense) and at time of Unloading at Discharge Port (at the Buyer expense) as binding for the Payment and such certificate shall be provided by Society General de Surveillance (SGS).

Special Conditions: This FCO is subject to final approval and agreement by both seller and buyer and all the terms and conditional herein as well as the subsequent contract of sale including any amendments or variations there of, all of which has to be reduced in writing and signed by both parties hereto.

Performance Bond: Should the seller fail to make delivery on time as stipulated in the contract, with exception on force majeure causes specified in clause of this contract, the buyer shall agree to postpone the delivery on condition that the seller agrees to pay a penalty which shall be deducted by the paying bank from the payment under negotiation 2% and the penalty, however, shal not exceed 0,2% of the total value of the contract the rate of penalty is charged at 0,2% per week calculated on the amount of the current delivery of the goods involved in the late delivery, in case the seller fails to deliver ten weeks later than the time of shipment stipulated in the contract, the buyer shall have the right to cancel the contract and the seller in spite of the cancellation, shall still pay the aforesaid penalty to the buyer without delay.

Product Type:
Wood Oil
Type:
Palm Oil
Processing Type:
Crude

Packaging:
Bulk
Certification:
ISCC
Place of Origin:
Malaysia

color:
crude yellow

Product Type:	Wood Oil	Type:	Palm Oil	Processing Type:	Crude
Packaging:	Bulk	Certification:	ISCC	Place of Origin:	Malaysia
color:	crude yellow