Crude Palm Oil Poram Standards | Food / Agriculture (Sellers) | NCNDA.org 

Crude Palm Oil Poram Standards



Food / Agriculture (Sellers) Published date: September 1, 2017
Modified date: September 1, 2017



CRUDE PALM OIL (CPO)

Origin: Malaysia
Port of Loading: Kelang, Malaysia
Packing: bulk to Mother vessel
MOQ: 5000MT
Payment: 100% irrevocable, divisible, transferable LC at sight from prime bank.
Shipping terms: FOB, CNF or CIF
Contract period: Long-term Contract minimum 12 months
FOB Price: $585 USD/MT

PROCEDURE:
1. Buyer sends LOI and seller will send Full Corporate Offer.
2. Buyer signs and stamps the FCO and sends it back to Seller.
3. Within Two (2) business days' seller sends the draft contract electronically to buyer.
4. Within Two (2) business days' buyer signs, seal notarizes and sends the contract back electronically to seller.
5. Buyer sends the draft of the LC for seller bank due diligences and approval.
6. Buyer will send LC to seller's bank.
7. Seller will commence shipment within 25 days of the receipt of LC in seller's bank.

  • Company Name: Pedro DaSilva
  • Country: Indonesia



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