– Suite 804 – 1220 N. Market Street- Wilmington, DE 19801-USA
To make money is an art, to work is
an art, a good transaction is the maximum of all the arts. (Andy Warhol)
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– Suite 804 – 1220 N. Market Street- Wilmington, DE 19801-USA
To make money is an art, to work is
an art, a good transaction is the maximum of all the arts. (Andy Warhol) |
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SOFT OFFER CPO CRUDE PALM OIL PORAM We hereby as Seller's mandate representative state that the Seller is ready, willing to sell and deliver the following commodity as per the specification and in the quantity the price as specified in the terms and conditions as stated below:
PRODUCT: Crude Palm Oıl ORIGIN: Malaysia COMMERCIAL OFFER: 03/03/2008
Commodity: CPO CRUDE PALM OIL Country of Origin: Malaysia Specifications: PORAM FFA (As Palmitic) 5.0% max. M&I 0.5% max. I.V (Wijs) 56 min. M/ Pt degrees C (AOCS Cc 3-25) 50 max. Cloud Point (0c) 3.5 R Cloud Point (0c) 3.5 Y Quantity:50,000 MT x12 (Fifty-Thousand) metric tons Monthly for 12 Months Price: 840.00/MT USD CIF Rotterdam. Monthly value: 42,000,000.00 USD per Month per 12 Months Contract Value: 504,000,000.00- USD Delivery Period: 50,000. MT x 12 Months Packing: BULK Payment Terms: Irrevocable, Confirmed, Transferable, Partial Allowed Bank Guarantee / Standby Letter of Credit format 458 ICC 500/600. Payment by T.T. to Seller bank within three (3) banking days after confirmation of Bill of Discharge.
or Inspection Agency: By SGS Certificate and/or other responsible recognized Surveyor Loading: Quality, Quantity and Weight confirmation and accepted on Loading Performance Bond: 2% Seller to Provide: Vessel Name, Port of Loading, Quantity to be Loaded, Date to be provided Inspection: Buyer is allowed full and unhindered inspection of the Goods In loading Port . Procedures: 1) The Buyer shall issue the Letter of Intent (LOI) plus bank comfort letter (BCL) to the Seller. 2) The Seller shall issue Full Corporate Offer to the Buyer. 3) The Buyer back signed Full Corporate Offer to the Seller. 4) The Buyer shall issue an Irrevocable Confirmed Purchase Order 5) The Seller shall issue Draft of Contract on firm terms and conditions to the buyer. 6) The buyer sign Contract and send back to the seller via Express courier 7) The Seller sign Contract and send back to the buyer via Express courier 8) The Buyer’s bank shall issue an operative, Irrevocable, Confirmed, Transferable, Revolving Bank Guarantee/Standby Letter of Credit through a Top 25 Prime International Bank acceptable to the Seller’s Bank not later than 3 (Three) international banking days. Or for second kind of payment: The Buyer’s bank shall issue into 48 hours a BG for one Month contract value as gurantee plus an Irrevocable,Confirmed, Transferable, Assignable, divisible, one Month contract valued revolving, Documentary Letter of Credit fully payable at sight, issued by aTop 25 Prime International Bank. 9) Seller issues a 2% Perfomance Bond. 10) All banking charges including confirmation from the Buyer’s bankshall be borne by the buyer and all banking charges incurred bythe Seller at Seller’s bank shall be borne by the Seller. 11) Should any amendments to the instrument be requested once the same had been issued, then the Party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instruments in compliance with the Agreement, then the costs shall be borne by the faulting party. 12) First delivery shall be 30-45 Days after upon Seller accepted Bank instrument. 13) Price Validity: Until 14/03/2008 For expediency, the signed and sealed electronic copy shall be used to close the deal. The terms and conditions, legal and contract binding by both parties will only be effective upon the signed and sealed hardcopies and lodge to the respective Banks.
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[LNG][D2][Mazut][JP54][Crude Oil][Palm Oil]
N.B. The offers are subject to " first
comes, first served " Latest update: 23-11-08 |
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