Sell: Crude Palm Oil - PT. Artho Moro Abadi

Sell: Crude Palm Oil [Dec. 5, 2008 23:36:57]

Commodity: CPO ( Crude Palm Oil) according to PORAM specifications
Origin: Indonesia
Minimum order quantity: 50, 000 MT/ month x 12 months
Price: FOB price indexed to CIF Rotterdam minus US$ 26
Packing: bulk in tanker vessel
Destination: FOB Indonesian Seaport
Payment Terms: 1 Month Value Bank Guarantee ( BG) + SBLC
Inspection - Quality and Quantity Determination: SGS Independent Surveyor Company shall be appointed at designated loading port, to assess the quality and quantity of the cargo. The Seller will pay the total inspection fee, as per the Surveyor' s invoice.

Loading Port:
Dumai Port, Riau & Belawan Port, North Sumatera - Indonesia

Destination Port :
To be advised by Buyer

Term of Payment:
a) 20% T/ T advanced as Lock Price, 80% the balance by SBLC/ BG
b) 100% by T/ T Payment, backed by SBLC/ BG for guarantee
c) 100 % SBLC AT Sight

Term of Payment:
d) 100% L/ C AT sight, Price Minus USD 10 / MT

Delivery:
21 days once SBLC/ BG issued and 31 days once L/ C

We can supply the best quality RBD Palm Olein to you. Our price is competitive and we take responsibility to any quality uncertainty.

Send LOI with your target price.

Transaction Procedure:
All documents from Buyer must be on official letterhead that contains verifiable details.

( 1) Buyer issues valid Letter Of Intent ( LOI) with full banking co-ordinates with soft probe authorization or Bank Comfort Letter ( BCL) that clearly states that the buyer is able to purchase the stated quantity of crude palm oil at the quoted price. LOI must be on Buyer' s letterhead. LOI must contain full verifiable contact details of the Principal Buyer. LOI must be of current date and not older than 7 days.
( 2) Upon successful verification of Buyer’ s financial capabilities to complete the transaction Seller issues FCO to Buyer.
( 3) Buyer issues Irrevocable Corporate Purchase Order ( ICPO) to Seller.
( 4) Seller/ Seller’ s representative issues PI or draft contract.
( 5) Buyer reviews, signs and returns PI and/ or draft contract then follow by deposit for booking. At the same time, Buyer submits copy of proposed LC Text to the Seller/ Seller’ s representative for review and approval ( If paid by SBLC) ; or make payment via wire transfer / TT within the stipulated period.
( 6) Seller reviews, signs and returns SBLC text to Buyer.
( 7) Buyer shall issue SWIFT SBLC at sight at any port of Malaysia or Indonesia.
( 8) Delivery and shipment will commence as per the schedule in the contract.

Buyer is allowed to be present at the loading port at the time of inspection at his own cost.

If terms are acceptable please submit a formal LOI ( view sample) and BCL to palmoilindustries@ live.com
palmoilindustries@ in.com
We deal with Principal Buyers only

Origin:

Indonesia

Price:

Minus Us$ 26/MT, web reference: www.rea.co.uk

Payment Method:

Telegraphic Transfer (T/T)

Quantity:

Up to 1.000.000 MT/Month

Pack. & Delivery:

Bulk

Request for Quote

Your inquiry will be recorded in "Member Trade Mail".

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