CANOLA OIL CRUDE

Price:

CIF USDxxx.

Quantity Order:

Origin:

Malaysia

Payment Method:

L/C

Quantity:

12,500Mtons

Pack. & Delivery:

Bulk

SOFT OFFER

Origin: Canada, USA, Brazil & South Africa.

MINIMUM ORDER: 1000MT

PRICE:
1000mt to 12.500mt @ CIF
12.500mt to 25.000mt@ CIF

FLEXITANKS EXTRA CHARGES USD 11, 00mt

PAYMENT TERMS
Irrevocable, Transferable, Confirmed , Auto- Revolving DLC Letter of Credit 100% Payment at Sight against presentation of shipping documents at seller bank and issued from Top Western Prime Bank or by MT103/ 23 100% at sight for SPOT

INSPECTION
S.G.S Inspection for Quality and Quantity Service at Seller� s Cost will inspect the Commodity at Loading Port

PERFORMANCE BOND
BG: The Seller only post 1.5-2% PB if the Buyer pay with Bank Guaranty either for spot over 12, 500mt or 12 months contract .
DLC: The Buyer can hold 3% of the shipment value back until ship is arrived at the Port of destination. After receive and check of merchandise he must pay back the 3 % to the Seller within 4 days T/ T.

PROCEDURES

1. BUYER ISSUES LOI/ ICPO WITH BCL OR RWA AND NCNDA

2. SELLER OR IS MANDATE SEND FCO.

3. BUYER APPROVE FCO AND SEND IT BACK SIGN.

4. SELLER ISSUE DRAFT CONTRACT OPEN FOR AMEDMENTS TO BUYER TO BE SIGNED AND SEND IT BACK TO SELLER FOR REVIWING AND IF SELLER ACCEPT THE AMEDMENTS OF BUYER IT WILL BE SIGNED AND CONVERT IT TO PDF FORMAT AS FINAL CONTRACT WHICH WILL BE CONSIDERED AS HARD COPY AND SEND TO BUYER THROUGH E-MAIL OR FAX TO BE LODEGE IT TO BUYER AND SELLER BANKS WITHIN 5 WORKING DAYS

5. WITHIN 3 TO 5 WORKING DAYS OF SIGNED FINAL CONTRACT BY SELLER BUYER � S BANK SWIFT THE NON- OPERATIVE IRRVOCABLE , TRANSFERABLE , DLC TO SELLER BANK .

6. UPON RECEIPT, VERIFICATION, ACCEPTANCE AND AUTHENTICATION OF BUYER� S FINANCIAL INSTRUMENT SELLER� S BANKWITHIN 10 DAYS ISSUES FULL POP TO ACTIVATE THE BUYER� S FINANCIAL INSTRUMENT.

7. DELIVERY AND SHIPMENT SHALL COMMENCE AFTER THE FULFILLMENT OF THE PROCEDURE, STATED ABOVE, AS PER THE TERMS AND CONDITIONS OF THE CONTRACT AND DELIVERY SHALL CONTINUE UNTIL FULL AMOUNT OF CONTRACTED QUANTITY IS DELIVERED.

CONDITIONS
1- NO UPFRONT B/ L OR PAST PERFORMANCE
2- WE DO NOT SEND ANY TYPE OF SAMPLES TO CLIENT ONLY AGAINST CARGO CHARGES
3- ALL DEALS MUST BE DONE BANK TO BANK NO TTM OR VISITING FACTORIES
4- NO 2% PB FOR SPOT DEALS UNDER 50, 000MT

Please Note
These prices may be subject to change without notice the market prices for commodities and products commercialized by SELLER are subject to change without notice.

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