Commodity  trading

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                VEGETABLE   OIL

 

                                                 

                           

                                        SOFT OFFER OILS

                                                                 2015

 

 CIF  CONTRACT 12 MONTHS PRICES

                                                         

CRUDE AND REFINED   SPOT  

 

 

ALL SHIPMENTS HAVE TO BE EQUAL IN QUANTITIE


 OILS ORIGIN

 

CANOLA OILS

Brazil, South Africa, Malaysia

COCONUT OILS

Vietnam, South Korea, Philippines, Indonesia, Malaysia

CORN OILS

Russia, Germany, Canada, Malaysia

JATROPHA OILS

Vietnam, South Korea, Philippines, Indonesia, Malaysia

PALM OILS

Vietnam, South Korea, Philippines, Indonesia, Malaysia

RAPESEED OILS

Vietnam, South Korea, Philippines, Indonesia, Malaysia

SOYBEAN OILS

Malaysia, India, Vietnam, USA

SUNFLOWER OILS

Vietnam, South Korea, Philippines, Indonesia, Malaysia

OLIVE OILS

South America, South Africa, Turkey, Morocco

 


QUANTITY/20 FT
    CONTAINER


 PAYMENT TERMS

Irrevocable, Transferable, Confirmed , Auto- Revolving DLC Letter of Credit 100% Payment at Sight against
    presentation after discharging at UNLOADING PORT of shipping documents at Seller Bank and issued
    from Top Western Prime Bank or by BG or SBLC MT103/23 100% at sight for SPOTS .

PAYMENT OF THE AGREEMENT QUANTITY OF (MONTHLY QUANTITY)…MT (+/-5%) OF THE TOTAL QUANTITY
SHALL BE EFFECTED BY A MONTHLY REVOLVING TRANSFERABLE DIVISIBLE LETTER OF CREDIT TO SELLER’S BANK
FROM BUYER’S BANK FOR THE MONTHLY CONTRACT VALUE . THE MONTHLY REVOLVING TRANSFERABLE DIVISIBLE
LETTER  OF  CREDIT  SHALL  BE :  AUTOMATICALLY  REVOLVING,  IRREVOCABLE,  TRANSFERABLE,  DIVISIBLE,

UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED UPON AND CONFIRMED BY ONE OF THE 50 WESTERN PRIME WORLD BANK.

AND

THESE PAYMENT TERMS WILL BE GUARANTED THROUGH A IRREVOCABLE PRIME BANK STAND-BY LETTER OF CREDIT OR BANK GUARANTEE FOR THE VALUE OF 1(ONE) MONTHS .   COVERING THE LAST MONTH SHIPMENT QUANTITY  AND  VALUE  THAT  WILL  ACT AS A  COLLATERAL  SECURITY  GUARANTEE  TOWARDS  SUCCESSFUL COMPLETION AND LIFTING OF THE CONTRACTED QUANTITY, AND WITH A MATURITY DATE OF 14 MONTHS.
THE  SBLC  OR  BG  SHALL  BE  IRREVOCABLE,  TRANSFERABLE,  DIVISIBLE,  UNCONDITIONAL,  UNRESTRICTED, UNENCUMBERED UPON AND CONFIRMED BY ONE OF THE 50 WESTERN PRIME WORLD BANK.

INSPECTION

S.G.S Inspection for Quality and Quantity Service at Seller’s Cost will inspect the
    Commodity at Loading Port and at Buyer’s Cost will inspect the Commodity
    at Unloading Port

 

PERFORMANCE BOND

BG: The Seller only post 2% PB if the Buyer pay with Bank Guaranty either for spot over 12,500mt or 12
                                                                       months contract .

DLC: The Buyer can hold 5(five) % 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 5 (five) % to the Seller
                                                                  within 4 days T/T.


 

PROCEDURES

 

1.  BUYER ISSUES LOI/ICPO WITH SOFT PROBE AUTHORIZATION OR SIMPLE BCL OR RWA AND
      NCNDA at the End Seller:  via : Vincenzo Porto

 

2.  SELLER OR IS MANDATE  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

3.  WITHIN 3 TO 5  WORKING DAYS OF SIGNED FINAL CONTRACT BY SELLER BUYER ‘S BANK    SWIFT
      THE NON- OPERATIVE IRREVOCABLE , TRANSFERABLE, DIVISIBLE ,SBLC and DLC TO SELLER
      BANK .

4.  UPON RECEIPT, VERIFICATION, ACCEPTANCE AND AUTHENTICATION OF BUYER’S FINANCIAL
      INSTRUMENT SELLER’S BANK WITHIN 10 DAYS  ISSUES FULL POP TO ACTIVATE THE BUYER’S
      FINANCIAL INSTRUMENT.

 

5.         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 CON-
TINUE UNTIL FULL AMOUNT OF CONTRACTED QUANTITY IS DELIVERED.

CONDITIONS

NO UPFRONT B/L OR PAST PERFORMANCE

2-  WE DO NOT SEND ANY TYPE OF SAMPLES TO CLIENT

3-     ALL DEALS MUST BE DONE BANK TO BANK NO TTM OR VISITING FACTORIES

Please Note

These prices may be subject  to change without notice

 

We look forward to doing future business with you.

With Best Regards,

Members Area


CEMENT

12500MT x 12 MONTH  price  73USD

SUGAR offer 12500MT x 12 MONTH 480 USD$

RAILS

12500MT x 12  price  430USD