Amar,Aaron & Co.
Company Details
Company Introduction
1. NAME OF PRODUCT : Crude Palm Oil2. ORIGIN : Indonesia / Malaysia3. SPECIFICATION : - PORAM StandardFFA (as Palmitic acid) 5.0 % maxM&I (Moisture & Impurities) 0.5 % maxIodine Value (Wijs) 50 - 55 minMelting Point Degrees C 33 Degree-39 Degree maxDobi Value 2.31 min4. Quantity : 10,000 MT per month (min)5. Delivery Period : upon contract6. Price : MPOB or Rotterdam (Nego)7. Payment Terms : Irrevocable, Unconditional SBLC of one (1) month Contract Value, and every shipment of FOB will be Paid by TT or E-Banking8. Delivery Terms : FOB Indonesia / Malaysia9. Delivery : For the delivery within 30-45 days after receiving and Confirmation of SBLC bank instrument10. Contract Duration : 12 months and may be extended for additional years11. Quality/Weight : Shore Tank Weight and Quality Report will be final.12. Inspection : By SGS or independent surveyor Company13. Loading Port : Dumai or Belawan port, Indonesia / Malaysia Port14. Adjustment Prices : If the Rotterdam Benchmark prices monthly AverageIncreases or Decrease, then the price will befollowing For every 3 month&＃39;s + or - 15%15. Shipment : In bull16. Transaction Procedurea) Buyer issues Letter of Intent (LOI)b) Seller issues Soft Offerc) Buyer issues Irrevocable Corporate Purchase Order (ICPO) and acceptance ofSoft Offer. In the ICPO the Buyer provides the name of their Banker, address,telephone and fax number, Bank account number, Branch Code, BankSWIFT/Sort Code number, Bank Officer&＃39;s name.d) Seller issues Full Corporate Offer (FCO) and Draft Contracte) Seller and Buyer signs Contract via electronic ma l and the hard copies to beexchanged later.f) Buyer&＃39;s Bank issues SBLC via SWIFT CODE.
Company Information
