SCO-Crude Rapeseed Oil



SOFT CORPORATE OFFER                                                                                              
To: BUYER


SUBJECT: Sale and Purchase of CRUDE DEGUMMED RAPESEED OIL

We FJ Commerce Ltd, acting with full corporate responsibility and authority as a Seller, hereby wish to confirm that we are willing and able to transact and supply the commodity under following terms and conditions:

COMMODITY: Crude Degummed Rapeseed Oil (as per the specification below)

ORIGIN: Russia

DELIVERY IN BULK (CIF): European port (to be appointed by Buyer)

PACKING: Bulk in ship-tankers, suitable for transportation of  RAPESEED OIL

QUANTITY: …………MT per month (+-5%), one year contract with possible Rolls & Extensions

INSPECTION: By SGS at loading and unloading port. The inspection at unloading port shall be at Buyer's cost, final and binding to the parties

PRICE: 960 USD/MT (Nine Hundred Sixty USD per metric ton), Cost, Insurance and Freight (CIF)

PAYMENT GUARANTEE: 100% Irrevocable, Auto-Revolving Documentary Letter of Credit (ARDLC), covering one month' quantity and operational for the contract term, issued or confirmed by a prime European bank, negotiable and payable at Seller's bank 100% at Sight upon delivery at Port of Destination, against presentation SGS report and shipping documents stated in the contract at the Buyer's bank

PAYMENT TERMS: Payments will be made on a shipment basis, via SWIFT (MT 760/ MT103/23 T/T), by Buyer's bank to Seller's bank

DELIVERY PERIOD: First delivery within 30/45 DAYS after verification and acceptance of the ARDLC, and thereafter every 30 days until the total quantity has been delivered

PERFORMANCE BOND (PB): The Seller will post to Buyer a Performance Bond Guarantee for 2% of the value of each shipment, in form of an UNCONDITIONNAL BANK GUARANTEE

PROCEDURE:
1. Seller issues SCO (Soft Corporate Offer)
2. Buyer issues detail LOI/ICPO
3. Seller issues FCO (Full Corporate Offer)
4. Buyer signs, seals and return the FCO to Seller
5. Seller will issues drafts of the Sales/Purchase contract open for amendments
6. Buyer signs and seals Draft Contract after revision and returns signed Draft Contract (with        amendments clearly marked) via electronic mall to the Seller, along with a BCL





7. Seller issues final contract and the hard copies are signed and exchanged at a face-to-face meeting between the parties or via express international courier
8. Seller is responsible for registration and legalization of the international contract with the Refinery at Ministry of industry and trade of Russia federation and for obtaining of the "Certificate of Product Ownership & Allocation Code”. Seller finalizes and verifies the shipment schedule with shipping Companies and confirms it to the Buyer
9. The Buyer and Seller each lodge a hard copy of the final contract in the respective banks, negotiate and confirm to each other the wording, terms and conditions of Draft of Letter of Credit and wording of PB
10. After Seller's approval of the Draft of Letter of Credit, Buyers Bank, within Five (5) banking days will issue a Non-Operative ARDLC to Seller' Bank
11. Seller's Bank, within Ten (10) days upon receiving Non-Operative ARDLC from Buyer's Bank, will handle a POP (Proof of Product) and will issue a PB in amount of 2% of the ARDLC value that makes the ARDLC "operative"
12. Shipments shall commence after fulfillment the necessary procedures, acceptance of instructions from the Buyer and as per the contracts terms and conditions




SPECIFICATION:
Parameter
Method
LIMIT VALUE
DIN 51605
Unit
Density (at 150 C)
DIN EN ISO 3675 or DIN EN
900 -930
kg/m3

ISO 12185


Flash point by P. -M
DIN EN ISO 2719
min. 220
°C
Cinematic viscosity (400 C)
DIN EN ISO 3104
max. 36,0
mm2/s
Calorific value, lower
DIN 51900 -1, -2, -3
min. 36000
kJ/kg
Cetane Number (DCN)
IP 498/ DIN EN 15195
min. 39
-
Carbon Residue Mass
DIN EN ISO 10370
max. 0,40
n.C. % (m/m)
lodine value
DIN EN ISO 14111
95- 125
g Jod/1009
Sulphur content
DIN EN ISO 20884
max. 10
mg/kg
Total Contamination
DIN EN 12882
max. 24
mg/kg
Erucic Acid value
DIN EN 14104
max. 2,0
mg KOH/g
Oxidation stability 1100 C
DIN EN 14112
min. 6,0
h
Phosphorus content
DIN EN 14107
max. 12
mg/kg
Saponification Value
DIN EN 51559
170- 179

Unsaponification Matter
USP 24
Max. 1.5
%
Earth alkali content (Ca+Mg)
E DIN EN 14838
max. 20
mg/kg
Oxid Ash content
DIN EN ISO 6245
max. 0,01
mass-% (m/m)
Water content K.-F.
DIN EN ISO 12937
max. 750
mg/kg







VALIDITY: This Offer is valid for 7 days and subject to unsold and changes


Please confirm with a detail LOI/ICPO (a Draft is attached), if you are interested. 

Няма коментари:

Публикуване на коментар