Description
DRAFT SOFT CORPORATE OFFER FOR CDRO
Commodity: Crude Degummed Rapeseed Oil (CDRO) Biodiesel Production
With Sustainable ISCC Registers (E DIN ****5)
Origin: Russia ,Ukraine
Packing: In Bulk
Price: CIF $**0.**-USD
Quantity: 5.**0 - *0.**0/MT X *2 Months (CONTRACTUAL/1 Year)
Insurance: **0% Of The Contract Value
Payment Terms: TOP *5 Bank’s Bank Guarantee (BG) via SWIFT MT**0 To
Sellers Bank **0% Face Value Of The (PI).
Inspection: SGS or Equivalent Inspectors At Loading Port, On Seller
Account
Delivery Port: Buyer Discharge Port
Delivery Schedule: *1 - *0 Days
Performance Bond: 2%
Specification: Seller Will Specify In Full Corporate Offer
Price Mode: CIF
CERTIFICATE/ DOCUMENTS
- Certificate of Traceability
- Certificate of Stable Supply
- Certificate of Analysis/ (Dip Test Analysis)
- Material Safety Data Sheet
- Certificate of Origin of the Product
- Company Registration Certificate
- Statement of Product Availability
- ISCC/ RSPO certificate (For European Buyers Only)
- EUR*1, T2L (For European Buyers Only)
PROCEDURES :
1) Sellers issue FCO.
2) Buyer Sign acceptance of FCO and Issue ICPO with Bank
coordinate.
3) Seller issue PI/ SPA for contract.
4) Buyers sign and send a copy PI/ SPA to buyers bank.
5) Sellers forward a copy of PI/ SPA to sellers Bank.
6) Buyers bank contact sellers bank for confirmation of submission
of SPA/ PI.
7) Buyers Bank issue "BG" via SWIFT MT**0 to sellers bank **0% face
value of the PI.
8) Seller bank confirm authenticity of the BG via swift and proceed
to production.
9) Seller send Proof of Product (POP) to the Buyer.
*0) Buyer confirms SGS or CIQ at discharge port.
*1) Buyer within 5 banking days after the cargo passed SGS or CIQ
make payment via T/T wire transfer.
*2) Subsequently, the above procedure repeat its self as per the
contract duration.