 |  | We indent to import Malaysian RBD Palm Olein (CP8) as the details given below:
STANDARD, SPECIFICATION, AND QUALITY OF THE COMMODITES :-
Specifications:
FFA (As Palmetic) : 0.5% Max
Moisture and Impurities %: 0.5% Max
Colour (5 ¼” Lovibond Cell): 2.8 Red Max
Iodine Value (Wijs): 56 Min
MP (AOS Cc 3.25) 22 C min.
Packing : In new Flexibag of 21.5MT (+/- 3%) each.
Quality:
(I) No dust or pollutants that may contain or emit substances dangerous to health, environment.
(2) Fresh product, produced in respective month as per the samples accepted by both parties.
(3) The samples will be provided by the Seller to the Buyer before the shipment).
Quantity:- Total quantity: 21.5 X 5 Containers =107.5 MT per Week
5 X 4 weeks = 20 containers in a Month (21.5 X 5 X 4)
430 MT (+/- 3%) per month for one year (430 MT X 12 Month)
5,160 MT in a Year ( 21.5 X 5 X 4 X 12)
Shipment : By 20ft containers in flexi-bag. Minimum Net weight of 21.5MT
(+/- 3%) per container. Weekly 107.5 MT, Four shipments in a month.
(5) Containers in week, 4 shipments in month, Totally 20 Containers (430 MT) in month.
Delivery : First and every shipment will be 430MT (21.5 X 5 X 4) (20 Containers) (+/- 3%) RBD Palm Olein shall be delivered within 15 days from its LC issued date.
Continuing shipments every week 5 containers per shipment.
INSPECTION : Inspection result on Quality and Quantity/weight shall be done at Seller’s factory, at Seller’s cost.
Buyer may employ another inspection organization to inspect the commodity, at Buyer’s cost.
In the event that Buyer’s and Seller’s inspection results are significantly different,
A third inspection company mutually agreed by both parties can be employed to inspect the commodity, with cost shared by both parties.
PAYMENT TERMS : Within seven (7) Banking Days after signing this Sale and Purchase Contract, the buyerwill issue irrevocable, Non-Transferable Letter of Credit (L/C),
Covering One month shipment to Seller bank or bank commitment to prepare shipment, upon documentation submitted, the bank has to pay 100% shipment value.
Any difference in quantity and quality and monetary adjustments subject to if any, if agreed and accepted by the buyer in writing.
The Letter of Credit (L/C) shall be valid for 90 days.
All bank charges in the country of Buyer are to Buyer’s account and all bank charges outside that country shall be to Seller’s account.
This contract automatically becomes effective for the following 12 shipments/month if the first shipment is delivered and buyer accepts that the shipment is satisfactory according to the contract.
If the first shipment is unsatisfactory, this contract automatically terminates.Price revisable for every three months according to MPOB average price, through negotiation between Seller and Buyer.
Your quote should be CIF Mumbai (Nhava Sheva)
With Regards
Mukhrit Verma
M/s Mineral Castles
27,Pancholi Vihar,Hem Marg,
New Sanganer Road,
Jaipur-Raj-India 302019
Email-mineralcasltes@gmail.com
Tel-0141-2291480
Mobile-+919414073027
Factory- G-128, RIICO Indl. Area
Fatehnagar, Maavli, Udaipur-Raj |