Newsticker

2018
-

We are offering the rapeseed oil on regular basis subject unsold.
Below you may find the terms and conditions under which we are selling this commodity:

CRUDE DEGUMMED RAPESEED OIL

Specification
- The specification is in accordance to DIN 51.605 and can be downloaded by clicking on This link
- With sustainable certificate issued by competent authority / company - ISCC certificate.
- Specification with higher flashpoint is also possible upon special buyer's request.
- Parameters for phosphorus content can vary at Buyer's choice.

Origin
At seller's choice

Minimum contract quantity
- For spot shipments: 5,000MT (five thousand metric tons)
- For annual contracts: 2,000MT (two thousand metric tons) x 12 months

Packaging
- If shipment equal or above 12,500MT: In bulk in special vegoil vessel
- If shipment below 12,500MT: flexible tanks

Payment:

For annual contract:

• Buyer-Bank shall issue a transferrable Bank-Guarantee / SBLC / LC, covering a one month’ quantity and being valid till end of contract + 1 month.
• Each invoice shall be paid by an irrevocable, transferrable letter of credit, covering a monthly quantity or by MT 103 against documents as per contract.
• Credit available by negotiation of documents at Seller's Bank-Counter.
• Letter of Credit shall be opened by Prime Bank acceptable to Seller / Seller-Bank.

For spot lots:

• By irrevocable transferable letter of credit, payable 100% at sight covering total quantity contracted.

Performance bond:
Where applicable.

Shipping time
Approximately 30 days after availability and acceptance of funds

SGS inspection (quality, quantity) at port of loading
At seller’s expense

SGS inspection (quality, quantity) at port of unloading
At buyer’s expense