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NAME OF THE PRODUCT/COMMODITY: RBDPO Palm Oil
I,., President of .SpA., acting with full corporate responsibility, hereby submit our
International Corporate Purchase Order (ICPO) to purchase the following goods.
By signing, I state with full legal responsibility that we are.., ready, willing and able to purchase the
product/commodity as illustrated below and are the legal signatory with full corporate power to produce the acceptable
banking instruments to activate a valid sales contract between us.
COMMODITY: PALM OIL RBDPO
ORIGIN: EVERYWHERE (as compliant as Kyoto Protocol)
TOTAL QUANTITY: 1.500.000 MT (ONE MILION FIVE HUNDRED THOUSAND METRICTONES) IN 5 YEARS.
MONTHLY QUANTITY : 12.500 MT (Twelve Thousand and Five hundred) 1st trial delivery per 1st month starting,
from 2nd shipment to ahead 25.000 MT (TWENTY FIVE THOUSAND METRICTONES) per month
INITIAL CONTRACT LENGTH : 12 MONTHS, as REVOLVING till 5 YEARS .
PACKING: BULK ON VESSEL
CURRENCY: USD UNITED STATES DOLLARS.
PRICE: US$............................MT CIF (under target price 520USD/MT)
LOADING PORT: ASWP
DELIVERY: CIF INCOTERMS 2001.
DESTINATION PORT: AMSTERDAM (major port UE)
FIRST DELIVERY: 30 DAYS AFTER ACCEPTANCE OF DLC (not over 20 NOV. 2009)
INSPECTION: INSPECTION SHALL BE DONE AT LOADING PORT ONLY BY SGS
PERFORMANCE BOND: 2% PB AGAINST NONOPERATIVE FINANCIAL INSTRUMENT (the LC becomes operative against to PB2% issuing)
PAYMENT TERMS: DOCUMENTARY LETTER OF CREDIT, PAYABLE 100% AT SIGHT DOCUMENTS: IRREVOCABLE,
DIVISABLE, NONTRASFERABLE, AUTO REVOLVING (month by month : only after the 1st
successful shipments).
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