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Vedco Resources Sdn. Bhd

Crude Soybean Oil

Company Info
Company Published: 2007
Online Postings: Products , Selling Leads
Country/Territory: Malaysia
Business Type: Trading Company
Number of Employees: Less than 5 People
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Detailed Product Description

Hi,

This is what our seller can supply.
Terms as below ONLY.
Commodity: Crude Degummed Soybean Oil
Type:  Standard Export Quality.
 
Specifications
 
Free Fatty Acid A1V 1.00% Max
Moisture and Volatile matters 0.20% Max special
Impurities 0.10% Max
Lecithin (Expressed in Phosphor) 0.02% Max
Sediment (Gardner Break test) 0.10% Max
Unspecifiable matter 1.50% Max
Colour 50 yellow Max/5 red Max
Oil Flash Point 250° F Min
Ca+Mg content 5ppm Max
Linolenic Acid 12% Max
Polyunsaturated  4 double = bonds
Methyl esthers 1% Max
Unsaponificable 1.7% Max
Sulphur content 10 ppm Max
Oxidation Stability > 6 h.
 
Country of Origin:  Brazil or South America.
Package:    50 Kg PP Bags.
Shipment Method:   Bags.
Quantity:    7.700,000 MT (+/-5%).
Period of Shipments:  48 Months.
Incoterms:   CIF.
Destination Port:  ASWP. 
Country of Destination:  ASWP.
Target Price: USD 680.00 MT.
Inspection:  SGS/CCIC/CIQ or any International Certificate Co. of high reputation.
 
Payment Terms:  By RDLC Unconditional, Transferable, Divisible, Irrevocable, Divisible and Cash Backed, from a TOP 25 Prime Bank issue and acceptable by seller, covering 12 months of shipment renewable until the totality of shipment of contract.
Performance Bond:  Performance Bond 2% (two percent) submitted by Seller.
 
PROCEDURES.
 
1.  Buyer issues the LOI, (this document).
 
2.  Seller issues the FCO.
 
3.  Buyer signs, seals and return the FCO, with LOI + BCL  or ICPO with full banking coordinates and permission for Soft probe of founds
 
4.  Seller issue's draft of contract.
 
5.  Buyer signs the draft contract and sends it back to the Seller.
 
6.  Buyer's bank sends by swift to the Seller's bank the POF for the amount of
     each shipment.
 
7.  Seller's will send the POP to the Buyer's bank.
 
8.  Buyer's bank issue and send by swift the LC 100% at sight to the Seller's
     bank within 48 hours after receive the POP.
 
9.  Seller posts Performance Bond (PB) for the value of 2%.
 
10.  Seller signs the final contract and returns it to buyer.
 
11.  Shipment begins. Buyer can made a physical inspection together with SGS  
          at the time of loading of product. 
 
 
Validity:   Until February 28th, 2008

If interested, please get back to me asap as the offer price is very low.

Thank you.

Rgds,
Adrian Moreira

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Vedco Resources Sdn. Bhd
[Malaysia]

Street Address : 89 Jalan Kempas 1 / 5, Taman Kempas Indah

City : Kulim

Province/State : Kedah

Country/Region : Malaysia

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