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Price can be fixed quarterly using a pricing mechanism based on the MPOB prices if buyer wishes to hedge. Alternatively, pricing can be established monthly against the going MPOB prices if the buyer wants a pricing mechanism that adjusts with market movements.

PALM FATTY ACID OIL - PAO

Price:                       CONTACT US  

Quantity:                            5,000 MT per month
Origin:                                  Indonesia
Packing:                              Bulk
Specifications:
FFA(as palmatic):            10% to 40%       (looks like this is the higher grade from what you have told me – golden yellow)
Moisture:                           3.% below
Total Fatty Material:      97.4%
Port of Loading:               Palembang, Indonesia
 

PALM FATTY ACID DISTILLATE - PFAD

Price:                       CONTACT US  

• Port of export:                 FOB  Bintulu

• Product origin:                 Malaysia

• Quantity:                            Trial shipment of 2, 500 MT

• Specs:                                  PORAM specs

Contract:                      As this is a new buyer, the supplier wishes to start with a trial shipment. He will negotiate a three month contract after completion of trial shipment. Longer term contracts to be considered thereafter.

• Delivery:  Nominated vessel needs to arrive between 10 – 30 March.

Packing:                              Bulk. Tanker vessel. Buyer to arrange.

Payment terms:              Stand by letter of credit (SBLC) in favour of Tradex Asia Malaysia (details to follow) 

Supply option 2:

• Basis:                                    FOB

• Port of export:                 Klang

• Product origin:                 Malaysia

• Quantity:                            1000 MT / month. Can Turkish Biofuels take this amount? If not, I will try and negotiate a lower amount for them.

• Specs:                                  PORAM specs

• Packing:                              Flexi-tanks. Price offered includes cost of flexi´s

• Contract:                            To be negotiated.

• Delivery:                             Product available immediately. First delivery can be for March 2008.

• Payment terms:              Stand by letter of credit (SBLC) in favour of Tradex Asia Malaysia (details to follow) 

Bank Guarantee: 100% of the total amount for TWO (2) month from the beginning of the contract.

Inspection Agency: By SGS Certificate and/or other responsible recognized  Surveyor

 

Loading: Quality, Quantity and Weight confirmation and accepted on Loading.

 

Seller to Provide: Vessel Name, Port of Loading, Quantity to be Loaded, Dates to give in the draft contract.

 

MORE SPECIFICATIONS: ACCORDING TO CONTRACT.

 

Summary Procedure:  Seller sends FCO to the Buyer

 

1. Buyer accepts this FULL CORPORATE OFFER (FCO) by duly

signing and sealing the offer and by issuance of it’s banking details.

 

2. Seller sends Draft Contract and banking coordinates

 to the Buyer.

3. After revision Buyer sends draft contract signed and sealed and Seller sends it back it in pdf format, Signed and closed. Final Contract is sent by international courier to the Buyer to be lodged in their respective Banks.  In a maximum term of 5 banking days, the Buyer sends the letter of credit to the Seller’s bank.

4. After L/C issued delivery commences. The first boat should arrive beetween 45up to a max of 60 days, depending of the port of discharge.

5. Up on Buyers demand Seller may present to the Buyer any specific document available about the refineries or product involved in this deal.