Need CPO ( industrial uses only )

RFQ Description

Our immediate need is for Non-Edible CPO to European Destinations. Below is a Synopsis from customers LOI COMMODITY: NON-EDIBLE CRUDE PALM OIL (CPO) (For Industrial Use Only) SPECIFICATION: M&I: 0.1% Refractive Index, 50 Degrees C: 1.4491 to 1.4552 Specific Gravity, 42 Degrees C: 0.895 to 0.897 Saponification Value: 195 to 205 Iodine Value: 15 to 19 Peroxide Value: 1% Max Unsaponification Value: 1.2% Melting.Pt. Degrees F (Capillary Slip Method): 80 to 84 Max. FFA (As Oleic): 5% Max TOTAL CONTRACT QUANTITY: 600, 000 MT CONTRACT LENGTH: 12 Months with possible Rollovers and Extensions SHIPMENTS 50, 000 MT per Month x 12 INSPECTION: Quality, Quantity and Weight by SGS or similar at loading port at seller„¢s expense.DESTINATION PORT: Genova, Italy TARGET PRICE: 400USD per Metric Tonne INCOTERM: CIF Genova, Italy (INCOTERMS 2000) PAYMENT INSTRUMENT: Revolving, Irrevocable and Non-Transferable Documentary Letter of Credit (L/C) 100% at sight from Prime Bank TRANSACTION PROCEDURE:Buyer Issues Official Letter of Intent (LOI) plus Bank Details Seller sends Soft Corporate Offer (SCO). Buyer sends ICPO and letter of acceptance of SCO, including Bank Comfort Letter (BCL) or Proof of Funds to Seller via his Bank Seller issues Full Corporate Offer (FCO) and Draft Contract Agreement with Proof of Product (POP) Seller and Buyer sign contract via electronic mail; hard copies are exchanged later. Buyer„¢s Bank Issues Revolving, Irrevocable, Non-Transferable Documentary Letter of Credit 100% at Sight within Five (5) working days of contract signing. Upon verification & confirmation of LC Seller„¢s Bank Issues 2% Performance Bond (PB) Delivery/Shipments starts within forty-five (45) days after confirmation of Banking Instrument For Buyer„¢s reference, Seller to submit the following:Previous Bill of Lading Previous Inspection Report per shipment (COA) Certificate of Origin Export Permit Material Safety Data Sheets (MSDS)Please let us know if you can indeed supply this volume and match both the Specifications and the Price. If so we will contact our client IMMEDIATELY CPO (industrial uses only) Bio - Diesel ,Jatropha oil,Pam oil ,castor oil,linseed oil ,jojoba oil,