Soft Offer of Crude Palm Oil (CPO) Information

Product: Crude Palm Oil (CPO)
H.S. Code No.: 1511.10.00
Origin: Malaysian/Indonesia

Specifications: As per PORAM/MPOB Standard

1. Free Fatty Acid (as Palmitic Acid): 5.0%;
2. Moisture & Impurities: 0.5%Max.;
3. Melting Point: 36-39% deg. C;
4. Iodine Value (Wijs Method): 56 min.
5. Colour: 3.5R/ 5.5Y Max.
6. DOBI: 2.31

Trading Requiremnet & Information

• PRICE: MPOB price – market price at the of signing of agreement.
  (e.g.USD $1,110.00 FOB Malaysian Port, Malaysia as at 10-05-2012 before duty).
• Duty: Malaysia imposed export duty 23%.
• Shipment: Starting dd/mm/yyyy for one year. xx,000MT per month.
• Proof of Fund: Buyer to issue LOI and provide proof of fund after accepting the soft offer.
• Proof of Product: Seller to provide proof of product with report from recognized international cargo surveyor like SGS on quantity and quality.
• Transaction procedure: Buyer accepts FCO and the Seller shall issue draft contract to buyer.
  Contract for xx months and buyer to issue SBLC for one month value of contract for contract validity + TT upon receipt of goods or by Irrevocable L/C at Sight After
  signing S&P, buyer must within 5 working days issue Standby LC for xx,000MT, Partial shipment & partial claim allowed or xx,000MT per shipment by x shipments per month,
  

Daily CPO Price

Alternatively, you may send your further enquiry to [email protected]