TO WHOM IT MAY CONCERN

FOR SALE: RBD PALM OLEIN CP8

REF: RBD PALM OLEIN CP8


With reference to the above-mentioned, we would like to take your kind attention that we have been authorized to sell the above commodity based on the specification below by a substantial global Merchandising and one of the leading Palm Olein CP8. Herewith are the details for your perusal.


1. PRODUCT SPECIFICATION (As Per PORAM)


a. Type:              RB OLEIN CP8
                                                            Method                                      Result
b. Free Fatty Acid (As Palmitic)         : AOCS Ca 5a-40                     0.1% Max
c. Moisture &  Impurities (%)     : PORUM 2.1 & 2.2           0.1% Max
d. Iodine Value (WIJS)                       : AOCS Cd 16-92                     6Min
e. Slip Melting Point (Degree)             : AOCS Ca 3-25                       24oC Max
f.  Colour                                            : OCS Ca 13a-92                      3 Red Max


2. ORDER QUANTITY                     Min. Two Hundred Thousand Metric Ton (200,000Mt)


3. CONTRACT PERIOD                   TBA.


4. PACKAGING                                  Bulk


5. PRODUCT ORIGIN                      Malaysia


6. DURATION OF DELIVERY          Approximately (+-) thirty (30) Days AFTER validation and
                                                               confirmation of Bank documentary Letter of Credit. The duration
                                                               specified is inclusive of time of goods shipment.
 7. PORT OF DELIVERY                    TBA (Any safe world Port INCOTERM 2000 – ICC600)


 8. SALES PRICE (F.O.B)                  :  (as per market current price)


 9. MODE OF PAYMENT 
a)  Product Booking/Deposit: One Percent of Purchase Order.
b)  Full balance by Bank Documentary: Bank Draft/ Letter of Credit or Standby Letter of Credit (SBLC)


 10. TERMS & CONDITIONS
a)  Full Corporate Offer and Draft Contract to initiate the Agreement will only be issued upon acknowledging and signing this Offer/ Quote letter.
b)  All documentation pertaining to the sales/booking, commodity availability, shipping dates, export license will only be issued within Ten (10) working days or whichever comes first AFTER payment of Product
Booking and also verification and authentication of buyer’s Bank Documentary Letter of Credit (LC).
c)  Upon signing the Memorandum of Agreement, Buyer to issue and submit to Seller the LC within Five (5) working days, failing to do so the Agreement is considered Null and Void. Any initial/deposit or any  payment received is NOT transferable to any other work load or assignment. Any cancellation or termination of contract due to any delay after preparing documentations and order submission will be dealt with  50% penalty being a non-performance.
d) Memorandum of Agreement (MOA) is subjected to the final details/ Invoices or of sales contract. Goods payable by Bank documentary Letter of Credit issued must be (Transferable, Divertible, Revocable, Negotiable and Confirm to cover 100% of the Purchase Price.)


Due to the global demand on Palm-oil and fluctuation of the desired currency (us$/RM); This proffer is current active and valid only for every Five (5) days. I thank you in advance on your interest and look forward for your promising reply. Should you have any urgent queries pertaining to this matter, please do not hesitate to contact me directly at jutawansawit@gmail.com


Thank you.