PROCEDURE:
    1.Buyer issues LOI+CIS
    2.Seller issues FCO same day Buyer confim and sings FCO
    3.Seller issues Draft SPA
    4.Parties agree and signs SPA
    5.Seller issues Proforma Invoice
    6.Buyer returns signed Proforma Invoice
    7.Buyer issues Draft LC for appoval( By irrevocable transferable divisible and confirmed 100% LC payable at sight -at sight means: loading port)
    8.PB2% is provided to the buyer’s bank after opening LC
    9.Loading starts within max 4 weeks
    10.Payment released by SWIFT MT 103 against of original shipping docs at Loading port

    FOR ANSWER TO YOUR FUTURE QUESTIONS,
    WE NEED REQUEST AS PER SIMPLE FORM:

    – Monthly qty:
    – Total qty :
    – Destination:
    – Packing :
    – Buyer’s bank:
    – Price for change certificate of origin +20usd/mt

    REFINED SUNFLOWER OIL

    Winterized, deodorized, free from foreign matters, any other oils and animal fats – first class quality for HUMAN CONSUMPTION.

    Specification
    First class export quality refined sunflower oil (standard specification)
    Crude sunflower oil (CSFO) or refined sunflower oil (RSFO) can be supplied GMO or non GMO.
    The specification can be downloaded RSFO Specifications 

    Certification
    EUR 1 (Form A) Certificate shall be provided – depending on the origin.
    T2L Certificate available – depending on origin.

    Origin
    CHINA or seller’s choice.

    Contract quantity
    – Spot shipments min. 5,000MT.
    – Minimum 5,000MT x 12 months for annual contracts.

    Packaging
    1L – 2L – 3L – 4L – 5L – PET bottle – other volumes upon request.
    Flexitank possible.

    Labeling:

    The buyer can choose his own label to print on the bottles, as all bare costs are included in the contract. If he has his own label, he has to share the printing program.

    Payment:

    For annual contract and for spot lots:

    • By Irrevocable Transferable, Divisible and Confirmed 100% LC Payable At Sight (Meaning Loading port)
    • LC Should Be Opened And Confirmed From First Class International Bank.

     Performance bond:
    Where applicable.

    Shipping time
    Approximately ASAP after availability and acceptance of funds

    SGS inspection (quality, quantity) at port of loading
    At seller’s expense

    SGS inspection (quality, quantity) at port of unloading
    At buyer’s expense

    CRUDE SUNFLOWER OIL

    Specification
    The specification can be downloaded CSFO Specifications

    Certification
    EUR 1 (Form A) Certificate shall be provided – depending on the origin.
    T2L Certificate available – depending on origin.

    Origin
    at Seller’s option

    Contract quantity
    – Spot shipments are not possible.
    – Minimum 10,000MT x 12 months for annual contracts.

    Packaging
    – BULK / VEGOIL-TANKER or
    – FLEXITANK possible

    Payment:

    For annual contract:

    • By Irrevocable Transferable, Divisible and Confirmed 100% LC Payable At Sight (Meaning Loading port)
    • LC Should Be Opened And Confirmed From First Class International Bank.

    Performance bond:
    Where applicable.

    Shipping time
    Approximately 30 days after availability and acceptance of funds

    SGS inspection (quality, quantity) at port of loading
    At seller’s expense

    SGS inspection (quality, quantity) at port of unloading
    At buyer’s expense