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Welcome to
EliteGlobalTrading.com
- your reliable source for importers and exporters of bulk commodities including crude oil
(REBCO, SLCO & BLCO), gas oil (Russian diesel D2), jet fuel (JP 54),
mazut M100, natural gas (LPG & LNG), quality portland cement
(grade 32.5, 42.5 and 52.5), metals, sugar, crude palm oil (CPO), grains,
urea and other global commodities. We work in close cooperation with
reputable and reliable producers and suppliers who can deliver high
quality commodities at competitive prices simply because we don't have
long chain of brokers or intruders.
We are committed to providing the highest level of quality, integrity and exceptional world class service at all times to all our International clients.
Best Service, High Quality Products, Competitive Prices and Timely Delivery is our philosophy.
Connect with reliable producers of crude palm oil and refined palm
oil
Commodity: CPO (Crude Palm Oil)
according to PORAM specifications
Origin: Malaysia/Indonesia
Minimum order quantity: 10,000 MT/month x 12 months
Price: TBD
Packing: bulk in tanker vessel
Destination: CIF to Rotterdam
Payment Terms:
1 Month
Value Bank Guarantee (BG) + SBLC
Performance Bond: Seller shall post a performance bond equivalent to
the sum of 2% of the shipment value.
Inspection - Quality and Quantity Determination: SGS Independent
Surveyor Company shall be appointed at designated loading port, to
assess the quality and quantity of the cargo. The Seller will pay the
total inspection fee, as per the Surveyor's invoice.
Transaction
Procedure: All documents from Buyer must be on official letterhead
that contains verifiable details.
(1) Buyer issues valid Letter Of Intent (LOI) with full banking
co-ordinates with soft probe authorization or Bank Comfort Letter (BCL)
that clearly states that the buyer is able to purchase the stated
quantity of crude palm oil at the quoted price. LOI must be on Buyer's
letterhead. LOI must contain full verifiable contact details of the
Principal Buyer. LOI must be of current date and not older than 7 days.
(2) Upon successful verification of Buyer’s financial capabilities to
complete the transaction Seller issues FCO to Buyer.
(3) Buyer issues Irrevocable Corporate Purchase
Order (ICPO) to Seller.
(4) Seller/Seller’s representative issues PI or draft contract.
(5) Buyer reviews, signs and returns PI and/or draft contract then
follow by deposit for booking. At the same time, Buyer submits copy of
proposed LC Text to the Seller/Seller’s representative for review and
approval (If paid by SBLC); or make payment via wire transfer /TT
within the stipulated period.
(6) Seller reviews, signs and returns SBLC text to
Buyer.
(7) Buyer shall issue SWIFT SBLC at sight at any
port of
Malaysia or Indonesia.
(8) Delivery and shipment will commence as per the schedule in the
contract.
Buyer is allowed to be present at the loading port at the
time of inspection at his own cost.
If terms are acceptable please submit a formal LOI (view
sample) and BCL to
ceo@eliteglobaltrading.com
We deal with Principal Buyers only
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