04 April 2008

Crude Palm Oil

Crude Palm Oil



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Product/Origin: Indonesian Crude Palm Oil in bulk

Quantity: 500 metric tons (Five Hundred Metric Tons) lots.

Price: USD1170.00 per metric ton, FOB Dumai, Indonesia.

Validity: seven days herein.

Specifications: Free Fatty Acid (As Palmitic): 5.0% max at time of loading

Moisture and Impurities: 0.5% max at time of loading

Quality/Quantity: As per PORAM/MEOMA FOB Contract.

Shipment: May 2008. Buyer hereby nominates vessel “L-Star”/Sub with Laycan TBA to lift cargo.

Payment Terms: 30% down payment and CAD (Cash Against Documents)

The buyers are very welcome to have a TTM in our Singapore offices
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- about documents (guidelines)

To be able to proceed, we need in all cases a detailed LOI issued from the buyer or from the seller. This is not because we love paperwork. This is to save time and to work efficiently.
A professional LOI contains ALL informations which are needed to get a professional and fast response.

Immediatly it is clearly to be seen,

-who wants to buy or sell what (including specification),

-under which conditions

-in which amount(s)

-for which (target-)price

-with which procedure

-under which payment terms

-whith which payment instrument(s)

-for which destination (of which origin)

-by using which bank(s)

-for which timeframe

-on seller's or buyer's ORIGINAL letterhead

-never sanitzed








Don't .......

Don't ask for photos, we are no photo-agency and they aren't worth the sending as they proof nothing.
Don't ask for a "past performance" as it says nothing about the seller's ability to supply tomorrow.
Don't ask for pricing without a buyer's LOI......
Don't ask for a FCO without having a positive response to your buyer's LOI.
Don't believe that the sending of a LOI automatically causes the sending of a FCO or draft contract.
Don't send a mail and ask 5 min later, whether it arrived and we have worked on it.......
Don't think we are machines that do not need to sleep, eat....
Don't believe there were no weekends in western europe when offices are closed (...saturdays and sundays...)
Don't think we had no other person besides you to talk to ..... (your inquiery is important for us, but it is NOT the only we are busy with....)
Don't think that deals about several millions of USD are closed within minutes, hours or a day ......
Don't start an inquiery by telling what commission you have to get .... (no contract closed - no commission - no discussion)....

LOI or ICPO.. see below a few informations what we expect
Guidelines to note when preparing documents
(please take notice as we lose a lot of time by 'wrong documents'...)

LETTER OF INTENT (LOI)

1. Freshly dated (not older than 3 working days)
2. The format should be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need complete company name, adress, phone number, fax number and email adress
4. The LOI may be adressed to F.H.U PRO - b2b group deutschland
5. We need the quantity, duration, destination port, price idea, specification and origin, and banking details
6. The documents must be signed and stamped

IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO)

1. Freshly dated (not older than 3 working days)
2. The format should be PDF File
3. The letter head is genuine, check for any signs of cut and paste or scan and edit. In the letterhead we need complete company name, adress, phone number, fax number and email adress
4. The informations must be detailed and we need a specification
5. The ICPO may be adressed to 'the seller through F.H.U PRO b2b deutschland group'
6. Bankers information must be the same as the to the company ordering and as stated in the letter head, if different, then it must be accompanied by a letter of the owners of the bank account attached to the ICPO staiting their authorization of the purchase
7. The documents must be signed and sealed