Detailed Selling Lead Description

SOYBEAN CRUDE OIL FOR BIODISSEL PRODUCTION CIF ASWP

COMMODITY: SOYBEAN CRUDE OIL Standard International Specifications

Free Fatty Acid ¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­. A1V1.25%Max Moisture and Volatile matters ¡­. 0.20% Max special Impurities ¡­¡­¡­¡­¡­¡­¡­¡­¡­........¡­ 0.10%Max Lecithin (Expressed in Phosphor).. 0.02%Max Sediment (Gardner Break test)¡­.. 0.10%Max Unspecified material ¡­¡­¡­¡­....¡­.. 1.50%Max Colour ¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­......... 50 yellow Max/5 red Max Oil Flash Point ¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­. 250=BA F Min Ca+Mg content ¡­¡­¡­¡­¡­¡­¡­.....¡­ 5ppm Max Linolenic Acid ¡­¡­¡­¡­¡­¡­¡­¡­....... 12% Max Polyunsatur ¡­¡­¡­¡­¡­¡­¡­¡­¡­¡­..... 3D 4 double=bonds Methyl esthers ¡­¡­¡­¡­¡­¡­¡­¡­..... 1% Max Unsaponificable ¡­¡­¡­¡­¡­¡­¡­..... 2% Max Sulfur content ¡­¡­¡­¡­¡­¡­¡­¡­.... 10ppm Max ORIGIN: ARGENTINA or BRASIL, SOUTH AMERICA QUANTITY: 300.000 METRIC TONS +/- 5% CONTRACT LENGTH: 25.000 MT X 12 (CONTRACT 12 MONTHS). Shipments of 12,500 MT, 25.000 MT or 50.000 MT. DELIVERY TERMS: CIF ASWP FIRST SHIPMENT: 30 to 45 Days after Financial Instrument in place FOLLOWING SHIPMENTS: EVERY 30 DAYS AFTER THE FIRST INSPECTION: QUANTITY, QUALITY, WEIGHT AND ANALYSIS REPORT BY SGS. PACKING: IN BULK PERFOMANCE BOND: 2%. PAYMENT: RDLC (Revolving Documentary Letter of Credit) + BG (BANK GUARANTEE), Top 25 Bank. PRICE: USD $ 745. (TOTAL CONTRACT VALUE USD $ 223.500.000; TOTAL VALUE BG FOR THE 06 (SIX) MONTHS USD $ 117.750.000; TOTAL VALUE IN RDLC FOR 01 (ONE) MONTH USD $ 18.625.000, DURING 06 (SIX) MONTHS). UNCONDITIONAL, TRANSFERABLE, ASIGNABLE AND DIVISIBLE BANK GUARANTEE (BG) FOR QUANTITY OF 06 (SIX) MONTHS ISSUED AND CONFIRMED BY A TOP 25 (TWENTY FIVE) WORLD BANK AND ACCEPTABLE TO SELLER. BG TEXT WILL BE SUBMITTED TO SELLER FOR APPROVAL, THE BG WILL HAVE A MATURITY OF 12 MONTHS. (RDLC) REVOLVING DOCUMENTARY LETTER OF CREDIT PER 1 (ONE) MONTH PAYABLE AFTER THE DELIVERY OF SHIPMENT DOCUMENTS, COVERING IN THE MAXIMUM THE PAYMENTS UP TO 06 (SIX) MONTHS.