Crude Rapeseed Oil -Canola for industrial use
Origin-Canada - Ukraine - China, Seller option
Quantity/Term-10,000 mt per month MIN - 20,00 mt per month
MAX X 12, price fixed for one year
Specs-Standard or German - see typical below
Pack/Delivery-Ship to tank- CIF Hamburg or Rostock ports
Target Price-INDEX Price = Rotterdam/Hamburg Crude RSO in
tank minus negotiable discount
1st shipment -Frequency-30 days after DLC opened - then every 30-45 days
Payment-100% each shipment by DLC, automatic, revolving, transferable,
divisible, and irrevocable, payable at sight against documents by a prime bank.
Performance bond-2% times the value of DLC
Insurance-110% X cargo value, all risks coverage
Inspection-SGS or equal at loading port for quality and quantity,
Buyers Company and Bank Information-to be provided after the time of
confirming that requirements are met.
Typical Minimum Specifications
Density -at 15 deg C- 900-930 kg-m3.
Flash Point-220 deg C -closed up, Pensky-Martens method
Calorific value-35.000 kJ/kg
Cinematic viscosity-38 mm2/3 at 40 degC
Sulphur content-20 mg/kg
Neutralization number-2.0 mg KOH/g
Phosphorus content-15 mg/kg
Water content-75 mg/kg
Lovibond-Red max 1, Yellow max 6, Blue max 110
C 16:O 2.4-8.0 % Palmitic Acid
C 18:O 0.9-2.5 %
O 18:1 50.0-60.0 %
C 18:2 18.0-25.0 %
C 18:3 6.0 -10.0 %
C 20:2 max. 1.5 %
C 22:1 max 2.0 % -Erucic acid-
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