Palmadex Rubber
Palmadex Rubber
What are Rubbers?
Currently, rubber is harvested mainly in the form of the latex from the rubber tree (Hevea brasiliensis) or others. The latex is a sticky, milky and white colloid drawn off by making incisions in the bark and collecting the fluid in vessels in a process called “tapping”. The latex then is refined into rubber that is ready for commercial processing. In major areas, latex is allowed to coagulate in the collection cup. The coagulated lumps are collected and processed into dry forms for sale.
Natural rubber is used extensively in many applications and products, either alone or in combination with other materials.
Palmadex Rubber Trade Specification
PRODUCT SPECIFICATIONS (RUBBER):
Impurities: Maximum of 2%
Moisture Content: Maximum of 10%
Inspection: SGS, Cotecna, Bureau Veritas, Intertek
TRADE SPECIFICATIONS
Origin: Nigeria
Product Type: Rubber
Quantity: On Buyer’s Specification
Price: Open to Negotiation / Metric Tonne
Trial Order: 18 Metric Tonnes (One 20 ft Container Load)
Trade Process: FOB/CIF
Payment Method: 100% irrevocable and confirmed L/C
Shipping Time: 15 to 25 days after confirmation of L/C
Loading Port: Lagos, Nigeria
SHIPPING DOCUMENTS
Bill of Lading
Certificate of Origin
SGS Inspection Certificate
Phytosanitary Certificate
Fumigation Certificate
Commercial Invoice
Packing List
TRADE PROCESS
Cost Insurance and Freight (CIF):The seller handles everything from loading the vessel, paying for insurance, and shipping the product to the country the buyer wants it delivered.
Freight On Board (FOB):The seller is responsible for handling the transportation of the goods to the port of shipment and loading cost. Once the goods are loaded on the ship, all liabilities transferred to the buyer. Liabilities like unloading, insurance, marine freight transport and transporting products to its destination.
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