Palmadex Palm Oil

What is Palm Oil?
Palm oil is produced from the fruit of the oil palm (Elaeis guineensis). They grow naturally in tropical rainforest areas, but they also are being planted and farmed especially to produce more palm oil. Palm oil has many useful properties. It is semi-solid at room temperature and so does not need to be chemically hardened. It is also neutral in taste and very stable when heated; it has a long shelf life and makes foods particularly spreadable. On account of these properties, palm oil is used in products as diverse as margarine, convenience foods, baked goods, and confectionery, as well as in the manufacture of candles, cosmetics, soaps, and detergents. Because of these unique natural characteristics, it is very difficult to find substitutes for palm oil. Nigeria is a large producer of palm oil, and it is recognized in the global market.

Palmadex Palm oil Trade Specification
Purity: Minimum of 98%
Admixture: Maximum of 2%
Oil Content: Minimum of 50%
Moisture Content: Maximum of 10%
Inspection: SGS

TRADE SPECIFICATIONS
Origin: Nigeria
Product Type: Palm Oil
Physical Specification: On Buyer’s Specification
Quantity: On Buyer’s Specification
Price: Open to Negotiation / Metric Tonne
Trade Process: Ex Works/FOB/CIF
Payment Method: 100% irrevocable SBLC or L/C
Shipping Time: 15 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

To Contact:
: +234(80)66579079
[email protected]
cc: [email protected]

TRADE PROCESS

Cost Insurance and Freight (CIF)

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):

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.