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Soybean oil

We offer soybean oil on a regular basis, but only if you don’t already have enough. Below are the terms and conditions for buying this product:

REFINED SOYBEAN OIL

Specification
Parameter Test value
Free Oil Acidity (Expressed OS Oleic Acid) 0.30%
Max Refractive Index at 40C 1.466-1.470
Peroxide Value (Meg. Gr/Kg) 1.0 Max
Saponification Value 189-195
Iodine Value 120-143
Density at 20C 0.909-0.925
Unsaponifiable Matters 1.5% Max
Appearance Clear Soap Test 0.005% Max
Insoluble Impurity in Ether 0.05 Max
Volatile Matter at 105C Test Negative
Mineral Oil Test Negative
Sesame Seed Oil Test Negative
Cold Test after 24 Hours Negative
FF (Iron) 1.5 Max
CU (Copper) 0.1 Max
PB (Lead) 0.1Max

 

Origin
Seller’s choice

Contract quantity
To be agreed

Packing
Available in consumer packing such as PET bottle, PET/Yellow HDPE bottle, plastic jerry can, metal can/tin, plastic pail, plastic drum, metal drum and flexi-tank in different size.

1 liter, 2 liter, 3 liter, 5 liter, 10 liter, 20 liter PET bottles.

Payment:

For annual contract:

  • Buyer-Bank shall issue a transferrable Bank-Guarantee / SBLC / LC, covering a one month’ quantity and being valid till end of contract + 1 month.
  • Each invoice shall be paid by an irrevocable, transferrable letter of credit, covering a monthly quantity or by MT 103 against documents as per contract.
  • Credit available by negotiation of documents at Seller’s Bank-Counter.
  • Letter of Credit shall be opened by Prime Bank acceptable to Seller / Seller-Bank.

 

For spot lots:

  • By irrevocable transferable letter of credit, payable 100% at sight covering total quantity contracted.

 

Performance bond:
Where applicable.