Regular shipments of low-grade crude palm oil available as non-food, low-cost feedstock for biodiesel production or as green fuel for bio-power plants (direct or co-firing).
This is not sludge, but contract-manufactured low-grade oil.
Specifications: FFA content: 40% max - M&I: <2%
Quantities: minimum 4,000 mt per shipment
Sales contract: long-term contracts only
Packing: bulk in tanker
Shipping: tanker vessel
Price: US$420/mt FOB Indonesian port
Payment: revolving letter of credit with 2% performance guarantee