FOSFA Contract

FOSFA Contract

The Federation of Oils, Seeds and Fats Associations (FOSFA).
FOSFA is a professional international contract issuing and arbitral body concerned exclusively with the world trade in oilseeds, oils and fats with over 850 members in 75 countries (2009). These members include producers and processors, shippers and dealers, traders, brokers and agents, superintendents, analysts, shipowners, tank storage companies and others, providing services to traders.
FOSFA has an extensive range of standard forms of contracts covering goods shipped either CIF, C&F or FOB, for soybeans, sunflowerseeds, rapeseed, and others, vegetable and marine oils and fats, refined oils and fats, from all origins worldwide, for different methods of transportation and different terms of trade. Internationally, 85% of the global trade in oils and fats is traded under FOSFA contracts.

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
4th CONTRACT FOR OILSEEDS IN BULK FOB TERMS. Revised and Effective from 1st January. Reference Nos
SELLERS: BUYERS: BROKERS: Date:
Quality:
-Oil content basis 44% tale quale sample, reciprocal allowances 1,5% for each 1% over or under the basis ,fractions in proportion.
-Moisture basis 9% max 10% with penalty 1:1 non reciprocal to be paid from Sellers to Buyers between 9% and 10% fractions in proportions.
-Admixtures basis 2% max 4% with penalty 1:1 non reciprocal to be paid from Sellers to Buyers between 2% and 4% fractions in proportion.
-FFA basis 2% max 3% bonif 2:1 between 2% and 3% fractions in proportion to be paid from Sellers to Buyers.

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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We can prepare contract between Seller and Buyer via Broker based on own experience with FOSFA terms applied.
FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 4A FOR EUROPEAN OILSEEDS IN BULK. FOB STOWED AND TRIMMED TERMS 4A. Revised and Effective from 1st January.
SELLERS: BUYERS: BROKERS: Date:
An asterisk denotes alternative wording, and should be matter of agreement between the parties.
Sellers have agreed to sell and Buyers have agreed to buy _ say _ tons of 1000 kilos _ in bulk at _ say _ per ton of 1000 kilos
delivered FREE ON BOARD (stowed and trimmed) to be loaded in good condition at _.
Sellers have the option to declare _ as the alternative or additional loading port/s.

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FOSFA CONTRACT 11 FOR OILSEEDS CIF TERMS. Revised and Effective from 1st September 20_ Reference Nos. SELLERS: BUYERS: BROKERS: Date: 
Sellers have agreed to sell and Buyers have agreed to buy _  say _ tons of 1000 kilos In bags/bulk at. . . say. . . per ton of 1000 kilos net delivered weight, cost insurance and freight to . .  as per Bill/s of Lading dated or to be dated during . . from . . Payment in. . . . for . . % as per Payment Clause.  

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 25 FOR SOYABEANS IN BULK CIF TERMS. Revised and Effective from. Reference Nos
SELLERS: BUYERS: BROKERS: Date:
An asterisk denotes alternative wording, and should be matter of agreement between the

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED . FOSFA INTERNATIONAL
CONTRACT 26 FOR EUROPEAN OILSEEDS CIF TERMS. Revised and Effective from 1st September. Reference Nos
SELLERS: BUYERS: BROKERS: Date:

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 27 FOR OILSEEDS COLLECTION EX-SILO BY CARS (ROAD AND RAIL). WEIGHT, QUALITY AND CONDITION FINAL AT LOADING
Revised and Effective from 1st September. Reference Nos
SELLERS: BUYERS: BROKERS: Date:

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 28 FOR OILSEEDS FREE DELIVERED BY CARS (ROAD AND RAIL). Revised and Effective from 1st September 2008. Reference Nos
SELLERS: BUYERS: BROKERS: Date:
Sellers have agreed to sell and Buyers have agreed to buy goods as described below on terms and conditions hereinafter

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL. CONTRACT 32 FOR FULL CONTAINER LOADS. SELLERS: BUYERS: BROKERS: Date: Sellers have agreed to sell and Buyers have agreed to buy metric tons

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL. CONTRACT 53 FOR VEGETABLE AND MARINE OIL IN BULK FOB TERMS. Revised and Effective from 1st Sepember . Reference Nos. SELLERS: BUYERS: BROKERS: Date: matter of agreement between the parties. Sellers have agreed to sell and Buyers have agreed to buy 00 say OIL, in

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL. CONTRACT 54 FOR VEGETABLE AND MARINE OIL IN BULK CIF DELIVERED WEIGHTS. Revised and Effective from 1st September 20__. Reference Nos
SELLERS: BUYERS: BROKERS: Date:

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 56 FOR VEGETABLE AND MARINE OIL COLLECTION EX-WORKS BY TANK CARS (ROAD AND RAIL)/ ISO TANK CONTAINERS
WEIGHT, QUALITY AND CONDITION FINAL AT LOADING. Revised and Effective from 1st September . Reference Nos
SELLERS: BUYERS: BROKERS: Date:
  An asterisk denotes alternative wording, and should be matter of agreement between the parties.
Sellers have agreed to sell and Buyers have agreed to buy goods as described below on terms and conditions hereinafter

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA 57 FOR VEGETABLE AND MARINE OIL FREE DELIVERED BY TANK CARS (ROAD AND RAIL)/ ISO TANK CONTAINERS. SELLERS: BUYERS: BROKERS:  An asterisk denotes alternative wording and should be matter of agreement between the parties.
Sellers have agreed to sell and Buyers have agreed to buy goods as described below on terms and conditions hereinafter

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL

CONTRACT 76 FOR GENERAL BUSINESS OILSEEDS ETC CIF TERMS. Revised and Effective from 1st September 20__. Reference Nos

SELLERS: BUYERS: BROKERS: Date:

An asterisk denotes alternative wording, and should be matter of agreement between the parties.

Sellers have agreed to sell and Buyers have agreed to buy ___ say ___ tons of 1000

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED
FOSFA 79 CONTRACT FOR GENERAL BUSINESS DELIVERED/EX WORKS. Revised and Effective from 1st September 20__, Reference Nos
SELLERS: BUYERS: BROKERS: Date:
Sellers have agreed to sell and Buyers have agreed to buy _ say _ tons of 1000

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FEDERATION OF OILS, SEEDS AND FATS ASSOCIATIONS LIMITED. FOSFA INTERNATIONAL
CONTRACT 90 FOR REFINED EDIBLE OILS AND FATS ISSUED JOINTLY WITH NEODA. Revised and Effective from 1st September 20__.
Reference Nos SELLERS: BUYERS: BROKERS: Date:
An asterisk denotes alternative wording, and should be matter of agreement between the parties.
Sellers have agreed to sell and Buyers have agreed to

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FOSFA 95 CONTRACT FOR BROKERAGE. Revised and Effective from 1st September 2008. Reference Nos
BROKERS: PRINCIPAL: Date
A contract has today been concluded on behalf of the named Principal for the sale/purchase of ___ of ___ subject to the terms and conditions of FOSFA International Contract No. __ in consideration for which the Principal has agreed to pay to the Broker/s a commission at a rate of ___ per ___ .
1. COMMISSION EARNED: Except as provided for below, the commission is deemed to have been earned on the date of contract and shall become due on the date/s hereinafter prescribed irrespective of whether the contract in question has been duly fulfilled, in whole or in part.

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FOSFA. The Federation's contracts incorporate a dispute procedure involving arbitration by experienced individuals from within the trade.
LIST OF CONTRACTS AVAILABLE FROM FOSFA INTERNATIONAL. 
FOSFA 2 Copra - CIF Terms 

FOSFA 3 Sheanuts - CIF Terms
FOSFA 4 Oilseeds - FOB Terms
FOSFA 4A European Oilseeds - FOB Terms
FOSFA 5 Argentine/Uruguay Linseed - CIF Terms
FOSFA 9 USA/Canadian Flaxseed - CIF Terms
FOSFA 9A UK Linseed in Bulk - Ex Farm/Delivered Terms
FOSFA 11 Oilseeds - CIF Terms

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FOSFA QUALIFICATIONS AND OPERATIONAL PROCEDURES FOR ISO TANK
CONTAINERS CARRYING ANIMAL, MARINE AND VEGETABLE OILS AND FATS
Definition. In this document ISO tank containers are defined as those tank containers for liquids which meet
the requirements of ISO 1496-3: 1995.
Terminology. The tank container is a freight container which includes two basic elements, the tank and the
framework. These Qualifications and Operational Procedures relate only to the first element, the
tank.

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Parent Category: Contract Negotiation
Category: FOSFA Contract
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FOSFA QUALIFICATIONS AND OPERATIONAL PROCEDURES FOR ISO TANK. CONTAINERS CARRYING ANIMAL, MARINE AND VEGETABLE OILS AND FATS. OWNER/OPERATOR STATEMENT OF COMPLIANCE, SUITABILITY AND CLEANLINESS
Identification Data. Tank container number IMO type Frame size Capacity litres Weight tare gross Owner Operator.
Statement. ___ on behalf of ___ states that on ___