FOSFA 4 FOB Oilseeds
FOSFA 04 FOB Oilseeds Contract
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:
-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.