Commodity purchase agreements turn on agreed specification. In wheat contracts protein content is the key parameter, along with moisture content plus foreign matter. Maize is graded according to moisture, broken grain and damage. Independent inspection at load port is standard practice for everyone involved.
Incoterms allocate where responsibility passes in a transaction between supplier and purchaser. With FOB the exporter delivers to the vessel after which the purchaser takes on shipping and insurance. With CIF terms includes shipping and insurance to the discharge port. Which term suits you turns on freight access.
Ukraine continues to be a significant source for bulk agricultural commodities. Importers purchasing at volume generally deal using FOB and CIF arrangements, and these govern which party carries freight and insurance. Quality specification should be agreed contractually – grade and moisture together with acceptable variance.
The Ukrainian sector remains among the leading exporters globally for sunflower oil. Both crude and refined product serve different markets, cgexports.com where the technical spec including free fatty acid content, water content and peroxide levels. Shipment moves via deep tank or flexitank according to order size.
