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Dried soybeans, the oilseed crushed for soybean oil

Soybean oil

Crude degummed and refined soybean oil from verified crushers, in bulk or flexitanks.

Crude degummedFFA 0.75% maximum, phosphorus 200 ppm maximum
PackingBulk vessels, flexitanks or ISO tanks
DeliveryFOB, CIF, DAP
InspectionIndependent, at loading

Soybean oil: typical specification

Indicative
Crude degummed
FFA 0.75% maximum, phosphorus 200 ppm maximum
Refined
FFA 0.05% maximum, refined, bleached and deodorised
Moisture and impurities
0.2% maximum, crude
GMO status
Conventional, or non-GMO from documented supply
Packing
Bulk vessels, flexitanks or ISO tanks
Pricing basis
Fixed, or against CBOT soybean oil futures plus a premium

Typical specification for reference. The binding specification is the exporter certificate of quality and the contract.

Export controls and complianceThis product falls under the EU Deforestation Regulation where its requirements apply. We confirm the plot geolocation data and the supplier due diligence statement before any lot is offered to an EU buyer.

Delivery terms

FOBBuyer arranges the vessel and takes title at the load port.
CIFSeller arranges freight and insurance to the buyer discharge port.
DAPDelivered to an agreed place in the buyer country, import duties excluded.

Documents supplied

Certificate of analysisCertificate of originCertificate of quantity and quality from an independent surveyorHealth certificateBill of lading

Inspected at loading. Paid against documents.

Independent inspection by SGS, Bureau Veritas, Intertek or an equivalent accredited surveyor, with payment by documentary letter of credit.

About soybean oil

Soybean oil is the second most produced vegetable oil after palm oil. Argentina is the largest exporter, followed by Brazil and the United States.

Crude degummed soybean oil is the main traded grade and goes to refiners. Refined oil is used for cooking, food manufacture and biodiesel.

Frequently asked questions

What is crude degummed soybean oil?

Oil extracted from soybeans with the gums removed, so it can be stored and shipped. It is the standard grade sold to refiners.

Can you supply non-GMO soybean oil?

Yes, from suppliers with documented non-GMO supply chains, at a premium.

How is payment usually made?

By documentary letter of credit from a bank acceptable to the seller, with payment against shipping documents and the inspection certificate.

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