STANDARD CONTRACT FOR SALE/PURCHASE OF OIL BEARING SUNFLOWER

 

 

1. SUBJECT OF THE CONTRACT

The Seller shall be hereby obligated to deliver and sell to the Buyer sunflower seed, having quality indices in accordance with Items 2.1., 2.2. and 2.3. of the present contract, while the Buyer shall be hereby obligated to pay for the commodity a specified base price f.c.o. the Seller’s or the Buyer’s warehouse.

 

2. QUALITY CHARACTERISTIC

2.1. As regards its quality, the sunflower seed shall have outward form that is characteristic, and well-developed grains; shall be odourless and shall not be rotten, mouldy, or have other odours that are not characteristic of the sunflower seed.

2.2. Base quality indices:

- dampness – 11 %;

- oil content – 42 %;

- foreign material – 0 %.

2.3. Permissible quality indices:

- dampness shall not exceed  11%;

- dehulled (husked) grains - shall not exceed  4 %;

- oil contentnot less than 42 % ;

- grain foreign material - shall not exceed  3 %;

                peeled grains inclusiveup to 3%;

- foreign material shall not exceed  2 %;

- warehouse pest infectionis not to be permitted.

 

3.      PRICES. PRICE BONIFICATION OR DISCOUNTS  

3.1. For departures form the base dampness, a quantity price bonification shall be applied while increasing or decreasing the weight of the separate consignment by the percentage of the departure.

3.2. For content of foreign material (weeds, inert and harmful), a quantity price bonification shall be applied while in all cases the weight shall be decreased by the percentage of the foreign material.

3.3. For content of grain / broken (foreign material), a value price bonification shall be applied while the specified base prize shall be decreased by 0.5% per each percentage of foreign material.

Price bonifications shall not be applied to sunflower consignments for the content of dehulled and husked sunflower seed within the parameters permissible under the standard.

3.4. For departure from the base oil content of the sunflower seed, the price shall be decreased or increased by 2% the base price per each percentage of departure.

3.5. Value bonification shall be applied after the consignments’ weight has been corrected for the departures from the base indices of dampness and foreign material content.