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Vegetable Oil Supplier — Bulk Edible and Industrial Oils

FUSHKOV GCG is a vegetable oil supplier delivering bulk vegetable oils from oilseeds, oil-bearing fruits and nuts worldwide.

Oils differ in origin, consistency, fatty acid profile and processing, and serve food, biofuel and industrial users.

Quality
Controlled from raw material to transport
Standards
International standards and customer requirements
Contracts
Long-term, with raw material producers

Wholesale Vegetable Oils We Supply

Why FUSHKOV GCG

Quality control. From raw material checks to production, storage and transport standards.
Compliance with standards. International standards and customer requirements.
Long-term contracts. With raw material producers and landowners worldwide.
Flexible supply options. Tailored to each customer.

Refined and Crude Oils

By degree of processing, vegetable oils are crude (minimally cleaned after pressing or extraction), degummed, or refined and deodorised. Internationally, quality is often checked against Codex standard CXS 210-1999 for named vegetable oils: acid value of no more than 0.6 mg KOH/g for refined oils and 4.0 mg KOH/g for cold-pressed and virgin oils. The degree of refining is stated in the specification.

HS Codes for Vegetable Oils

OilHS heading
Soybean1507
Peanut (groundnut)1508
Olive1509
Palm1511
Sunflower and cottonseed1512
Coconut1513
Rapeseed1514
Corn (maize)1515

Reference only, HS 2022. Within each heading, crude and other (including refined) oils usually have separate subheadings.

Global Market

The market is global: sunflower oil comes mainly from the Black Sea region (Ukraine and Russia are the largest producers), soybean oil from South and North America, and olive oil from the Mediterranean, where Spain is the largest producer. For buyers of wholesale vegetable oils, origin directly affects logistics and delivered cost.

Storage and Transport

Vegetable oils are kept in clean, closed tanks, away from light, heat and air. Bulk lots travel in tankers, rail tank cars or flexitanks; packed oil in retail or industrial packaging.

How a Deal Works

A physical commodity trade typically moves through a set of standard stages. The outline below reflects general industry practice; the actual terms are always set by the contract.

1
Enquiry
The buyer sends an enquiry for vegetable oils: required quality parameters, indicative volume, destination and preferred delivery basis.
2
Offer and specification
The trader prepares an offer and agrees the specification with the counterparty: quality parameters and the methods used to test them.
3
Contract
The contract fixes the price, the Incoterms delivery basis, the shipment schedule, inspection procedure and payment terms.
4
Loading and inspection
As a rule, an independent surveyor draws samples at loading and certifies the quality and weight of the cargo.
5
Documents and payment
The buyer receives the full set of shipping documents; payment is made as agreed in the contract.

Typical Document Set

In international agricultural trade, the document set usually includes a commercial invoice, a bill of lading or other transport document, and certificates of origin, quality and weight. Plant products normally require a phytosanitary certificate, and feed products a veterinary certificate. The exact list depends on the product, the destination country and the contract terms.

Incoterms 2020 at a Glance

  • FCA — the seller hands the goods over to the carrier nominated by the buyer at an agreed place; suitable for any mode of transport.
  • FOB — the goods are delivered once loaded on board the buyer's vessel at the port of shipment; from that point the buyer bears the risk.
  • CFR — the seller pays freight to the port of destination, but risk passes to the buyer once the goods are on board at the port of shipment.
  • CIF — as CFR, but the seller also insures the cargo during the sea voyage.
  • DAP — the seller delivers the goods to the agreed destination, ready for unloading; suitable for any mode of transport.

FOB, CFR and CIF apply to sea and inland waterway transport only. This summary is general: the delivery basis is chosen for each deal and fixed in the contract.

See Also

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Bulk vegetable oils supplied by FUSHKOV GCG