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Contract Specification
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Contract Code
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CPO-MSIA-09 |
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Commodity
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Crude Palm Oil |
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Price
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Benchmarked against previous trading day settlement of the FCPO spot month
contract. Price remains the same for the day. |
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Settlement Methodology
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Delivery of CPO
(with provision for cash settlement) |
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Minimum Transaction Size and Incremental Value
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Minimum RM100,000.00 with an incremental value with the multiple
of RM0.01 |
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Delivery Unit
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Amount of CPO as per the purchase value |
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Contract Grade and Delivery Points
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Crude palm oil of good merchantable quality, in bulk, unbleached, in the tank located at the
option of the CSP.
Free Fatty Acid (FFA) of palm oil delivered into the tank must not exceed 4% and from the tank
must not exceed 5%.
Moisture and Impurities (M&I) must not exceed 0.25%.
Deterioration of Bleachability Index (DOBI) value of palm oil delivered into the tank must be at
a minimum of 2.5 and of palm oil delivered from the tank must be at a minimum of 2.31.
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