MHP sunflower oil sales reduced 42% in Q1 2018

In Q1 2018, MHP’s sales of sunflower oil decreased to 47,506 tons compared to 82,745 tons in Q1 2017 as a result of delivery terms change from DAP to FOB.

In Q1 2018, soybean oil export sales increased by 135% to 18,255 tons (including 6,000 tons of oil pushed back in Q4 2017) compared to 7,780 tons sold in Q1 2017.

Previously it was reported that in Q1 2018 MHP exported 63.14 thou. tons of chicken meat, which is 28% more than over the corresponding period in 2017.

Note: 

Delivered at Place (DAP)

Can be used for any transport mode, or where there is more than one transport mode.

The seller is responsible for arranging carriage and for delivering the goods, ready for unloading from the arriving conveyance, at the named place. (An important difference from Delivered At Terminal DAT, where the seller is responsible for unloading.)

Free On Board (FOB)

Use of this rule is restricted to goods transported by sea or inland waterway.

In practice, it should be used for situations where the seller has direct access to the vessel for loading, e.g. bulk cargos or non-containerised goods.

For containerised goods, consider "Free Carrier FCA" instead.