The world market for edible oil is a growing one. According to experts, it is expected to expand at a CAGR of 3.57% to attain a value of USD119.571 billion by the end of 2025.
The developing regions of the world will be contributing to the increase in this market growth during the forecast period between 2019 – 2025. As a global trader in the F&B Industry, you may want to buy edible oil and secure a share in this domain. For that to happen, you would have to start with procuring edible oil in bulk from the right place, at the right price.
Want to buy edible oil? Tradologie.com can be your ally.
Tradologie.com is the place where you can get started. It is the world’s first B2B community for procuring food products and agri-commodities in bulk. It comes with a base of 500K+ registered buyers and 50K+ verified sellers from across the world. It eradicates middlemen and helps facilitate trade without a phone call or an email. It connects a buyer directly with seller using state of the art technology.
How to buy bulk edible oil onTradologie.com?
Follow the following steps to get started in international edible oil trade.
- Register with Tradologie.com
- Download the buyer app.
- Post your enquiry for purchasing a specific oil commodity
- Provide all details about payment, packaging, and delivery
Process followed at Tradologie.com
In our role as a trade facilitator, we provide the enquiry details to multiple sellers; they then participate in live negotiations and quote their rates. The sellers can see the number of other participants in the live bidding along with their price quotes.
You can then present any of the participating sellers with a counteroffer. In case the counteroffer is not accepted, as a buyer, you can place an order with any of the sellers in the bid.
As an edible oil buyer, you can share the LOI with the seller, who would then provide you with the contract and proforma invoice.
The next step involves completing the payment obligation as per the specific method you had selected while listing the enquiry. You would have to fulfill the payment obligation before the dispatch of order. The seller is responsible for ensuring the proper inspection of the edible oil at a selected date. Thereafter, the goods have to be delivered and all the shipping related documents uploaded for verification by buyer. After the delivery of goods, proof of delivery needs to be uploaded in order to verify receipt.
- Global trade without a phone call or email
- Enquiry to delivery facilitated at the shortest possible time
- Low market risks
- A wide option in edible oils
- No Middlemen costs
You can buy mustard oil, sunflower oil, olive oil, flaxseed oil, cashew nut oil, canola oil, soybean oil, cow ghee, and more through our B2B platform. Register today and start an exciting journey in global edible oil trade.