2018 SCO Brazilian Sugar ICUMSA 45 - FOB
2018 SCO Brazilian Sugar ICUMSA 45 - FOB
FYI - PLEASE ADVISE, IF YOU ARE INTERESTED IN THIS SCO AND SUBJECT ON FOB TERM ONLY NO CIF (Please don't ask) we can assist with shipping after order is confirmed
NEW 2018 SCO Brazilian Sugar ICUMSA 45 - Up to 125,000 Mt per Month - Origin Brazil - FOB basis
NOTE: OFFER VALID UNTIL Aug 30’ 2018
(Prices and quantities subject to validate with ICPO)
COMMODITY: Cane Sugar
• ICUMSA 45
ORIGIN: Brazil
LOADING PORT:
• Port Santos
• Port Paranagua or similar Brazil Delivery
PAYMENT INSTRUMENTS:
• SBLC/BG or DLC - SWIFT MT760
• Buyer`s Bank needs to be top 25, if not will need Confirmation bank to be top 25
PAYMENT: Buyer shall make payment via MT103 at loading port within 3 (three) banking days after receiving the shipping documents including SGS, B/L and commercial invoice.
PERFORMANCE BOND:
• Seller issues 2% PB to buyer’s bank after receiving operative financial instrument from buyer’s bank.
PACKING: 50 kg bags
DELIVERY: INCOTERM 2010 - FOB
INSPECTION:
• Seller and Buyer mutually agree that SGS or an internationally recognized first class independent surveyor company shall be appointed at loading port, to assess the quality and quantity of the cargo according to the provisions herein stated.
• Seller pays SGS or similar inspection cost at loading port
ICUMSA 45
TOTAL QUANTITY QUANTITY SHIPMENT PRICE – FOB Brazil
1.500,000 MT 125,000 MT X 12 US$ 300 MT brokers must mark up comms
PROCEDURES:
1. Buyer issues Irrevocable Corporate Purchase Order (ICPO)
2. Seller issues Full Corporate Offer (FCO) for Buyer's review.
3. Buyer accepts FCO, confirmed by signing and sealing on the FCO.
4. Seller provides Draft Contract for evaluation.
5. Seller and Buyer sign NCNDA-IMFPA. (If applicable)
6. Buyer and Seller sign Contract.
7. Buyer's and Seller's Banks communicate and agree on the final wording of Transferable at sight LC.
8. Seller’s bank issues operative 2% PB, after confirmation LC account seller.
9. Shipment commence as per contract.
10. The Parties ofo the contract enter into this cycle and shall proceed with the execution of mutually agreed schedule to its full implementation.
PAYMENT METHODS:
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