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REFINED WHITE SUGAR (ICUMSA 45)



SOFT CORPORATE OFFER



REFINED WHITE SUGAR (ICUMSA 45)



Commodity: ICUMSA 45



Origin: Brazil



Type: Term CIF Contract



Quantity: Minimum shipment 12,500 MT



Total Contract: As will be agreed



Quantity: 50,000 MT X 12 Month



100,000 MT X 12 Month



Prices: 50,000 MT - Net US $ 367.00 MT



100,000 MT - Net US $ 357.00 MT



Shipment: CIF – ASWP - Incoterms 2010 with 2014 amendments.



Please inform maximum vessel size admitted.



Commissions: Buyer sides US $1.00 open.



Payment Terms: Seller can accept for payment Transferable LC without any



BG/SBLC for a year, if the payment will be from Top Bank and if the Seller confirm the instrument wording.



Note: If the Seller will not confirm the Buyer Bank then the Payment will be:



Guarantee by SBLC or BG, value of 1 month, validity



For 15 months (2 preparation, 12 shipments +1 final



Sailing time).



Payments by SWIFT-MT-103, against shipping documents,



At loading port.



1st loading: Within 30/45 days upon acceptance of Buyer´s Bank



Issued guarantee instrument.



Performance Bond: 2% Performance Bond is issued by Seller’s bank on



Contract only.



Inspection: By a reputable independent surveyor, such as SGS, or



Equivalent at the port of loading.



Packing: 50 kg Bags, over pallets.



1. Buyer issue LOI accompanied by a BCL or RWA. These are the main conditions.



2. Seller will issue FCO or Draft Contract for acceptance by the Buyer along with



IMFPA.



3. Buyer returns the draft contract by exchanging it by facsimile or Email attachment,



Duly signed and sealed, within 72 hours, the draft copy will be deemed legal until



Hard copies exchanged.



4. Within 5 Banking days after signing the contract Buyer Bank issues the IRDLC



Or the SBLC to Seller Bank. After confirmation of the instrument by Seller



Bank, the Seller start loading and first shipment commence within 30-45 days.



5. Within 10 (Ten) Banking days and after verification the payment instruments, the



Seller will issues POP and 2% PB that will activate the Buyer payment



Instrument.



6. The delivery and forwarding begin immediately according to the contract.



Buyer pay against BL, SGS and all shipping documents at the loading port.



7. After Buyer payment Buyer pay commission to all Seller sides and Buyer sides



According to the IMFPA.



NOTE: We´ll not be able to accept LOI without Buyer full banking details for Payment and BCL/RWA.



NOTE: BUYER SHALL BE SOLEY RESPONSIBLE FOR IMPORT



REQUIREMENTS AND LICENSES AT DESTINATION



SPECIFICATIONS for ICUMSA 45 White Refined Sugar;



Origin: Brazil



Fit for human consumption



ICUMSA 45 RBU Max (Brazil S.G.S. Scale)



Solubility 100 % dry and free-flowing



Color Sparkling white



ICUMSA Maximum 45 attenuation 4-1978



Index



Units (ICUMSA method #)



Radiation Within cS-137 of 50 BQ per kg



Granulation Fine crystal



Magnetic particles Mg/Kg 4 max



SO2 mg/kg 20 max



Sulfur Dioxide 20 Mg/Kg min



Sediments None



Smell Typical and specific for sugar



Reducing sugar 0.05% Max by weight



HPN Staph Aureus Not detected in 1 gram



Maximum AS 1 P.P.M.



Maximum PB 1 P.P.M.



Maximum CU 3 P.P.M.



Substance Solid Crystal



Tolerance 5% (+/-)



Crop The latest



Note: Buyer LOI should be with all Seller procedure and terms as above.



Validity: This SCO is valid until April 6, 2020.



Date: March 20th, 2020

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