*** CONTRACT EXPORTATION
Origen: Brazil SUGAR ICUMSA 45 - CIF ASWP
Offer SUGAR ICUMSA 45 FROM BRAZIL
Price List
SPOT´S IN OFFER
12.500MT …………………………………………U$D 465,00/ MT
25.000MT …………………………………………U$D 465,00/ MT
50.000MT …………………………………………U$D 465,00/ MT
100,000MT………………………………………....U$D 465,00/ MT
200.000MT ……………………………………….. U$D 465,00/ MT
PRICE CIF ASWP - Exeter: ZONES OF CONFLICT
PRICE FOR SUGAR IC 45 –( IN CONTAINERS )
250 MT......to.....1.000 MT = U$D 675,00
1.250 MT......to.....3.000 MT = U$D 665,00
3.250 MT......to.....5.000 MT = U$D 650,00
250 MT = 10 containers with transferable dlc with payment within 90 days
PAYMENT TERMS AND CONDITIONS
PAYMENT BY AN IRREVOCABLE, TRANSFERABLE, AUTOMATICALLY REVOVLING, DIVISABLE AND CONFIRMED CONDITIONAL DOCUMENTARY LETTER OF CREDIT,
ISSUED BY A TOP 50 WORLD BANK OR A BANK ACCEPTABLE TO THE SELLER IN USD.
PAYMENT 100% AT SIGHT AT THE COUNTER OF THE SELLER’S BANK AGAINST
THE DOCUMENTATION REQUIRED FOR PAYMENT AS LISTED BELOW CLAUSE NO. 15: PRODUCT DOCUMENTATION.
THE BUYER WILL PROVIDE TO THE SELLER A DRAFT
TEXT OF THE FULL LETTER OF CREDIT FOR THE SELLER’S APPROVAL. AFTER THE APPROVAL OF THE DRAFT TEXT OF THE DLC, THE BUYER WILL ISSUE THE
LETTER OF CREDIT WHICH WILL CONTAIN A CLAUSE STATING THAT THE LETTER OF CREDIT WILL ONLY BECOME OPERATIVE UPON RECEIPT OF THE SELLERS PERFORMANCE BOND.
THE LETTER OF CREDIT WILL AUTOMATICALLY REVOLVE SHIPMENT TO SHIPMENT THROUGHOUT THE DURATION OF THE CONTRACT.
1. PERFORMANCE BOND AFTER RECEIVING
AFTER RECEIVING BUYER’S NON-OPERATIVE FINANCIAL INSTRUMENT, WITHIN A PERIOD OF 10 (TEN) BANKING DAYS, THE SELLER WILL ISSUE A PERFORMANCE BOND IN EITHER AN AGREED AMOUNT OR 2 % OF THE MONTHLY VALUE OF THE LETTER OF CREDIT. THE PERFORMANCE BOND WILL BE ISSUED IN FAVOR OF THE BUYER AND WILL BE IRREVOCABLE, TRANSFERABLE. THIS GUARANTEE IS PAYABLE OF THE FIRST DEMAND IN CASE OF INTERUPTION OF DELIVERY OF THE SUGAR FOR A PERIOD LONGER THAN SIXTY DAYS. THE PERFORMANCE BOND WILL BE ISSUED ON THE SAME BASIS AS THE BUYERS LETTER OF CREDIT. THE ISSUANCE OF THE PERFORMANCE BOND WILL AUTOMATICALLY ACTIVATE THE BUYER’S LETTER OF CREDIT.
2. FINANCIAL INSTRUMENT’S MAJOR TERMS
- BUYER’S BANK WILL GET INSTRUCTION FROM THE BUYER DIRECTLY TO ISSUE THE FINANCIAL INSTRUMENT. SUCH INSTRUCTION SHALL BE WITHIN THIS CONTRACT TERMS AND CONDITIONS
- PARTIAL SHIPMENT(S) IALLOWED, TRANS-SHIPMENT(S) ARE NOT ALLOWED
- SHIPPING DOCUMENTS PRESENTED WITHIN EIGHT (8) DAYS AFTER BILL OF LADING DATE
- QUANTITY AND AMOUNT OF FINANCIAL INSTRUMENT PLUS OR MINUS FIVE S
- FINANCIAL INSTRUMENT TO REQUEST CORRESPONDENT (CONFIRMING BANK), IF ANY, TO ADD CONFIRMATION. SUCH CONFIRMATION SHOULD BE ISSUED BY SELLER’S BANK ALL BANKING CHARGES AND COMMISSIONS RELATING TO THE ISSUANCE OF THE FINANCIAL INSTRUMENT INCLUDING CONFIRMATION FEES ARE FOR THE BUYER ACCOUNT
- DOCUMENTARY LETTER OF CREDIT AMENDMENT CHARGES WILL BE AT THE FAULTY PARTY’S ACCOUNT
- CARBON COPIES CANNOT BE USED AND WILL NOT BE ACCEPTED
- DOCUMENTS OTHER THAN ENGLISH LANGUAGE ARE NOT ACCEPTABLE
- LETTER OF CREDIT TO ALLOW 60 (SIXTY) DAYS FOR SHIPMENT PLUS 20 DAYS FOR DOCUMENTATION NEGOTIATION 14. CONTRACT PROCEDURES SELLER ISSUES DRAFT CONTRACT
- BUYER RETURNS THE DRAFT CONTRACT DULY SIGNED AND SEALED WITHIN FIVE DAYS.
- SELLER SIGNS THE CONTRACT AND ELECTRONCIALLY RETURNS TO THE BUYER. THE CONTRACT IS NOW LEGALLY BINDING ON BOTH PARTIES.
- THE BUYER WILL OPEN THE LETTER OF CREDIT AGAINST WHICH THE SELLER WILL PROVIDE THE PERFORMANCE BOND. ISSUANCE OF THE PERFORMANCE BOND WILL AUTOMATICALLY ACTIVATE THE BUYER’S LETTER OF CREDIT.
- SHIP WILL BE CHARTERED AND LOADING WILL TAKE PLACE. PROOF OF PRODUCT FORM
- THE PROOF OF PRODUCT WILL INCLUDE TWO OF THE FOLLWING DOCUMENTS. THE ISSUING BANK MUST SEND TO THE BUYERS BANK A LETTER BY EMAIL, CONFIRMING TWO OF THE BELOW ITEMS.
CHARTER PARTY BILL OF LADING AND OR THIRD PARTY DOCUMENTS ARE ACCEPTABLE
*** Icumsa 45 SPECIFICATION
FIT FOR HUMAN CONSUMPTION
POLARIZATION: 99,80 % MINIMUM
MOISTURE: 00.04% MAXIMUM
SULPHATEASH CONTENT: 00.04% MAXIMUM
GRANULATION: MEDIUM TO FINE
SOLUBILITY: 100% DRY AND FREE FLOWING
RADIATION: NORMAL W/O PRESENCE OF CESIUM OR IODINE, CERTIFIED
COLOR: SPARKLING WHITE. MAXIMUM, 45 ICUMSA
SEDIMENT: NONE
SMELL: FREE OFANY ODOR
CROP: 2009/2010 PROCEEDING
REDUCING SUGAR: 0.05% MAXIMUM BY WEIGHT
SO2: 20 PPM MAXIMUM
SUBSTANCE: SOKID, CRYSTAL
MAGNETIC
PARTICLES: MG/KG MAXIMUM
MAX AS: 1 PPM
MAX PS: 2 PPM
MAX CU: 3 PPM HPN STAPH AUREUS: NIL
FREE FROM: MOLD, UNNATURAL ODORS, CHEMICALS AND INSECTS
POISONOUS: PHYTOSANITARY CERTIFICATE
SEED/HUSKS: OF NO RADIATION, NO VIRUS, INSECT PARTS, NO POISONOUS MATTER
AND NON GENETIC AND IS SUITABLE FOR HUMAN CONSUMPTION
PROCEDURE :
1. BUYER ISSUES ICPO WITH SOFT PROBE TO THE SELLER
2. SELLER WILL ISSUE THE FCO FOR BUYER'S ACCEPTANCE.
3. BUYER REVIEW ACCEPTS, SIGNS, SEALS, AND RETURNS FULL CORPORATE OFFER.
4. SELLER WILL ISSUE AND PROCEED TO SIGN AND SEALED DRAFT CONTRACT FOR THE BUYER'S REVIEW AND ACCEPTANCE.
5. BUYER REVIEWS, ACCEPTS, SIGNS, STAMPS AND RETURNS THE DRAFT CONTRACT TO THE SELLER.
6. SELLER ISSUES THE PROFORMA INVOICE FOR THE SHIPMENT VALUE.
7. BUYER’S BANK ISSUES MT 799 AS PROOF OF FUNDS (POF) TO SELLER’S BANK.
8. SELLER’S BANK ISSUES PROOF OF PRODUCT (POP) AGAINST THE POF RECEIVED FROM THE BUYER’S BANK.
9. BUYER OPENS THE LC FOR THE TOTAL VALUE IN FAVOR TO THE SELLER’S BANK ACCOUNT AND A SBLC VALUE TO REMAIN IN PLACE FOR THE DURATION OF CONTRACT AND TO BE USED TO PAY FOR THE FINAL SHIPMENT.
10. SELLER’S BANK WILL VERIFY AND CONFIRM THE LC.
11. PAYMENT WILL IN THE FORM OF LC, WITHIN (OR LESS THAN) 7 (SEVEN) BANKING DAYS OF PRESENTING THE REQUIRED SHIPMENT DOCUMENTS.
12. SHIPMENT COMMENCES AS PER CONTRACT (25-30 DAYS).
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PAST PERFORMANCE: NO documentation will be provided whether unsanitized or sanitized in respect to confidentiality agreement with our buyers. This practice is unprofessional and against the rules of ICC and WTO.PRICES ABOVE ARE SUBJECT TO FINAL CONFIRMATION DUE TO MARKET FLUCTUATION
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VALID UNTIL : 30/04/2011
*** We also work with Sugar 100/150/800/1200
*** We work with SOY standard Brazilian Export and Domestic Market
Send us your quote request, we are delighted to meet them.
