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Soft Offer Sugar Ic45-Jun10

This document provides a soft offer for refined cane sugar with an ICUMSA rating of 45 from Brazil and Mexico in June 2010. It lists various quantities available from 12,500 metric tons to 3,600,000 metric tons along with the corresponding CIF price per metric ton and payment/delivery terms. The sugar meets specified standards for polarization, ash content, color, moisture and other factors. Procedures are outlined for buyers to issue a letter of intent, sign a contract, provide a payment instrument like an SBLC or FFDLC, and then receive proof of product and performance bond prior to shipment starting.

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789 views3 pages

Soft Offer Sugar Ic45-Jun10

This document provides a soft offer for refined cane sugar with an ICUMSA rating of 45 from Brazil and Mexico in June 2010. It lists various quantities available from 12,500 metric tons to 3,600,000 metric tons along with the corresponding CIF price per metric ton and payment/delivery terms. The sugar meets specified standards for polarization, ash content, color, moisture and other factors. Procedures are outlined for buyers to issue a letter of intent, sign a contract, provide a payment instrument like an SBLC or FFDLC, and then receive proof of product and performance bond prior to shipment starting.

Uploaded by

davidarcosfuentes
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF or read online on Scribd
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SOFT OFFER

REFINED CANE SUGAR ICUMSA 45


ORIGIN BRAZIL - MEXICO

JUNE 2010

QUANTITY CIF DELIVERY PAYMENT


MT ASWP
USD/MT

12,500 500,00 SPOT SBLC/BG/ DLC

25,000 495,00 SPOT SBLC/BG/ DLC

50,000 490,00 SPOT SBLC/BG/ DLC

100,000 475,00 SPOT SBLC/BG/ DLC

150,000 425,00 12.500 X 12 MONTHS FFRDLC

300,000 415,00 25.000 X 12 MONTHS FFRDLC

600,000 405,00 50.000 X 12 MONTHS FFRDLC

900,000 395,00 75.000 X 12 MONTHS FFRDLC

1.200,000 370,00 100.000 X 12 MONTHS FFRDLC

2.400.000 360,00 200.000 X 12 MONTHS FFRDLC

3.600.000 340,00 300.000 X 12 MONTHS FFRDLC


PACKING: In 50 Kilo bags with Polythene Inner

DESTINATION & DELIVERY: Destination: CIF ASWP.

SHIPMENT: Minimum Shipment 12,500 MTS in 30-45 Days and Rest in 30 Days
and after Receipt of Payment Instrument to the Seller’s Bank.

PERFORMANCE BOND: The Seller will Post 2% Performance Bond after Receipt
of Payment Instrument.

INSPECTION: S.G.S Inspection for Quality and Quantity Service at Seller’s Cost
shall inspect the Commodity at Place of Loading.

PAYMENT: Irrevocable, Transferable, Confirmed SBLC/BG/FFDRLC 100%


Payment at Sight L/C for total Quantity from Top Western Prime Bank

Please Note
These prices may be subject to change without notice
The market prices for commodities and products commercialized by SELLER are
subject to change without notice.

SPECIFICATIONS
REFINED SUGAR ICUMSA-45
POLARIZATION: 99.80 Degrees min.
ASH CONTENT: 0.04 Max.
ICUMSA: 45 RBU
SOLUBILITY: 100% Dry and Free Flowing
COLOR: Sparkling White. Maximum 45 Icumsa attenuation index units
RADIATION: Within internationally accepted limits.
GRANULATION: Fine to Medium
MOISTURE: 0.4% Max.
MAGNETIC PARTICLES: 4Mp/k
SO2: 70 Mg/k
ASH BY ELECTRICAL CONDUCTIVITY: 0.04% Max. [on dry weight basis]
SULPHUR DIOXIDE: 20 mg/kg Min.
SEDIMENTS: None.
SMELL: Free of any Smell
REDUCING SUGAR: 0.05% Max. by weight.
HPN STAPH AUREUS: Nil.
MAX AS: 1 P.P.M.
MAX PS: 2 P.P.M.
MAX CU: 3 P.P.M.
SUBSTANCE: Solid Crystal

PROCEDURES
1) Buyer issues a LOI + RWA/BCL + NCND
2) Seller or Seller Mandate issues FCO
3) Buyer sign seal and return the FCO
4) Seller issues Draft Contract
5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer
6) Within 3 (three) banking days, Buyer Bank sends a Non- operative SBLC /FFDLC/BG for total
shipment value to the seller’s Bank
7) Within 5(Five) banking days, Seller’s Bank sends Proof of Products (POP) + PB 2% via Swift
Bank to Bank methods to the Buyer’s Bank and Activate the Payment Instrument.
8) SBLC/FFDLC/BG Becomes operative.
9) Shipment Starts.

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