Product Description

ICUMSA : *5 RBU / ICUMSA Method Nº. *****8 POLARIZATION : *9.*0 % MINIMUM AT *0°: MOISTURE : *0.*4 % MAXIMUM SULPHATED ASH CONTENT : *0.*4 % MAXIMUM SO2 : *0 MG/KG MAXIMUM GRANULATION : FINE CRYSTAL SOLUBILITY : **0 % DRY AND FREE FLOWING RADIATION : NORMAL CERTIFIED : W/O PRESENCE OF CESIUM/IODINE COLOR : SPARKLING WHITE. SEDIMENTS : NONE REDUCING SUGAR : *0.*0 % MAXIMUM BY WEIGHT MAX AS : 1 P.P.M. MAX PS : 2 P.P.M. MAX CU : 3 P.P.M. SMELL : FREE OFANY UNUSUAL OR ABNORMAL SMELL CROP : ***5 OR CURRENT AVAILABLE PROCEDURES: 1. THE BUYER ISSUES LOI AND BCL AND NCND 2. THE SELLER REVIEWS THE LOI/ICPO AND BCL AND UPON ACCEPTANCE ISSUES DRAFT CONTRACT TO BUYER FOR COMMENTS AND ACCEPTANCE, THE BUYER SIGNS AND RETURNS THE DRAFT CONTRACT SHOWING ALL AMENDMENTS IN RED COLOR, REQUIRED INITIALED AND ADDS THEIR FULL BANKING COORDINATES, CONFIRMING BANKING INFORMATION AND CONTACT INFORMATION. 3. THE SELLER AMENDS WHERE NECESSARY THE HARD COPY CONTRACT, SIGNS, SEALS AND ISSUES TO THE BUYER FOR HIS COMPLETION, THE BUYER SIGNS THE HARD COPY CONTRACT AND RETURNS IT TO THE SELLER. ANY FACSIMILE OR ELECTRONIC COPY SHALL BE CONSIDERED AS THE ORIGINAL. THE FINAL CONTRACTS WILL BE SENT BY COURIER. 4. THE BUYERS BANK WILL ISSUE A READY, WILLING, AND ABLE LETTER TO THE SELLER, OR PRE-ADVISED LC THAT THEY ARE READY TO ISSUE THE SAID LETTER OF CREDIT AGREED TO IN THIS CONTRACT UPON RECEIPT OF PROOF OF PRODUCT;OR 2% PERFORMANCE BOND AGREED TO IN THIS AGREEMENT. 5. WITHIN FIVE (5) BANKING DAYS AFTER RECEIPT OF THE POP OR 2% PB. THE BUYER OPENS A FINANCIAL INSTRUMENT IN THEIR OWN BANK. 6. WITHIN TEN (*0) BANKING DAYS AFTER RECEIPT OF OPERATIVE FINANCIAL INSTRUMENT ACCEPTABLE TO THE SELLER AND THE SELLERS BANK THE SELLER ISSUES A FULLY ACTIVE TWO (2%) PERCENT PERFORMANCE BOND OF THE LETTER OF CREDIT MONTHLY VALUE IN CASE IT IS NOT DEPOSITED. 7. DELIVERY AND SHIPMENT COMMENCE AS PER THE TERMS AND CONDITIONS OF THE CONTRACT ANY CONTRACT WITH PAYMENT AT UNLOADING PORT MUST BE BG OR SBLC AFTER 3 DAYS AFTER ARRIVAL WITHOUT EXCEPTIONS.