Description

*1) COMMODITY: BRAZILIAN WHITE REFINED CANE SUGAR ICUMSA *5

*2) ORIGIN: BRAZIN

*3) MINIMUM QUANTITY: *2.**0 MT

*4) CONTRACT MINIMUN: *2 MONTHS OR SUPPLY SPOT

*5) DELIVERY TERMS: AS PER CUSTOMER

*6) SHIPPING TERMS: CIF WITH IN *0/*0 WORKING DAYS FROM THE DATE OF RECEIPT OF PAYMENT

*7) DESTINATION PORT: CIF, ASWP

*8) LOADING PORT: ANY SAFE WORLD PORT (ASWP)

*9) PAYMENT TERMS: SBLC NON TRANSFERABLE MT **3/SBLC 1 MONTH TRANSFERABLE + MT **3/SBLC 1 MONTH NON TRANSFERABLE + MT **3 WITH BCL

*0) PACKING: *0 KG PP POLYETHYLENE DOUBLE SACKED IN 1 MT JUMBO SLING BAGS OR AS CUSTOMER ADVICE

*1) INSPECTION: QUALITY, QUANTITY & WEIGHT BY SGS INSPECTION OR EQUIVALENT AT SELLERS COST AT LOADING PORT

*2) PRICE: DEPENDING ON THE QUANTITY REQUESTED

a) *2.**0 MT: **5 $ USD/MT

b) *5.**0 MT: **3 $ USD/MT

c) PRICE SUPPLY SPOT MINIMUM 2.**0 MT: **0 $ USD/MT

*3) PERFOMANCE BOND: 2 % BY SELLER ONLY FOR CONTRACT

*4) SPECIFICATION:

PRODUCT: ICUMSA *5 SUGAR

ORIGIN: BRAZIL

POLARITY AT *0ºC: *9,*0 Minimum

SULPHATED ASH CONTENT: 0,*4 % MAXIMUM BY WEIGHT

MOISTURE: 0,4 % MAXIMUM BY WEIGHT

MAGNETIC PARTICLES: 4 Mp

SOLUBILITY: **0 % DRY & FREE FLOWING

GRANULATION: FINE STANDARD

ICUMSA: COLOUR *5 ICUMSA ATTENUATION INDEX UNITS (METHOD # *0 - ***8)

MAXIMUM AS: 1 P.P.M

COLOUR: SPARKLNG WHITE MAXIMUM *5 ICUMSA ATTENUATION INDEX UNITS

REDUCING SUGAR: 0,**0 % MAXIMUM IN DRY MASS

RADIATION: WITHIN INTERNATIONALLY ACCEPTED LIMITS

SO2: mg/kg *0

HEAVY METALS TOXIC ELEMENTS MAXIMUM mg/kg basic:

ARSENIC 0,*0 / COPPER 1,*0 / LEAD 1,*0 / MERCURY 0,*1 / ZINC 3,*0

PESTICIDE TRACES MAXIMUM mg/kg basic:

DDT 0,**5 / PHOTOXIN 0,*1 / HEXACHLORAN GAMMA ISOMER 0,**5

MICROBIOLOGICAL LIMITS PATHOGENIC BACTERIA INCLUIDING SALMONELLA per *5 gram: NIL

*5) PROCEDURE:

l. BUYER ISSUES LOI OR ICPO INCLUDING BANK DETAILS

2. SELLER ISSUES DRAFT CONTRACT TO BUYER

3. BUYER SIGNS, STAMPS AND RETURNS VIA EMAIL (IN WORD FORMAT) TO SELLER

4. BUYERS BANK ISSUES NON-OPERATIVE L/C OR PRE-ADVICE OF L/C BY MT **0. INSTRUMENT TO BE CONFIRMED BY PRIME BANK. NON-TRANSFERABLE, IRREVOCABLE, PAYABLE AT SIGHT OF DOCUMENTS.

5. SELLERS BANK ISSUES NON-OPERATIVE PERFORMANCE BOND TO BUYERS BANK BY MT **0 (ONLY ONE A MONTHLY CONTRACT PAYABLE BY DL/C)

6. WITHIN 5 DAYS BUYERS BANK ISSUES DL/C FOR SPOT OR RDL/C FOR CONTRACT TO SELLERS BANK MAKING PB OPERATIVE (ALTERNATIVELY SBLC + MT**3)

7. SELLER ISSUES PROOF OF PRODUCT

8. SHIPMENT STARTS AS AGREED WITHIN *0 TO *5 DAYS AFTER THE FINANCIAL INSTRUMENT IS OPENED FROM THE BUYERS BANK TO SELLERS BANK

9. BUYER MAY VISIT PORT DURING LOADING BY ARRANGEMENT