We are seller mandate for Brazilian Refined White Cane Sugar, ICUMSA 45, on spot or contract.

See our procedures and specifications and advise how we might supply your sugar needs.



PROCEDURES: 01/01/10



1. BUYER ISSUES ICPO WITH FULL BANKING INFORMATION AND AUTHORIZATION FOR SOFT PROBE TO INCLUDE: QUANTITY, TARGET PRICE, AND PORT OF DESTINATION.

2. UPON ACCEPTANCE OF BUYER ICPO, SELLER WILL ISSUE AN FCO AND DRAFT CONTRACT. BUYER WILL HAVE 72 HOURS TO SIGN AND RETURN FCO AND DRAFT CONTRACT WITH ANY REQUESTED REVISIONS.

3. SELLER WILL REVIEW DRAFT CONTRACT REQUESTED REVISIONS AND RETURN TO BUYER.

4. WITHIN 48 HOURS OF RECEIPT, BUYER TO SIGN & RETURN CONTRACT TO SELLER ALONG WITH A SCRATCH COPY OF THE BANKING INSTRUMENT FOR SELLER BANK APPROVAL.

5. UPON ACCEPTANCE OF BANKING INSTRUMENT, BUYER WILL ISSUE INSTRUMENT TO SELLER BANK.

6. SELLER THEN WILL ISSUE PERFORMANCE BOND WITHIN 48 HOURS OF RECEIPT OF INSTRUMENT.

7. SHIPPING WILL START AS PER AGREED CONTRACT.


** CONTRACTS ARE PAID FOR PER SHIPMENT BEFORE LOADED ON THE SHIP **


PAYMENT TERMS:
1. BUYER WILL ISSUE A BANKING INSTRUMENT, SBLC OR FFDLOC, WHICH IS PAYABLE ON DEMAND VIA
MT103 TO SELLER.
2. SELLER WILL PROVIDE TO BUYER A COMMERCIAL INVOICE, SGS REPORT,
WAREHOUSE RECEIPT, AND SIGNED BILL OF LADING MARKED
“FREIGHT PREPAID TO BUYERS PORT”.

Specifications:

• Product: Refined White Cane Sugar ICUMSA 45;
• ICUMSA: Max 45 RBU;
• Polarization: Minimum 99.80%;
• Solubility: 100% dry free flowing;
• Moisture: 0.04% max. Water insoluble matter 0.012% maximum;
• Odor: Smell free of any, Sediment none;
• Ash by electrical conductivity: 0.04% maximum;
• Granulation: Fine;
• Color: Sparkling white max 45 ICUMSA attenuation Index Unit 4 (ICUMSA Method N0 4‐
1978);
• Radiation: Normal without presence of Caesium or iodine;
• Sulphur in Dioxide: mg/kg 20;
• Magnetic particles: mg/kg 4.