We hold a 20,000,000 MT 5-year contract for
Refined White Cane Sugar ICUMSA 45 RBU from Brazil. In order to
guarantee security and compliance from both buyer and seller, this
transaction will be handled bank to bank.
PRICE
All prices are
quoted USD/MT and CIF ASWP. The spot price is for a one time shipment,
while the contract price indicates a total volume delivered in one year
divided in twelve even consignments.
MT Spot
Contract
25,000 305 275
50,000 300 270
100,000 295 265
250,000 290 260
500,000
285 255
1,000,000 280 250
2,000,000 275 245
4,000,000 270 240
LOI
The Letter of Intent should include the price,
volume, schedule, destination and the following:
Commodity: Refined White Cane Sugar ICUMSA 45
RBU
Specification: In conformance with standard
ICUMSA 45 RBU, refined white cane
sugar
specification details are listed below:
Polarization: 99.88 Min.
Solubility: 100% dry
and free flowing
Moisture: 0.04%
Ash: 0.04%
Granulation:
Table Grade, medium to fine
Color: Sparkling
white
Radiation: Normal without presence of
cesium or iodine
Origin: Brazil
Payment Terms: Automatically revolving,
transferable, documentary letter of credit
Destination: ASWP
Validity: Seven business days.
PROCEDURES:
1:Buyer issues LOI to seller .
2:Seller acknowledges receipt of the LOI.
3:Seller confirms the availability and price
with a Full Corporate Offer (FCO).
4:Buyer
confirms the FCO and agrees to terms , price, and details, and signs and
seals the document, then sending it back to the seller.
5:Seller sends the DRAFT Contract with complete
sale and purchase details.
6:Buyer reviews the
DRAFT Contract, makes minor changes, if necessary, and sends document
back to seller.
7:Seller approves the DRAFT
Contract and issues Final Contract signed and sealed by the seller.
8:Buyer reviews and signs and seals and send
copies back to the seller as directed by the seller at that time.
9.Buyer sends LC directly to Seller's bank.
Seller's bank returns POP to Buyer's bank with schedule of delivery and
confirms delivery date and time to commence shipments with details.
Feel free to contact me
with any questions or if you need additional information
Regards,
Raoul Russell
615 545
8789 (USA)
E-mail:blueheronlogistics@gmail.com
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