Hasguel Consulting AG / Switzerland
Dip. Engineer & Dip. Economist
Mr. Cemal Hasguel
LETTER
OF INTEND 05.05.2005
Dear Sirs,
We require 150,000. MT of Sugar to Iraq.
We agree to the following terms and conditions
including the specifications.
Commodity : White
refined cane sugar - ICUMSA 45
Polarization:
99.80% Degrees min.
Ash Content: 0.08 max.
Icumsa: 45 RBU max, (Brazil S.G.S. Scale)
Solubility: 100% Dry and Free Flowing
Colour: Sparking White, max. 45 ICUMSA
attenuation index units (ICUMSA method No. 4-1978)
Radiation: Within internationally accepted limits
and No contamination with radio active material and fit forhuman
consumption.
CropYear 2003-2004 or 2004-2005
Granulation: Fine Crystal
Moisture: 0.8% max.
Crop:
2004/latest
Magnetic particles: mg/kg 4 max.
SO2: mg/kg 20 max.
Ash By
Electrical Conductivity: 0.04% max (on dry weight basis)
Sediments: None
Smell:
Typical and specific for sugar
Reducing Sugar:
0.05% max. by weight
HPN Staph Aureus: not
detected in 1 gm.
Maximum As: 1 ppm.
Maximum Pb: 2 ppm.
Maximum
Cu: 3 ppm.
Substance: Solid Crystal
Origin : Brazil
Quantity :
150,000 MT
Price: Please quote your best price.
Packing : 50 kg PP bags
Inspection : Quality and quantity by SGS at
Seller’s expense at loading port only.
Payment
Term : Irrevocable, Twice Transferable, Revolving, Confirmed,
Documentary Letter of Credit, payable 100% at sight, drawn / confirmed
on banks acceptable to Seller.
Performance Bond :
Seller to provide Performance Bank Guarantee Bond in the value of 2% of
the Letter of Credit value.
PLS SEND ME URGENT
YOUR FCO
Yours Faithfully
Cemal HASGUEL
Dip.
Engineer & Dip. Economist
Hasguel Consulting AG /
Switzerland
Tel. + 41 76 391 81 22¨(24 Hours)