I represent a commodities trading group with a 5
year contract for 20,000,000 MT of Brazilian Refined White Cane Sugar :
ICUMSA 45
We will sell
spot (one time shipment) or one-year-contract (12 monthly consignments)
USD Rates CIF ASWP
follow:
MT Spot Month
25,000 275 250
50,000
270 240
100,000 265 235
250,000 260 230
500,000 255 225
1,000,000 250 220
2,000,000 245 215
Interested buyers will submit LOI as below:
LETTER OF INTENT
COMMODITY: Sugar ICUMSA 45
SPECIFICATION: In conformance with standard
ICUMSA 45 RBU, refined white cane sugar major details of the
specification details are listed below:
Refined
White Cane Sugar : ICUMSA 45 RBU
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: Fully funded (FFDLC), or BG, Irrevocable, 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:Seller sends POP, and confirms delivery date
and time to commence shipments with details. |
