Sirs,

We have only 3 days to close this deal and we need to receive the following information by e-mail URGENTLY, upon receipt of your FCO and Sales Contract and based on Target Price and terms being mutally acceptable a LOI & BCL will be dispatched to you within the hour.

A: Product required: ICUMSA GRADE SUGAR

B: Product specifications: ICUMSA 45 STANDARD
ICUMSA :45 RBU Max.
Polarization :99.80% minimum
Moisture :0.04% maximum
Sulphate Ash Cont. :0.04% maximum
Granulation :medium to fine grade
Solubility :100% dry and free flowing
Radiation :normal w/o presence of cesium or iodine,

certified

Colour :Sparkling white, Maximum 45 ICUMSA
Sediment :none
Smell :free of any odour
Reducing sugar :0.05% maximum by weight
SO2 :70 mg/kg maximum
Substance :solid, crystal
Magnetic particles :4 mg/kg maximum
MAX AS :1 ppm
MAX PS :2 ppm
MAX CU :3 ppm
HPN STAPH AUREUS :NIL
Packing :50 Kg

C: Quantity Product Required: 25,000MT X 7 CONSECUTIVE MONTHLY SHIPMENTS, first shipment to commence ASAP. Alternate is first shipment of 25,000MT ASAP followed by 3 X 50,000 MT consecutive monthly shipments

D: Contract period: Until 175,000MT shipped. Maximum within 8 months of contract execution

E: Price options: Fixed

F: Target Price includes 20 US$ commission:
Fixed first shipment 25,000MT $205 USD PMT
Remaining 150,000MT $180 USD PMT

G:Product origin: Brazil

H: Destination Port(s): Um Qasar Port Iraq

I: Payment:
Fixed first shipment 25,000MT $210USD PMT. Fully Funded Documentary Letter of Credit (FFDLC), Confirmed, Irrevocable, due at Sight. Non- Transferable, Divisible. First line Bank 100% .

Remaining 150,000MT $180USD PMT. Fully Funded Documentary Letter of Credit (FFDLC), Transferable, Divisible, Confirmed , at sight. First line Bank 100%.

J: Inspection: Required by SGS or equivalent at sellers expense.

K:Shipping: 30/45days after receipt & acceptance of the L/C.

L: Performance Bond: 2% by the seller’s bank in favour of buyer’s bank. (Internationally accepted)

M: Packaging requirements: 50 Kg

NOTE IMPORTANT CONTRACT CONDITION

- SELLER MUST AGREE UPON RECEIPT OF FORMAL LOI TO PROVIDE PROOF OF CAPACITY WITHIN 24 HOURS OF LOI RECEIPT (BANK TO BANK BY SWIFT or BANK TO BANK FAX OR TELEPHONE CONVERSATION) VERIFYING THAT SELLER IS ENGAGED IN SUGAR BUSINESS AND FURTHERMORE HAS THE CAPACITY TO ACCEPT PAYMENT INSTRUMENT INDICATED! NOT TO BE CONFUSED AS A POP.
- WE ARE ASKING THAT AS A CONDITION OF YOUR AGREEING TO ACCEPT A FORMAL LOI AS REQUESTED THAT SUPPLIER IN TURN AGREE IN ADVANCE TO PROVIDE BASIC INFORMATION. SHOULD THIS BE AGREED TO AND NOT SUPPLIED THEREAFTER ALL NEGOTIATIONS SUSPENDED.

WE NEED ONLY AND ONLY SERIOUS SELLERS NOY GUYS WHO SAY STORIES. PLEASE CONTACT DIRECTLY OUR AGENT: Mr. MEHREZ BY PHONE 0032 479 97 39 80 or mail: adelmehrez@hotmail.com

Best regards