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Wanted : Refined Cane Sugar

Buyer From India
VERIFIED

Expires in 33 days

  • Destination: India
  • Date: Oct 25, 2024
  • Target Price: Negotiable
  • Quantity Required: 100,000 tons Monthly
  • Payment Terms: Buyer will issue an Irrevocable, non-transferable, divisible, revolving DLC MT700, payment by DLC MT700 via MT103 against presentation of the original documents on loading port bank to bank.
  • Shipping Terms: CIF
  • Looking for suppliers from: Worldwide
Product Description:
Buyer is interested to receive quotations for the following RFQ -

Product Name: Refined Cane Sugar

Specifications:
Qty: Trial - 50000 tons, regular - 100000 tons x 12 months

PROCEDURE
Buyer send LOI to seller
SellerExporter issues FCOSCO together with the following documents
21 Videos of the operating factory warehouse and sugar videos with the factory name included if seller is not the direct factory pls take the videosphotos in the factory and with a staff to show a paper that wrote with their company name and date

Formal analysis report
GACC Certificate of exporter and sugar plant


Signing of the confidentiality agreement NCNDA if request


Buyer issues ICPO Irrevocable Corporate Purchase Order


Seller issues the draft contractSPA
Buyer and Seller reviews revise and confirm the contractSPA
Seller provide the following documents to buyer
Latest past loading records loaded by vessel not containers include Bill of Lading inspection Report CO Phytosanitary Certificate of a China shipment
An allocation quantity letter issued from the sugar plant to the exporter to proof the supplied quantities from the seller If seller is the sugar factory directly a document for proof of production capacity shall be providedif available


Seller sends the Proforma Invoice
Buyers bank send the nonoperativeDRAFT DLC MT700 irrevocable NONtransferrable divisible revolving
Seller check and confirm the nonoperativeDRAFT DLC MT700
Sellers bank send the nonoperativeDRAFT 2 PB Performance Bond via SBLC MT760 or TT MT103
Buyer check and confirm the nonoperative 2 PB
Buyers bank issue the operative DLC MT700 to sellers bank
Sellers bank send the operative 2 PB Performance Bond via SBLC MT760 or TT MT103 to buyers bank from the top 100 ranking word bank 2 PB value will be 2 of the DLC total value
Seller send the invitation letter to buyer for visiting the plant warehouse and loading
Once seller sign the charter party seller provide copy of the charter party contract and the delivery schedule to buyer
Seller arrange inspection and loading of the cargos and inform buyer all the shipment details and send out full set POP include the SGSCCIC report
Seller present all original shipping documents include BL to bank under DLC MT700
Buyer settle the payment via MT103 under DLC MT700
Buyer arrange inspection on destination port after issuance of the SGSCCIC report at destination port if there are different on the weight of the cargo seller issue the final invoice to debit or credit the buyers account on the next shipment
All subsequent shipments will be followed the same procedure
Remarks Buyer can provide BCLPOF after sign the contractSPA and after receive the documents that can proof of the product source is reality

Contact : J Saravanan

Seller Responses (23 Total)

R*** S*** B*** L***
(4.5)
Oct-26-24
GOLD Member,   Supplier from United States
A*** B*** T***
(4.4)
Oct-29-24
GOLD Member,   Supplier from South Africa
M*** 8*** L***
(4.2)
Oct-28-24
GOLD Member,   Supplier from United States
E*** L***
(3.7)
Oct-26-24
GOLD Member,   Supplier from Poland
J*** I*** (*** P*** L***
(3.7)
Nov-02-24
GOLD Member,   Supplier from Singapore
This lead has received 18 more responses
 
 
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