Commodity: Refined Cane Sugar Icumsa-45.
Origin: Brazil
Packing: In 50 Kilo bags.
Specifications Refined Sugar Icumsa-45: Polarization: 99.80 Degrees min.
Ash Content: 0.04 Max.
ICUMSA: 45 RBU
Solubility: 100% Dry and Free Flowing
Color: Sparkling White. Maximum 45 Icumsa attenuation index units
Radiation: Within internationally accepted limits. Granulation: Fine to Medium
Moisture: 0.04% Max.
Magnetic Particles: 4Mp/k
SO2: 70 Mg/k
Ash By Electrical Conductivity: 0.04% Max. [on dry weight basis]
Sulphur Dioxide: 20 mg/kg Min.
Sediments: None.
Smell: Free of any Smell
Reducing Sugar: 0.05% Max. by weight.
HPN STAPH AUREUS: Nil.
MAX AS: 1 P.P.M.
MAX PS: 2 P.P.M.
MAX CU: 3 P.P.M.
SUBSTANCE: Solid Crystal
CROP: Fresh Crop
Quantity & price value:
Contract x 12 months
PRICES:
12,500mt - 320.00 usd/mt CIF
25,000mt - 310.00 usd/mt CIF
50,000mt - 2850.00 usd/mt CIF
100,000mt - 270.00 usd/mt CIF
PAYMENT: By Irrevocable, Transferable or Non Transferable, Confirmed DLC 100% Payment at Sight L/C for total Quantity from Top Western Prime Bank.
Performance bond: The Seller will Post 2%Performance Bond after Receipt of Payment Instrument to the Seller.
POP- PROOF OF PRODUCT: POP- Proof of Product can be obtained by Bank to Bank before LC against POF/MT799 to The Sellers Bank Before Opening the Payment Instrument to the Seller.
INSPECTION: S.G.S Inspection for Quality and Quantity Service at Sellerâ??s Cost shall inspect the Commodity at Place of Loading.
PROCEDURES:
Buyer submits ICPO & BCL not older than 5 banking days.
Seller approves ICPO and BCL.
Seller Issues FCO.
Buyer sends signs FCO with all information completed.
Seller issues Contract for Buyer's signature and Buyer returns signed Contract to Seller .
Buyer Bank Issues Non-Operative Letter of Credit to the Seller in 5 Working Days After Signing the Contract.
Sellers Bank confirms POP 2% PB and Activate the Letter of Credit.
Shipment commences as per contract
