We are the official Mandate of the biggest Sugar Seller in Brazil.
The procedure which is on the FCO and the CONTRACT are not negotiable (Procedure of the Brazilian End Seller).
Straight Forward Procedure:
- LOI
- SCO
- ICPO + RWA
- Draft Contract
Proof of Product against Proof of Fund.
1/ We are not giving Performance bond (People have not been giving PB for 4 years in sugar)
2/ All negotiation will be made bank to bank
ARTICLE 52: PENALTY /FINES
Two percent (2%) of total contract value applicable to all the Parties if either party fails to fulfill the terms of the SPA/ Contract at any point of time.
Price depends on the quantity:
(Here is the example of our last client)
100,000 MT SPOT - via DLC as a guarantee ($290)
200,000 x 12 - ($275) via DLC
PS: Buyer needs to provide an Official LOI to get an Official FCO.
We are RWA to have a Conference Call at anytime.
Respect & Transparency are KEY to make a deal come true.
