Commodity: ICUMSA 45 Origin: Brazil Packing: in 50 kg. net weight bags. Inspection: SGS at loading port Performance Bond: 2% (for contracts only) Insurance: 110% Prices: CIF ASWP Payment: - Spots: Irrevocable Transferable, Confirmed DLC 100% at sight for total quantity from Top Western Prime Bank. - Annual Contracts: By RDLC: Irrevocable, transferable, divisible and confirmed Auto Revolving Documentary Letter of Credit from Top Western Prime Bank corresponding to the monthly shipment, revolving the number of months specified in contract, payable at sight at Sellerâ??s Bank + the contract guarantee in form of an irrevocable, transferable, divisible, assignable and confirmed Stand-by Letter of Credit (SBLC) corresponding to 2 (two) months of the contract with a maturity of 13 (thirteen) months. CIF ASWP at Price in US$ / MT Contract Shipments Spots PRICE: 12,500 Spot 460$ 25,000 Spot 450$ 50.000 Spot 440$ 100.000 Spot 430$ Procedures: 1.Buyer issues a LOI; 2.Seller Representative issues oficial SCO; 3.Buyer signs and seals SCO and issues ICPO + CIS/KYC + BCL; 4.Seller mandate issues FCO + NCND; 5.Buyer signs, seals and returns the FCO + NCND; 6. Seller issues Draft Contract; 7. Buyer signs, seals, and returns the Contract; 8. Seller signs the Contract and returns it to the Buyer; 9. Within 3 (three) banking days, the buyerâ??s bank sends a Non-Operative financial instrument for total shipment value to the sellerâ??s bank; 10. Within 5 (five) banking days, the sellerâ??s bank sends Proof of Products (POP) + 2% PB via swift bank-to-bank methods and activates payment instruments; 11. Financial instrument 12. Shipment starts.