Brazilian origin Icumsa 45 white refined sugar available for CIF term. Procedure as follows:
1. Buyer issues a Letter of Intent (LOI) that includes the terms and other conditions listed here
with their requested product, quantity and requested price.
Once the LOI is received from the Buyer, the seller will issue the COMPLETE
CORPORATE OFFER (FCO) within 48 hours confirming the product, quantity and selling
price.
2. Buyer confirms and approves the FCO within five (5) days; signed and stamped, and
attaches their ICPO + CIS to the seller. In countries where government clearance and/or quota is
required, proof of such customs clearance and/or quota will be required at time of ICPO.
3. At the Buyerâ??s request and sellerâ??s discretion, a meeting with the buyer and buyer's legal
representative and seller may take place via zoom, google meet or similar. ( Optional )
4. After the signed FCO + ICPO + CIS has been received, verified and approved (and any necessary
meetings taken place), the seller will issue the contract (SPA) to the buyer on the agreed
terms.
5. Once the contract is drawn up and accepted by the buyer, the buyer must return the
contract within a maximum of two (3) days.
6. After receiving the contract accepted by the buyer, the seller will send a signed, sealed
copy to the buyer together with the Proforma Invoice (PI)
7. Buyer will have 48 hours to signs and return the Invoice.
8. Once the Invoice is accepted in-full, the Buyer and Seller will deposit a copy of the fully
executed contract (SPA) with the respective banks.
9. Within seven (7) days from the deposit of the contract (SPA), the buyerâ??s bank will issue the
financial instrument ( MT 760 SBLC / MT 700 DLC ), 100% open, confirmed,
irrevocable, non transferable, divisible, and negotiable for the total amount of one month,
renewable during the duration of the contract plus one day. Buyer's issuing bank must be
a first-class, global bank accepted by the sell
Gum arabic consists mainly of high-molecular weight polysaccharides and their calcium, magnesium and potassium salts, which on hydrolysis yield arabinose, galactose, rhamnose and glucuronic acid.
Gum arabic is also available commercially in the form of white to yellowishwhite flakes, granules
