2.400 TONS 8 (200 TONS) X 12 USD 575
12.000 TONS 40 (1000 TONS) X 12 USD 540
12.500 MT X 12 MONTHS (150.000 MT PER ONE YEAR) USD 370 PER ONE MT
25.000 MT X 12 MONTHS (300.000 MT PER ONE YEAR) USD 360 PER ONE MT
Terms and conditions
Product: sugar icumsa 45 white
Refined cane sugar human consumption
Origin: brazil
Quantity: 150, 000 mt (12 x 12, 500mt) contract
Price: us$412 /mt cif - middle east port - aswp
Delivery: first shipment – 30/45 days
Packing: 50 kg branded bags packed 1/ 1.5/ 2 mt in bulk in jumbo sling bags
Inspection: s.G.S inspection at seller’s cost at loading port.
Insurance: 110% to be covered by the seller.
Payment: 100% letter of credit irrevocable, transferable; to be
Paid against presentation of shipping documents to the buyers
Bank. Bank top 25 world banks acceptable.
Procedures:
1. Buyer provides icpo+bcl
2. Seller provides draft sale and purchase agreement
3. Buyer and seller exchange contract by email
Allowing for signatures
4. Buyer instructs his bank to issue a 100% irrevocable, transferable
Confirmed lc with instructions to be paid upon presentation of shipping
Documents to buyer’s bank.
5. Seller instructs the mill to produce the sugar type and quantity required.
6. Within 7 banking days of receiving the payment instrument pop (proof of
Product) is sent bank to bank.
7. Within 30/45 days of receiving the payment instrument the product will be
Loaded and ready to ship
8. On or about the final day of loading we send the interim bill of lading,
Shipping invoice, sgs report and charter party agreement to buyer and
Their bank.
a. Buyer issued ICPO + BCL +NCND + COPY OF PASSPORT OF BUYER AND INTERMEDIARIES
b. F.C.O. AND “Contract” issued.
c. Buyer signs, seals and returns the Contract duly signed and sealed.
d. Within five (5) banking days, Buyer’s Bank sends a Financial Instrument
for total value of contract to the Seller’s Bank
e. Within seven (7) banking days, Seller’s Bank sends Proof of Product (POP) via SWIFT, bank to bank,
to activate Buyer’s Financial Instrument
f. Shipments commence in accordance within Contract.
