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CORPORATE OFFERSPECIFICATION OF THE PRODUCT:COMMODITY SPECIFICATION: White Refined Sugar ICUMSA 45 from current crop, fit for human cpmounstion.ORIGIN: Brazil• Polarity at 20 Deg. Centigrade: 99.80 Min.• ASH Content: 0.04% Max.• Moisture: 0.04% Max.• Solubility: 100.0% dry and free flowing.• Granulation: Fine• ICUMSA: Max. 45 ICUMSA, Attenuation Index Units• Sediments: None• Color: Sparking crystal white• Crop: Correspondent for the year in curse.• Magnetic Particles: mg/K4 SO mg/k 20• SO2: 20 PPM• Radiation: Normal certified• Smell: Free of any smell• Reducing Sugar: 0.05% max• Substance: Solid, Crystal max• Max AS: 1 p.p.m• Max OS: 2 p.p.m.• Max CU: 3 p.p.m.• HPN STAPH AUREUS: NIL• MOLD & YEAST UFC/10G 10 MAXIMUM CUBED• Phytosanitary Certificate of no radiation, no virus, no insect parts, no poisonous matter and non-genetic and is suitable for human cpmounstion.THESE PRICES ARE VALID AS OF JULY 2012 AND CAN CHANGE WITHOUT NOTICE. QUANTITY MT CIF ASWP USD/MT DELIVERY12,500 500.00 SPOT25,000 487.00 SPOT50,000 473.00 SPOT100000 460.00 SPOT150,000 455.00 12,500 X 12 MONTHS300,000 440.00 25,000 X 12 MONTHS600,000 426.00 50,000 X 12 MONTHS900,000 420.00 75,000 X 12 MONTHS1,200,000 416.00 100,000 X 12 MONTHS2,400,000 412.00 200,000 X 12 MONTHSNOTE: Due to sugar fluctuations, the above prices are to be used as reference prices only. Final and firm prices will be supplied on the end seller’s FCO once we get ICPO from the end buyer.THIS PAYMENT TERMS AND PROCEDURES SHOULD APPEAR IN THE ICPO/LOI.PAYMENT TERMS:For 12 month contract: Payment shall be by irrevocable, unconditional, confirmed, open and unrestricted Auto-Revolving Documentary Letter of Credit for total value of the first month shipment valid for the contract termorStand-By Letter of Credit (SBLC) for total value of the first month shipment valid for the contract term and thereafter a revolving MT 103orT/T every month for the term of the contract against documents required by the bankFor SPOT payment: Payment shall be by irrevocable, unconditional, confirmed, open and unrestricted Documentary Letter of Credit (DLC)orMT 103/23orT/T issued for total value of the shipment of supplies for the term of the contract against documents required by the bankPROCEDURES:1. Buyer issues ICPO/LOI with full coordinates.2. Seller issues the draft contract for review, minor corrections, signature, seal, date, and exchange by e-mail first. Buyer’s approved copy of the returned draft contract must be accompanied by a draft copy of financial instrument that will be issued.3. Seller and Buyer sign and exchange final contract. Final contract will be sent in PDF format electronically. Buyer approves final contract, prints four copies, signs, seals, dates, and forwards by courier to the seller. Seller will sign, seal, date and return two copies to buyer by courier. Contracts are filed with the buyer’s and the seller’s respective banks.4. Within two (2) international banking days, the buyer's bank will issue the payment instrument for the first month shipment in favor of the seller at seller's bank.5. Seller issues bank to bank proof of product (POP) and a 2% performance bond (PB), drawn on Sellers bank as guarantee of shipment, the issuance of the POP and 2% PB shall activate the financial instrument.6. Seller sends title to buyer via email and/or courier service within 24 hours of receiving and confirming operative banking payment instrument.7. Shipment (s) start as per schedule as agreed in the contract.8. Sight pay, upon loading of the specified ICUMSA 45 at departure port (sight pay), seller delivers the shipping documents required (see below) along with an invoice for payment to buyer's bank.9. The Seller guarantees on his account that each shipment of ICUMSA 45, will be provided with inspection of weight and quantity and quality at the time of loading. Certificates shall be provided by SGS or similar authority at the Seller’s expense and shall be binding for both parties. Seller instructs such authority to carry out the inspections in strict rules and in accordance with the specifications in Annex A or the International Chamber of Commerce rules (Incoterms 2010 latest edition, with all amendments).10. Upon completion of the first shipment, payment with the agreed financial instrument as applicable will be automatically extended for the second shipment and further to be extended, until the contract is completed totally for the quantity of ICUMSA 45 standards as specified in the contract.11. Upon receipt of shipping documents for (each shipment) required for the payment, buyer's bank will make the payment as required to seller's bank within the contract specifications.12. Seller provides 110% Insurance in favor of the buyer.Agent of CommoditiesAmmar Omar-aghaToronto, Canada001-647-853-7807
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(VISITOR) AUTHOR'S NAME
Mafe
MESSAGE TIMESTAMP
16 december 2014, 18:51:47
AUTHOR'S IP LOGGED
62.210.78.179
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