The Brazil Sugar Choice Agency United Kingdom

The Brazil sugar choice agency international a promise of undertaking for and on behalf of buyer Brazil ICUMSA 45 white refined sugar sell. We at the Brazil sugar choice agency international, on behalf of our sellers, hereby confirm that we are ready, willing and able to sell sugar ICUMSA 45 with the following undertaking as at the 12th april 2006: Expected days of delivery:30 days to 40days (maximum 35days approximately) 12,500mtcif $267 - $295 per ton 50,000mtcif $245 - $260 per ton 75,000mtcif $248 per ton 100,000mtcif $225 - $250 per ton 200,000mtcif $200 per ton 800,000mtcif $218 per ton 1,000,000mt CIF $205 per ton 1,700,000mt CIF $170 per ton 50,000,000mt CIF $118 per ton 80,000,000mt CIF $110 per ton 120,000,000mt CIF $113 per ton This delivery applies worldwide. The Brazil sugar choice agency international (this is a binding agreement between the buyer and seller) Below are the globally accepted proceedings adopted by the Brazil constitution for all sellers of cane sugar. (note: These are non-negotiable procedures for processing orders) A statement of understanding between: The buyer and the Brazil sugar choice agency international (on behalf of the seller). (buyers & sellers) 1. Buyer sends LOI & bcl or LOI with full banking details allowing a soft probe. 2. Seller sends the fco. 3. Buyer issues icpo or returns signed fco. 4. Seller sends draft contract duly signed, sealed and stamped. 5. Hard contract copies are exchanged and signed. 6. Seller issues proof of product (pop) eight (8) banking days after receiving pof. (non-operative lc). 7. Seller issues performance bond 2% to activate lc. 8. Shipment and payment are then made. You will sign contract with the seller directly. In order for the seller to send you their fco please send a dated LOI and bcl with full banking details and address to the Brazil sugar choice agency (on behalf of the seller). We may not be able to respond if, the above procedures are not adhered to. We value your business but if, you are not in agreement with the above procedures then we are sorry but we could not do business with you. Please do not insist on any other suggestions on the procedure as they have been adopted after a long period of experience. Looking forward to doing business with you.