Sugar ICUMSA 45

9. Buyer must inform in this contract all the ports of destination that can be used to be created a formal schedule for delivery.

8. Shipment as mentioned in the contract starts not later than 30/45 days.

7. Seller's Bank send PB to activate the non operative LC + POP to the Buyer's Bank.

6. Buyers Bank post the non-operative payment instrument of the value of the contract, blocked and sends to the Seller's Bank.

5. Buyer sends draft contract signed by fax and e-mail and the seller send original contract     any facsimile or electronic copies, shall be considered as the original.

4. Seller sends draft contract and confirms procedure to discuss the clauses.

3. Buyer sends FCO signed and sealed.

2. Seller sends FCO signed and sealed.

1. Buyer sends LOI with RWA.

Packed in 2-ply woven bags 50 kg PP Polyethylene (PE) Liner, in slings or on pallets suitable for ocean transportation. Seller will provide 2% extra bags. Bags to be labeled in English Language indicating: 1) Net weight, 2) Sugar Cane ICUMSA 45, 3) Country of Origin 4) No producer name. Each empty bag's net weight to be 180 gram (min) Full bag has net weight of 50kg.

PACKING:                50KG PP BAGS.

 INSPECTION: LOAD PORT - Societe Generale de Surveillance (SGS) at SELLERS cost shall inspect the commodity at the place of loading. SGS shall issue an inspection certificate of quality and quantity for the shipment to certify that the goods are in good order and condition and conforms to the specifications herein stated.

PERFORMANCE BOND:  Seller will provide 2% performance bond total contract

PAYMENT TEMS:  unconditional, disencumbered, transferable and divisible BG/SBLC 30%  amount contract as guarantee and each shipment will be paid by DLC  or T.T. , renewable annually  and confirmed by a Top 50 Bank European or USA Bank only.

PRICE PER METRIC TONS:  US$ 340,00 ( to be confirmed )  by Metric Tons of ICUMSA 45

PRODUCT DISCHARGE: Minimum discharge rate at port of destination is        1500 MT per weather working day (WWD).

DESTINATION: CIF ASWP 

LOADING PORT:   Port of  Brazil

Brazilian Sugar ICUMSA 45