Sugar ICUMSA 45

SUGAR
White refined sugar ICUMSA 45


Origin: Brazil

Price Quote: $ 220 USD *1 [1M M/T]

Price Quote: $ 190 USD *1 [4M M/T]
minimum: 25,000 M/T
maximum: 10M M/T
origin: BRAZIL
ports: ASWP
terms: CIF


M/T = metric tonne
M M/T = million metric tonnes

*1 = soft quote


Contracts or Spot Deals are acceptable.
Please kindly provides us the buyer LOI.


Payment:

Irrevocable, transferable, divisible, confirmed L/C fully funded documentary letter of credit 100% payable at sight issued and confirmed by a prime bank, PBG2%


Specification:

Commodity: White refined sugar ICUMSA 45

PPRODUCT & GRADE
REFINED WHITE CANE SUGAR GRADE A ICUMSA 45 RBU
SPECIFICATIONS
**POLARIZATION 99.80% DEGREES MIN
**ASH BY ELECTRICAL CONDUCT 0.04% MAX (ON DRY WEIGHT BASIS)
**ASH CONTENT 0.08 MAX
**MOISTURE 0.04% MAX
**ICUMSA 45 RBU MAX, (BRAZIL S.G.S. SCALE)
**SOLUBILITY 100% DRY AND FREE FLOWING
**COLOR SPARKING WHITE
**ICUMSA MAXIMUM 45 ATTENUATION INDEX UNITS (ICUMSA METHOD NO.: 4-1978)
**RADIATION WITHIN CS-137 OF 50 BQ PER KG
**GRANULATION FINE CRYSTAL
**CROP LATEST
**MAGNETIC PARTICLES MG/KG 4 MAX
**SO2 MG/KG 20 MAX
**SULPHOR DIOXIDE 20 MG/KG MIN
**SEDIMENTS NONE
**SMELL TYPICAL AND SPECIFIC FOR SUGAR
**REDUCING SUGAR 0.05% MAX BY WEIGHT
**HPN STAPH AUREUS NOT DETECTED IN 1 GRAM
**MAXIMUM AS 1 P. P. M.
**MAXIMUM PB 1 P. P. M.
**MAXIMUM CU 3 P. P. M.
**SUBSTANCE SOLID CRYSTAL
**TOLERANCE 5% (+/-)
** FIT FOR HUMAN CONSUMPTION


Procedures:

1) Buyer agrees on the pricing by phone, e-mail, or fax with Seller (DCI). Pricing is different for products in stock ready for immediate shipment as compared to 35 to 45 days delivery. Then Buyer and Seller sign contract.


2) Seller's ( DCI ) bank officer will call Buyer's bank officer by telephone to verify that the Buyer has funds to do the transaction. Buyer must advise their bank officer to expect this phone call.


3) Once Seller's bank officer confirms the availability of funds, Seller's bank will transmit proof of product ( POP) to Buyer's bank via SWIFT.


4) Buyer's bank officer can call Seller's bank officer again to confirm, and discuss the payment methods - either MT 103, L/C, Bank undertaking, Bank Guarantee, etc.


5) Buyer's bank issues agreed upon payment methods as indicated in step 3 above, and Seller makes vessel booking and transmits the booking information to the Buyer. Again, Buyer can call the port authority to confirm the booking.


6) Seller loads the product on vessel and SGS office e-mails the SGS report directly from SGS office to Buyer. Please note that this is very important to prevent FRAUD on the SGS certificates. By having SGS office e-mail the SGS report directly ot the Buyer, and then having the Buyer contact SGS directly to confirm that the report is genuine, there is no chance of errors.


7) Buyers bank then releases the payment to the Sellers Bank and collects shipping documents.



NOTE:


D/P ( Document Against Payment) is a very popular method of payment for international business. The procedure is as follows: D/P (document against payment) The Seller makes the shipment and sends the shipping documents to Seller's bank for collection. Seller's bank then sends the shipping ocuments along with a collection letter to the Buyer's bank. Buyer's bank then sends a collection notice to the Buyer. The Buyer authorizes the payment upon receiving the notice. Only after payment is made does the Buyer receives the original shipping documents which the Buyer needs to take physical possession of the shipment.


The major advantage of using "cash against documents" payment is the low cost, as compared to using a "letter of credit". The risk is with the Seller. This is because if for some reason, the Buyer rejects the documents (perhaps he does not need the shipment any longer), the Seller is stuck with the shipment and needs to find another buyer.


Since the cargo would have already been loaded onto the vessel (to generate the shipping documents), the Seller has little recourse against the Buyer in cases of non-payment. So, a payment against documents (D/P) arrangement involves a high level of trust between the Seller and the Buyer and are usually offered to the Seller's best and most trusted customers.


We are registered seller mandate, please contact us only if you are the actual buyer.

SUGAR
White refined sugar ICUMSA 45
Origin: Brazil
Type: ICUMSA 45
Price Quote: $220 USD*1 [1M M / T]