SOFT OFFER FOR THE PURCHASE OF 10.000.000 MT
OF WHITE REFINED CANE SUGAR - ICUMSA 45 RBU
Specifications:
COMMODITY: WHITE REFINED CANE SUGAR ICUMSA 45 RBU
QUANTITY: 10.000.000MT (Ten million METRIC TONS) +/- 5%
PRICE: US$ 210,00 per MT
DELIVERY: 250.000 MT/month 40 months
DESTINATION: ASWP
INCOTERMS: CIF
ORIGIN: BRAZILSOUTH AMERICA
SPECIFICATION:
COMODITY : White Refined Cane Sugar
ICUMSA : 45 RBU
Polarization : 99,80% min
Moisture : 0,04% max by weight
Ash content : 0,04% max by weight
Solubility : 100% dry/free fine flowing
Radiation : Normal With in internationally accepted limit
Crop : Current
Ash content : 0,04% max
Magnetic particles: 4 Mg / k
SO2 : 70 Mg / k
Colour : Sparkling White maximum 45 Icumsa attenuation units (Icumsa method n?
1978)
Granulation : Fine Standard
Ash by electrical: 0.04 % Max. (on dry weight basis)
Conductivity
Sulphur Dioxide: 20 mg/kg Min.
Sediments : None
Smell : Free of any smell
Reducing Sugar: 0.05% Max by weight
HPN Staph Aureus: Nil
Max AS : 1 P.P.M.
Max PS : 2 P.P.M.
Max CU : 3 P.P.M.
Substance :Solid Crystal
Documents:
Commercial Invoice
Bill of Lading
Inspection Certificate by SGS
Weight quality and quantity issued by SGS
Certificate of Origin
Packing List in Triplicate
Phyto sanitary Certificate
Fumigation Certificate
Radiation Free Certificate
Insurance Certificate
Packing: In new sacks of 50 kg. PP. Polyethylene (PE) Liner, in slings
or on pallets suitable for ocean transportation Seller to 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.
Payment: BG or SBLC, for minimum of two months, confirmed by TOP 25
World Bank (European or American), payable 100% at sign as per contract,
Irrevocable, confirm, transferable, divisible.; AND THE SHIPMENTS WILL BE
PAY BY SWIFT WIRE TRANSFER WITHING 5 BANKING DAYS OF
PRESENTATION OF SHIPPING DOCUMENTS AT BUYERS BANK.
EACH SHIPMENT WILL BE DUE AND PAYABLE NO LATER THAN 5 (FIVE) INTERNATIONAL
BANKING DAYS
FROM THE PRESENTATION AND ACCEPTANCE OF SELLERS DOCUMENTS TO BUYERS
BANK.
Procedure of work:
1. Buyer issues his official LOI (letter of intent), with full banking coordinates of his bank
account, and authorization to verified funds on his account by the seller bank ( Soft Probe),
and also issues his bank capacity letter (BCL).
2. Seller issues the contract and sends it to the buyer.
3. Buyer review signs the draft contract (notarized) and sends it back to the Seller. The
seller sign and send the notarized contract copies to the buyer.
4. Buyers bank, within five ( 5 ) banking days after receipt the contract sign by the seller
shall issues and send by swift to the sellers bank, the NON OPERATIVE SBLC (standby
letter of credit) irrevocable, confirmed, transferable, assignable, issued by a top 50 world
bank, payable 100% at sight at counter of the sellers bank.
5. Within up to seven (7) banking days after receive the NON OPERATIVE SBLC by Swift
MT 799 sellers bank shall make the deposit of the PB (2%) to the buyers bank. PB (2%)
deposited to the buyer's bank, the non operative SBLC WILL BE FULLY ACTIVATE.
6. Sellers bank issue and send to the Buyers Bank the POP (Proof Of Product)
7. Shipping begins and vessels leave the port within 10 days of receive and confirm the
SBLC at sellers bank.
8. Sellers bank will review and verify the full set of shipping documents and delivery this
full set of shipping documents to the Buyers bank, funds will be released within two (2)
banking days after Buyers Bank receive the shipping documents and the shipping
documents are verified, authenticate and be acceptable to the Buyers bank. BUYER CAN
MAKE A PHYSICAL INSPECTION TOGETHER WITH SGS AT THE TIME OF LOADING OF
PRODUCT.
Insurance: Provided by Seller to the benefit of the buyer for a total of
110% of the buyers cost.
Performance Bond: An Operative Performance Bond will be provided
bythe Sellers Bank within 07 Banking Days after Sellers Bank receipt ofan SBLC. The Performance Bond shall be sent to Buyers Bank and
shall be equal to 2,0 % (Two Per Cent) per Metric Ton based on auto
revolving monthly delivery.
Inspection: SGS or equivalent done by exporter (Seller) at loading
port.
Delivery: 30/45 days after Sellers Bank acceptance of banking
financial instrument issued by Buyers Bank.
LOI + BCL OR RWA needed
Minerals Trader
Ph: + 54 9 3722 623 925
Argentina