Sugar ICUMSA 45

SUGAR ICUMSA 45Origin Brazil Quantity: 12,500 MT X 12: USD 315.00 25,000 MT X 12: USD 305.00 37,500 MT X 12: USD 285.00 50,000 MT X 12: USD 265.00 100,000 MT X 12: USD 240.00 250,000 MT X 12: USD 235.001,000,000 MT: USD 220.00 Greater than 1,000,000 MT call for pricingContract minimum 12 months. Payment: FFSBLC total contract, or BG Unconditional, transferable, divisible, irrevocable, CIF. Procedures: 1) Buyer issues a LOI + RWA + NCND 2) Seller issues FCO 3) Buyer sign seal and return the FCO 4) Seller issues Draft Contract 5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer 6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks. 7) Within 3 (three) banking days, Buyer Bank sends a Non-operative FFSBLC or BG for total shipment value to the sellers Bank 8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank to Bank methods to the Buyers Bank 9) FFSBLC or BG operative. 10) Shipment. SUGAR PRICES 2007 SUGAR PRICES MAY CHANGE IN 2008Other InformationLocation: Brazil All Deliveries CIF Any Safe PortMinimum Order: 25,000MT Price for Minimum Order: AT SPOT PRICE IF NOT CONTRACT

Brazilian Sugar ICUMSA 45