Icumsa 45

COMMODITY: Excellent Refined sugar cane ICUMSA 45ORIGIN: BrazilQUANTITY MIN:12,500 MT/month (+/- 5%)QUANTITY MAX AVAILABLE:10,000,000 MTCROP:2004-2006 Attenuation IndexPACKING: Bulk or 50 Kilo PP Bags with polythene inner.2% of empty bags supplied free of Charge.PRICE LIST: - Brazilian Sugar ICUMSA 45 RBU CNF BASIS on ASWP.I must have a buyers LOI and BCL to proceedQUANTITY ANNUAL QUANTITY SPOT12,5KX12 214$ 12,5K 270$25KX12 208$ 25K 265$50KX12 202$ 50K 260$75KX12 196MT 75K 255MT100KX12 188MT 100K 250MT150KX12 182MT 150K 245MTINSPECTION: Survey SGS or any International Surveyor on Seller s expense and certificate on weight and Quantity will have to be provided as part if the shipping documents to be presentedSHIPMENTS: Shipment 30-45 day from the date of the L/C delivered to seller s bank.DESTINATION PORT: Any Safe World Port.PERFORMANCE BOND: Seller will provide 2% Performance Bond of the contract LC value to the buyer within 7 (seven) working days from receipt of the Non Operative L/C active automatically.PAYMENT INSTRUMENT: (a) Fully funded, divisible, transferable, irrevocable, Confirmed letter of credit (FFDLC) Issued by a prime bank paid 100% at sight against delivery documents.(b) Fully funded irrevocable, transferable, divisible STANDBY LETTER OF CREDIT Unconditional Confirmed by prime bank, valid for 12 months and one (1) day for The total Quantity.PROCEDURE:1. Buyer sends LOI (Letter of Intent on Buyer company letter head) and BCL (Bank Comfort Letter) or LOI with Soft Probe, not older than 10 days.2. Seller sends FCO (Full Corporate Offer) in favor of the Buyer.3. Buyer Returns FCO signed and Stamped accepting price and terms of sale and issues ICPO (Irrevocable Confirmed Purchase Order).4. Seller approves and Send the Draft Contract. Seller will not accept any alterations, modifications or changes on the contract, regardless of how minor.5. Buyer approves and signs the contract and sends draft copy of L/C (Letter of Credit) from top 25 World Bank.6. POP (Prove of Product) vs. POF (Proove of Funds) - Bank to Bank.7. Buyers emit the L/C non-operative.8. Seller emits 2% PB (Performance Bond).9. Shipment starts 25 - 30 days10. Delivery is on CIF terms only to Any Safe World Port according to INCOTERMS