Sugar offer 12/01/03Origin: Brazil,&southamerica at seller's optionAll prices CIF aswp/mt ffdlc at sight 100% in USDPayment method transferable from top 25 world bankAlso for all transactions we require a pb of 200k USD so we know the buyers serious and clear about there intentions.The buyer will minus the $200,000 from the l/c total.FfdlcOrders below 100k are fixed at $198/mt CIF100,000 -$152.00200,000 -$148.00300,000 -$143.00400,000 -$141.00500,000 -$138.00600,000 -$136.00700,000 -$133.00800,000 -$131.00900,000 -$130.001 m - $tbaBeet sugar $14.00 more per mtLower prices when payment slc or pbgOne dollar commission allowed on our prices two brokers no more!!!We do this to keep the price below marketThe following are our procedures for the sell of sugar:1. ) soft quotes via e-mail - - price is not final until the contract is signed.2. ) end buyer sends complete loi.3. ) buyer sends bcl, after receiving bcl seller sends s/p contract4. ) buyer returns s/p contract via fax/e-mail. Seller/mandate sends brokers' fpa. Also for all transactions we require a deposit of 200k USD so we know the buyers serious and clear about there intentions.5. ) buyer opens operative payment instrument.6. ) seller provides proof of product&opens performance bond.7. ) shipments commence as stated in the contractIf payment is a revolving transferable l/c:8) the buyers bank shall issue a bank guarantee from a western bank that shall be called apon by the seller, without protest from the buyer or its bank, if the buyer fails to perform on a monthly basis.Of $5 million dollarsArticle 20 - non-compliance penaltyThe seller warrants paying all charges of loss and damage incurred to the buyer if the seller fails to execute the loading of goods to the destination within the specified time.The buyer warrants to pay all charges of loss and damage incurred to the seller in case he fails to make the letter of credit operational as per the payment terms of this agreement within the specified time.
Sugar offer 12/01/03
Origin: Brazil,&southamerica at seller's option
All prices CIF aswp/mt ffdlc
Color: | Clear |
Type: | Beet Sugar |
Category: | Sugar |