SUGAR

Sugar ICUMSA 45 in Bulk Vessels,
Origin: Brazil
Procedures: ( NEGOTIABLE )
1) BUYER INFORMS QUANTITY, WHICH PAYMENT INSTRUMENT WILL BE USED TO PAY
FOR THE REQUESTED QUANTITY OF SUGAR AND WHICH BANK WILL ISSUE THE
PAYMENT INSTRUMENT. BANKS ACCEPTED ARE TOP 25.
2) SELLER RESPONDS WITH SOFT OFFER ( DONE )
3) IF BUYER AGREES WITH SOFT OFFER, BUYER MUST ISSUE SIGNED, SEALED AND
STAMPED LOI WITH FULL BANK ING INFO AND AUTHORIZATION FOR SOFT PROBE.
4) SELLER, BASED ON LOI RECEIVED, WILL ISSUE PRO FORMA INVOICE WITH
INSTRUCTIONS TO CONCLUDE THE DEAL. SELLER WILL ALSO ISSUE DRAFT CONTRACT FOR NEGOTIATIONS ( IF NECESSARY )
5) BUYER SIGNS, SEALS AND STAMPS CONTRACT AFTER NEGOTIATED AND SENDS MT 799 AS POF TO SELLER?S BANK ( WHEN NECESSARY )
6) SELLER WILL RESPOND BY SENDING POP VIA SWIFT TO BUYERS ACCOUNT ( For Vessel deals ONLY)
7) BUYER SENDS NON OPERATIVE PAYMENT INSTRUMENT TO SELLER?S BANK.
8) SELLER ISSUES 2% PB TO ACTIVATE PAYMENT INSTRUMENT ( For Vessels deals ONLY. NO PB for Containers )
9) SHIPMENTS TAKE PLACE AS AGREED IN CONTRACT IMPORTANT: PAYMENT
INSTRUMENTS ACCEPTED MUST BE TRANSFERABLE. NON TRANSFERABLE PAYMENT
INSTRUEMENTS ARE NOT ACCEPTABLE

Regarding Payment Instruments accepted:
l SBLC
l BG
l DLC
l RDLC
As informed lots of factors will affect the prices of Sugar, including Payment
Instruments that will be used to pay for the desired quantity of Sugar. We are willing
to negotiate everything face to face here in Brazil with the Refinery directly if Buyer
is interest in starting real negotiations with us.

ICUMSA 45