Brazilian sugar - ICUMSA 45

(on behalf of END SELLER)

Yours faithfully,

Henrique Schlaepfer
GLOBAL MOVE Comercio Exterior e Logistica Ltda

IMPORTANT !  Spot deals (upto 100,000 MT - or - less than 12 months duration contracts) payment is at sight, being 40% at contracts signature and 60% upon shipments docs presentation (CAD cash against documents), TT/MT103 or DLC.

Pls submit the former ICPO + BCL (or an ICPO with clear authorization from buyer to sellers bank run the soft-probe besides buyers bank).  After checking, youll get immediately the draft contract.

=> In any case, GUARANTEE credit instruments (BG or SBLC) are always required and mandatory, and same will be void and returned to buyers at contracts termination. All credit instruments are to be released to seller upon buyers bank receipt, acceptance and confirmation of sellers bank POP.

SHIPMENTS PAYMENT by one ARDLC for one months scheduled volumes value, monthly auto-revolving, valid and effective for the entire lifetime of contract.  But, if so preferred by buyers, every shipment can be paid CAD (cash against documents) thru TT, or MT103/23, or even thru successive DLCs, of FFDLC, or any other acceptable payment mean at buyers preference, upon shipment docs presentation, instead of using ARDLC. 

AS CONTRACT GUARANTEE - thru One BG or One SBLC for the value of twelve months scheduled shipments, valid for 12 months + 01 day, renewable as many times as necessary to cover the entire contracts lifetime.

b) in all cases, ports & countries under economic embargo are excluded and not served by us

c) payment procedures:

a) in all cases there are U$2/mton included as commission for buyers mandate group

* SPOT prices set by LIFFE (London) published price + U$45/MT.  Above indicated prices are illustrative, and may vary in the course of the week.

Other qtties case by case basis

100 000MT x  36 months                      = U$235/mton CIF ASWP
350 000MT x  12 months                      = U$215/mton CIF ASWP

100 000MT x  24 months                      = U$245/mton CIF ASWP

50 000MT   x    1 SPOT *                      = U$495/mton CIF ASWP
12 500MT   x  12 months                      = U$330/mton CIF ASWP
12 500MT   x  36 months                      = U$285/mton CIF ASWP
25 000MT   x  12 months                      = U$295/mton CIF ASWP
50 000MT   x  12 months                      = U$275/mton CIF ASWP
100 000MT x  12 months                      = U$255/mton CIF ASWP

25 000MT   x    1 SPOT *                      = U$500/mton CIF ASWP

Dear sirs,

We do handle, sell and supply ICUMSA 45 type only, in 50 kg bags. Always in shipments of 12,500 mtons (preferable min order), and its multiples.

Pls note our selling offers, where we start from.  Unfolding of dialogues and negotiation may bring prices into required adjustments:

12 500MT   x    1 SPOT *                      = U$505/mton CIF ASWP

50 kg polypropyline bag