Brazilian Sugar ICUMSA 45

PROCEDURES

Commodity                   :  White, Refined Cane Sugar ICUMSA 45
ICUMSA                       :  45 RBU maximum.
Polarization                   :  99.80% minimum
Moisture                       :   0.04% maximum
Sulphate Ash Content      :   0.04% maximum
Granulation                     : mediun to fine grade
Solubility                       :  100% dry and free flowing
Radiation                       :  normal w/o presence of cesium or iodine, certified
Color                             :  Sparkling white. Maximum 45 ICUMSA
Sediment                       :  none
Smell                            :  free of any odor
Crop                              :  2007 or early.
Reducing sugar               :  0.05% maximum by weight
SO2                               :  70 mg/kgmaximum
Substance                      :  solid, crystal
Magnetic particles            :  4mg/kg maximum
MAX AS                        :  1 ppm
MAX PS                        :  2 ppm
MAX CU                        :  3 ppm
HPN STAPH AUREUS     :  NIL
Commodity shall be free from mold, unnatural odors, chemicals and insects.

SPECIFICATIONS

Price: Please inquire because price decreases on largerorders

Quantity:Minimum 12,500 MT/month - Maximum 300,000 MT/month

Origin: The origin of the SUGAR ICUMSA 45 is Brazil or Central America

Packing: 50KG, new seaworthy polypropylene (PE) lined, in slings or inpallets suitable for ocean transportation with 2% extra bags free, labeling inEnglish Language showing net weight, country of origin and that containing canesugar ICUMSA 45.

Delivery: CIF ASWP. First shipment, 30/45 days after sign the contractand conclusion of deal.

Payment: A BG (Banking Guarantee) Unconditional, Transferable,Divisible, Irrevocable, Divisible, from a TOP25 Prime Bank issue and acceptableby seller

Inspection: Societe Generale de Surveillance (SGS), at Sellers costshall inspect the commodity at the port of loading. SGS survey shall issue aninspection certificate of quantity and quality for the shipment to certify thatthe goods are in good order and condition and confirming to the specificationsherein stated for ICUMSA 45, white, refined sugar issued at the time ofloading. The certificates shall be final and binding on both parties.

Guaranty: Sellers Performance Bond, against a Buyers fine for cancelingor quitting the deal, both of 2% (two percent- total value of monthlyshipment).

Seller's Mandate. Brazilian Sugar: ICUMSA 45, 150, raw, brown
Min: 12, 500 MTs / month, Max: 300, 000 MTs / month
CIF ASWP