• Product: WhiteRefinedCanesugarIC-45
• Origin: Brazil
• Destination: CIF (ASWP)
• Packaging: In 50Kg.Net wt PP Bags
• Inspection: SGS at loading port
• Performance Bond: 2% PB (in spot order no PB)
• Payment: SBLC, MT-760/ NON-TRANSFERABLE ARDLC
• Confirming Bank: Top25 prime bank
PRICE SLAVE
We also give the following slab prices as under:
CONTRACT PRICE:
SUGAR ICUMSA 45-RBU
PRICE (CIF ASWP)
12,500MT x 12 months (150 000MT per one year)---$460
25,000 MT x 12 months (300 000 MT per one year) ‐‐‐ $440.00/MT
50,000 MT x 12 months (600 000 MT per one year) ‐‐‐ $435.00/MT
75,000 MT x 12 months (900 000 MT per one year) ‐‐‐ $430.00/MT
100,000 MT x 12 months (1 200 000 MT per one year) ‐‐‐ $400.00/MT
150,000 MT x 12 months (1 800 000 MT per one year) ‐‐‐ $390.00/MT
200,000 MT or more x 12 months $325.00/MT
SPOT PRICE:
SUGAR ICUMSA 45-RBU
PRICE (CIF ASWP)
SPOT 12 500 MT - $495.00
SPOT 25 000 MT ‐‐‐ $480.00/MT
SPOT 50 000 MT ‐‐‐ $465.00/MT
SPOT 100 000 MT ‐‐‐ $450.00/MT
SPOT 150 000 MT ‐‐‐ $430.00/MT
SPOT 200 000 MT ‐‐‐ $410.00/MT PAYMENT TERMS CONTRACT:BG MT 760 or SBLC MT 760 or TT (Wire Transfer).
Procedures:
1. Buyer issues ICPO with soft probe + NCNDA , Signed and sealed for acceptance the
procedure and price.
2. Seller verifies compliance with the Buyer´s bank and if all is ok issues Draft-Contract and
send to the Buyer.
3. Buyer verifies, corrects and returns the draft contract to Seller with sign and seal.
4. Seller verifies that the contract is approved, signed and sealed by the Buyer.
5. Buyer Bank issue a Proof of Funds POF (MT 799) and send to Seller Bank via swift,within 3
banking days.
6. In 3 banking days the Seller Bank send to Buyer Bank the Proof of Product POP via swift.
(*origin certificate, *product export license, *export document authorization, *location and
product availability, *producer identification, *laboratory analysis, *phytosanitary certificate).
7. In 3 banking days, Buyer Bank will issue the BG, SBLC or ARDLC operative bank Letter of
credit for payment, as agreed in favor of the seller and seller´s bank. Then in 3 banking
days the seller send PB 2% (only applicable this PB for contracts)
8. 8 Once Seller's bank receive the acceptable payment, sent shipment.