2018 SCO Brazilian Sugar ICUMSA 45

NEW 2018 SCO Brazilian Sugar ICUMSA 45 Up to 300,000 M per Month – Origin Brazil – CIF ASWP

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SCO – Sugar ICUMSA 45

Brazil

 

 

   

We have the pleasure to inform you that our group has negotiated this excellent option related to Sugar IC 45 from Brazil.Final terms will be agreed between Buyer & Seller.

 

NOTE: OFFER VALID UNTIL FEBRUARY 28, 2018

 (Prices and quantities subject to validate with the ICPO)

 

 

 

Commodity:

 

Brazilian Sugar ICUMSA 45

 

Quantity:

 

Up to 3,600,000 (metric tons.

Origin:

Brazil

 

Delivery:

 

12 monthly deliveries of UP to 300,000 Metric tons per Month

Packaging:

50 Kg Bags

Specification:

ICUMSA 45

 

Price:

CIF Price – According to ANNEX 1

 

Payments terms:

SBLC or LC or DLC – Irrevocable NON transferable or Transferable issued by TOP World Bank and paid 100% at Sight

 

 

Delivery terms:

CIF (Incoterms 2010)

First Shipments start earliest 30/45 days after Payment instrument has been approved..

 

 

 

 

 

Inspection:

By SGS at Seller’s expense

 

 

 

 

 

 

Procedures:

Contract Procedures

 

1) Seller sends NCNDA and issues SCO.

2) Buyer issues ICPO

3) Seller issues FCO for Buyer´s review

4) Buyer accepts FCO, confirms by signing and sealing the FCO. Buyer issues RWA or BCL or MT799.

5) Seller provides Draft Contract for evaluation.

6) Buyer and Seller sign Contract.

7) Seller and Buyer’s agents sign IMFPA

8) Buyer has 5 (five) banking days after signing the Contract to issue and confirm the LC Guarantee as

outlined in the Contract to send to Seller´s bank via swift MT760 with copy to Seller.

9) Seller issues 2% of Performance Bond

10) Shipments commence as per Contract

11) The Contract commences.

 

 

 

 

ANNEX 1

Price for Brazilian Sugar ICUMSA 45

 

 

 

 QUANTITY (MT)

SPOT

CONTRACT SBLC

CONTRACT DLC / LC

12,500

$375

$355

$365

25,000

$370

$340

$350

50,000

$355

$335

$345

75,000

$345

$325

$335

100,000

$320

$305

$315

150,000

$310

$300

$310

200,000

$300

$290

$300

300,000

$290

$285

$295

 

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