NEW 2020 SCO Brazilian Sugar ICUMSA 150 & 600/1200 – 50,000 Mt per Month each – Origin Brazil – CIF Basis
SCO – Sugar ICUMSA
We have the pleasure to inform you that our group have negotiated this excellent option related to Sugar ICUMSA 150 & 600/1200 from Brazil with DLC or RDLC.
COMMODITY: Cane Sugar
- • ICUMSA 150 & 600/1200
- • Port Santos
- • Port Paranagua or similar Brazil Delivery
100% DLC at sight, Confirmed, Transferable or NON Transferable, Revolving, Irrevocable, issued and confirmed by a Top 50 bank, payable against shipping documents via MT103.
- Seller issues 2% PB to buyer’s bank after receiving operative financial instrument from Buyer’s bank.
Sugar IC 150:
- USD 340,00/MT CIF China
Sugar IC 600-1200
- USD 330,00/MT CIF China
QUANTITY: 50,000 Mt x 12 each
PACKING: 50 kg bags
DELIVERY: INCOTERM 2010
• Seller pays SGS or similar inspection cost at loading port
- Seller issues SCO Soft Corporate offer signed & sealed
- Buyer issues LOI/RWA with full banking coordinates.
- Seller issues Draft Contract.
- Buyer signs the Draft Contract and sends it back to the Seller.
- Seller issues the final Contract to the Buyer.
- 5. Buyer’s bank issues and sends by swift the non-operative SBLC or DLC 100% at sight to the Seller’s bank within 48 hours.
- Seller posts Performance Bond (PB) for the value of 2 % and document becomes operative.
- Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.