SCO Brazilian Sugar ICUMSA 45

NEW 2021 SCO Brazilian Sugar ICUMSA 45 – 75,000 Mt per Month – Origin Brazil – CIF Basis

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SCO – Sugar ICUMSA 45
Brazil

 
 

 Dear Sir:

 

 

We have the pleasure to inform you that our group have negotiated this excellent option related to Sugar ICUMSA 45 from Brazil with DLC.

 

   
COMMODITY: Cane Sugar

  • • ICUMSA 45

 
ORIGIN: Brazil
LOADING PORT:

  • • Port Santos
  • • Port Paranagua or similar Brazil Delivery

 
PAYMENT INSTRUMENTS:

  • • TOP 50 Buyer`s Bank needed.

 
PAYMENT:
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. 
 
PERFORMANCE BOND:

  • • Seller issues 2% PB to buyer’s bank after receiving operative financial instrument from buyer’s bank.

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 PRICE:  US$ 360 Pmt
 
PACKING: 50 kg bags
DELIVERY: INCOTERM 2010 
INSPECTION:
• Seller pays SGS or similar inspection cost at loading port
 
    

 

SALES PROCEDURE

 

 

  1. Seller issues SCO Soft Corporate offer signed & sealed  
  2. Buyer issues LOI/RWA with full banking coordinates.
  3. Seller issues Draft Contract.
  4. Buyer signs the Draft Contract and sends it back to the Seller.
  5. Seller issues the final Contract to the Buyer.
  6. 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.
  7. Seller posts Performance Bond (PB) for the value of 2 % and document becomes operative.
  8. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.

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