SUGAR ICUMSA 45

Price:

usd 225

Quantity Order:

Origin:

Brazil

Payment Method:

L/C

Quantity:

1.200.000 MT

Pack. & Delivery:

50 KG

Dear buyer's
our seller offer 1.200.000 mt sugar icumsa 45
Quantity per month : 100.000MT
Payment :transferable autorevolving DLC.
Price : usd 225 /MT
SHIPMENT SIZE: 25,000/50,000 MT
Procedure for finalizing:

1End-Buyer copies this LOI on his letterhead. Does not change anything. Makes his choice out of the payment possibilities, removes the possibility he does not want to follow.

2Buyer send this LOI signed and sealed to us. We will check his details and after acceptance we will send the FCO with our details for him to be accepted. After acceptance Buyer sends the signed and sealed FCO back to us. We then send the final Agreement with all the details of both sides to the buyer.

3Buyer signs, seals and stamps the Agreement, and returns it to Seller for his signature, sealing and stamping.

4Seller then returns the Signed Executed Contract to the Buyer by E-mail attachment or Facsimile. Seller than Sends Four (4) hard copies for signing by the Buyer by DHL EXPRESS COURIER within (5) Five International Banking days from receipt of the Signed Contract from the Buyer, duly signed, sealed and stamped by the.

5The Buyer Bank will issue a MT799 PROOF OF FUND to Seller’s Bank.

6The Seller’s Bank will issue PROOF OF PRODUCT and a ALLOCATION LETTER issued on Seller’s Letterhead, Signed, Sealed and Stamped by the Seller, Signed Sealed and Stamped by the Official Government Certifying Officer and also will be Signed, Sealed and stamped by a Bank Officer of the Seller’s Bank.

7Within (2) Two International banking days of signing and exchanging this Agreement and from receipt of the CERTIFICATE OF PROOF OF PRODUCT from Seller, the Buyer’s Bank will issue the Operative Financial Instrument in favour of the Seller at Seller’s bank.

8The Financial Instrument issued is to be Revolving, Irrevocable, Confirmed, Transferable, and Assignable and issued by a TOP 50 Prime International Bank acceptable to Seller, for the value of the financial Instrument payment amount defined herein.

9Within 5-International Banking days of the receipt, verification and authentication of Buyer’s Financial Instrument at Seller’s bank, the Seller will issue a 2% Performance Bond.

10The initial first shipment of product loads within 30-45 Banking days from the date of receipt, verification and authentication of Buyer’s, Operative Financial Instrument

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