SPECIFICATIONS PRODUCT
WHITE REFINED CANE SUGAR ICUMSA 45 - SHALL CONFORM TO THE FOLLOWING SPECIFICATIONS AND/OR INTERNATIONAL STANDARD. SPECIFICATIONS FIT FOR HUMAN CONSUMPTION:
ICUMSA : 45 RBU ATTENUATION INDEX UNITS METHOD №: 4-1978
COLOR : SPARKLING CRYSTAL WHITE
POLARIZATION AT 20°C : 99.8% MIN
SOLUBILITY : 100% DRY/FREE FINE FLOWING
MOISTURE : 0.4% MAXIMUM ON DRY WEIGHT BASIS
SULPHATED ASH CONTENT : 0.04% MAXIMUM BY ELECTRICAL CONDUCT
REDUCING SUGAR : 0.05% MAXIMUM BY WEIGHT
AS : 1 PPM MAXIMUM
PS : 2 PPM. MAXIMUM
CU : 3 PPM. MAXIMUM
HPN STAPH AUREUS : NIL
SUBSTANCE : SOLID CRYSTAL
SEDIMENTS : NONE
SMELL : FREE OF ANY SMELL
GRANULATION : FINE STANDARD
MAGNETIC PARTICLES : 4 MG/KG MAXIMUM
SO2 : 20 PPM MAXIMUM
RADIATION : NORMAL LEVELS WITHOUT PRESENCE OF CESIUM OR IODINE: CERTIFIED
CROP : CURRENT OR LATEST
PRICE LIST
All prices are USD/metric ton Valid Until 17/05/2013
12,500 MT * 12 Months = 150,000 MT |
480.00 US$/MT |
TERM : 12 Months Contract
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25,000 MT * 12 Months= 300,000 MT |
475.00 US$/MT |
TERM : 12 Months Contract
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50,000 MT * 12 Months = 600,000 MT |
470.00 US$/MT |
TERM : 12 Months Contract
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Higher quantities are negotiable . |
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ORIGIN : Brazil
PRICES CONTRACT 12 MONTHS (PRICES CIF ASWP)
PACKING : The Sugar shall be packed in 50 Kg. Net./50.172 Kg. Gross Wt. Poly-lined New Jute Bags. Each bag shall be secured by tape to assure the safety of the commodity during ocean transport. Bags shall be branded in indelible ink or paint in the English Language bearing marks: Made in “Country”; White Refined Sugar; Net Wt: 50.0 kg;
CONTRACT : Shipment CIF/ ASWP = First Shipment shall be within 45 days.
INSPECTION : By S.G.S. at loading port, on Seller´s account.
AGREEMENT PROCEDURES :
1. Seller issues and sends SCO or FCO to the Buyer
2. Buyer issues LOI/ ICPO ( with Letterhead) signed and stamp to
3. Seller issues DRAFT CONTRACT and sends it to the Buyer
4. Buyer returns the draft contract by exchanging it by facsimile or email attachment, duly signed and sealed within 5 banking day's time. The draft copy will be deemed legal.
5.The Buyer sends the proof of funds to the Sellers bank by SWIFT MT 799.
6.The salesperson's bank sent to the buyer's bank via Swift a confirmation of having capacity and intention of emitting a PERFORMANCE BOND of 2% about the monthly value of the contract.
7.Buyer issues IRREVOCABLE CONFIRMED NO-TRANSFERABLE, REVOLVING AND ASSIGNABLE standby letter of credit to the seller's bank, in favour of the seller. This l/c will be issued by prime bank european or american.
8.On receiving the LETTER OF CREDIT, the Seller issues the proof of product to the Buyers bank by SWIFT MT 799.
9.The Buyer issues the IRREVOCABLE CONFIRMED, NO-TRANSFERABLE, DIVISIBLE REVOLVING AND ASSIGNABLE STANDBY LETTER OF CREDIT of one month value of the contract to the Seller.
10.On receiving IRREVOCABLE CONFIRMED, NO-TRANSFERABLE, DIVISIBLE REVOLVING AND ASSIGNABLE STANDBY LETTER OF CREDIT, the Seller issues the 2% performance bond of one month value of the contract and activates the transferable IRREVOCABLE CONFIRMED, NO-TRANSFERABLE, DIVISIBLE, REVOLVING AND ASSIGNABLE STANDBY LETTER OF CREDIT.
11.Shipment commence as per conditions of the contract.