SOFT OFFER SUGAR ICUMSA 45 BRASIL
1. SPECIFICATIONS PRODUCT:
WHITE REFINED CANE SUGAR ICUMSA 45- SHALL CONFORM WITH THE FOLLOWING
SPECIFICATIONS AND/OR INTERNATIONAL STANDARD SPECIFICATIONS, FIT FOR HUMAN
ICUMSA: WHITE REFINED CANE SUGAR ICUMSA 45
SPECIFICATION: FIT FOR HUMAN CONSUMPTION
POLARIZATION: 99,80 % MINIMUM
MOISTURE: 00.04% MAXIMUM
GRANULATION: MEDIUM TO FINE
SOLUBILITY: 100% DRY AND FREE FLOWING
RADIATION: NORMAL W/O PRESENCE OF CESIUM OR IODINE,CERTIFIED
COLOR: SPARKLING WHITE. MAXIMUM, 45 ICUMSA
SMELL: FREE OFANY ODOR
CROP: 2009/2010 PROCEEDING
REDUCING SUGAR: 0.05% MAXIMUM BY WEIGHT
SO2: 20 PPM MAXIMUM
SUBSTANCE: SOKID, CRYSTAL
MAX AS: 1 PPM
MAX PS: 2 PPM
MAX CU: 3 PPM
FREE FROM: MOLD, UNNATURAL ODORS, CHEMICALS AND INSECTS
POISONOUS: PHYTOSANITARY CERTIFICATE
SEED/HUSKS: OF NO RADIATION, NO VIRUS, INSECT PARTS, NO POISONOUS MATTER AND NON GENETIC AND IS SUITABLE FOR HUMAN CONSUMPTION
2. PRICE CIF - Oman:
We will quote other quantities upon request. Listed prices are subject to change
3. PORT OF DISCHARGE: CIF ASWP
4. INSPECTION: By SGS at loading port at sellers’ cost
5. SHIPMENT BY SHIPMENT: Payment issued or confirmed by a TOP 50 bank.
6. PERFOMANCE BOND:
Two (2%) percent transferable performance guarantee value issued within eight (8)
international banking days of receipt, confirmation, verification and acceptance of
letter of credit acceptable to the seller and the seller’s bank.
As soon as the buyer receives and verifies the product, the guarantee of 2% of the PB,is transferable and released to the seller at your bank.
7. ORIGIN: BRAZIL
8. PRODUCT DELIVERY:
WITHIN 30-45 DAYS AFTER RECEIVED BUYER’S PAYMENT INSTRUMENT The date of the
bill of lading shall be considered the date of shipment and delivery, third party bill of lading shall be acceptable at the seller site.
THE SELLER SHALL HAVE THE RIGHT TO DELIVER EARLIER THAN AGREED IN THE CONTRACT GIVING NOTICE TO ALL DESIGNATED PARTIES AS REQUIRED HEREIN, WITH THE APPROVAL OF THE BUYER. THE PRODUCT SHALL BE SHIPPED TO THE RELEVANT PROVISIONS OF THIS CONTRACT WITH THE SHIPMENT TO BE FORWARDED IN VESSELS OF 12.500 MT, OR ITS MULTIPLE WITHIN 30 – 45 DAYS AFTER RECEIPT AND ACCEPTANCE OF LETTER OF CREDIT.
The date of bill of lading shall be considered the date of delivery. The First delivery to the port of discharge shall begin within +/- 15 days of receipt of the financial instrument acceptable to the seller.
The Seller shall have the right to deliver earlier than agreed in the contract giving notice to al designated parties as required herein, with the approval of the buyer. The product shall be shipped to the relevant provisions of this contract with the shipment to be forwarded in vessels of 12.500 MT, or its multiple within 30 – 45 days after receipt and acceptance of letter of credit.
9. PARTIAL POP:
WE AREWILLING TO DELIVER PARTIAL POP IF IS REQUIRED BY BUYERS. THE POP MUST
BE REQUESTED TO OUR COMPANY INWRITING,WHICH WILL BE ISSUED BY THE COMPANY PRICEWATERHOUSECOOPERS ( web) THIS PARTIAL PROOF OF PRODUCTWILL BE ISSUED ONCE THE CONTRACT IS SIGNED AND THE BUYER HAS ISSUED THE SOFT PROBE.
10. PRODUCT WEIGHT AND QUALITY:
The Seller guarantees that each shipment of white refined sugar from Brazil shall be
provided with an inspection certificate shall be provided by S.G.S. or similar
recognized authority at seller’s expense, and shall be deemed to be final.
The product will be packed in the 50 KG (fifty kilograms) new polypropylene bags with polyethylene lining and repacked in jumbo slings of 1.000 Kilos or 1.500 KG the bags and/or according to the order of boarding or shipment or specifications letter of credit, have a combined tare of 100GM (One Hundred Grams) and are sufficient to ensure the safe arrival of product to destination, bags will be labeled in English language.
IRREVOCABLE, TRANSFERABLE, CONFIRMED, UNRISTRECTED, 100% AT SIGHT,AVAILABLE AT SELLER COUNTER BANK AGAINST PRESENTATION OF DOCUMENTS;
AUTOMATIC REVOLVING DOCUMENTRY LETTER OF CREDIT ARDLC . FORM UCP 600 FROM TOP 25WESTERN BANK TO THE FAVOR OF SELLER (PARTIAL SHIPMENT ALLOWED).. PLUS ONE MONTH VALUE OF SBLC (STAND BY LETTER OF CREDIT) TO SERVE AS GUARANTEE IN THE EVENT THAT BUYER FAILS TO MAKE PAYMENT ON TIME.
IRREVOCABLE, TRANSFERABLE, CONFIRMED, UNRISTRECTED, 100% AT SIGHT,AVAILABLE AT SELLER COUNTER BANK AGAINST PRESENTATION OF DOCUMENTS,FULLY FUNDED DOCUMENTRY LETTER OF CREDIT FFDLC .. FORM UCP 600 FROM TOP
25 WESTERN BANK TO THE FAVOR OF SELLER (PARTIAL SHIPMENT ALLOWED)
FOR SPOTS EXPRESS:
BUYER SHALL ISSUE TT SWIFT MT 103/23 FOR AN AMOUNT IN DOLLARS SUFFICIENT
TO COVER ONE HUNDRED PERCENT (100%) CIF INCLUDED, AT SIGHT AGAINST
DOCUMENTS LOADING PORT.
THE BUYER WILL RECEIVE THE BILL OF LADING ASWELL AS THE QUANTITY AND QUALITY CERTIFICATES APPROVED BY SGS OR EQUIVALENT INTERNATIONAL INSPECTORS, AVAILABLE AT EACH LOADED VESSEL.
13. PROOF OF PRODUCT
Seller agrees to provide proof of product to buyer’s bank in a bank to bank basis and the loading of the PB guarantee covering the PB value.
A. Seller issues Soft Offer
B. Buyer sends ICPO with soft probe authorization and RWA
C. Seller issues FCO, and buyer approved, signs and return to Seller, within 24 hour
D. Seller issues draft contract for buyer’s review , after terms are agreed buyer and seller sign the contract. (Electronic signatures)
E. Buyer and seller sign and stamp, notaries, 4 (four) copies original of the contract and return two original copies of the contract for the seller . Both parties send a copy of the contract to their respective Bank.
F. Buyer issues letter of credit via swift operative to the seller’s bank within 24 hours with Copies to the Seller.
G. Simultaneously Seller issues order of shipment
H. Seller issues POP to the buyer banks with copies to the buyer.
I. Within Ten (10 ) working days seller issues 2% PB
J. Shipment commences as per agreed schedule issued at contract.
L. Delivery of product CIF within 30 to 45 days follows.
OTHER TERMS: THE BUYER SHOULD BE ALLOWED TO INSPECT THE GOODS AFTER
FINANCIAL INSTRUMENT HAS BEEN PLACED.