Brazilian Sugar IC45 July 2012 pricing per Metric Ton CIF
Spot: Payment by transferable DLC
12,500MT $575
25,000MT $
50,000MT $
100,000MT $
Contract: Payment by transferable RDLC, NO SBLC required
12,500MT $
25,000MT $
50,000MT $
NB. Non-standard labeling on 50kg bags is available for an extra $10/MT (20
bags/MT)
Specification: The Commodity shall meet or exceed the following specifications:
POLARIZATION: 99.80 Degrees min.
ASH CONTENT: 0.04 Max.
ICUMSA: 45 RBU cont - sk leblon3
SOLUBILITY: 100% Dry and Free Flowing
COLOR: Sparkling White. Maximum 45 Icumsa attenuation index units
RADIATION: Within internationally accepted limits.
GRANULATION: Fine Standard
MOISTURE: 0.4% Max.
MAGNETIC PARTICLES: 4Mp/k
SO2: 70 Mg/k
ASH BY ELECTRICAL CONDUCTIVITY: 0.04% Max. [on dry weight basis]
SULPHUR DIOXIDE: 20 mg/kg Min.
SEDIMENTS: None.
SMELL: Free of any Smell
REDUCING SUGAR: 0.05% Max. by weight.
HPN STAPH AUREUS: Nil.
MAX AS: 1 P.P.M.
MAX PS: 2 P.P.M.
MAX CU: 3 P.P.M.
SUBSTANCE: Solid Crystal
CROP: 2011 or more recent
Packaging: 50kg polyethylene bags, in slings or pallets suitable for ocean
transportation
Origin: Brazil
Delivery: CIF Safe Port
Inspection: by SGS or equivalent
Performance Guarantee: 2%
PROCEDURES
1. Buyer issues L.O.I. or I.C.P.O. including Bank details.
2. Seller issues draft Contract to Buyer.
3. Buyer signs, stamps and returns via email (in word format) to
Seller...........................................
4. Buyer´s bank issues draft of Letter of Credit for approval by Seller´s Bank.
5. Seller´s bank issues non-operative Performance Bond to Buyer´s bank.
6. Within 5 days, Buyer´s bank issues DL/C for spot or RDL/C for contract to Seller´s
Bank
making PB operative.