Sell SUGAR FROM BRAZIL

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PRODUCT SPECIFICATION

Origin: Brazil



PACKAGING

50 kg p/p bags.


PRICES & PAYMENT TERMS

In order to give you our right quotation and negotiate, we need LOI+BCL (top world banks)

Soft offer for March/2009 from Sugar End Seller:

1) . Sugar icumsa 45: 50,000 mts.
Delivery: 25,000 mt x 2 shipments
a) . Price - 330,00 USD/Mt, CIF ASWP.
Payment: BG (Bank Guarantee) 100% at sight 5 days after shipping.

b) . Price: 340,00 USD/Mt, CIF ASWP.
Payment: RDLC (Revolving Documentary Letter of Credit) , Transferable, Irrevocable and confirmed by a prime bank payable 100% at sight against shipping documents.

2) . Sugar icumsa 45: 600,000 Mts
Delivery: 50,000 mts monthly - CIF ASWP.
a) . Price - 275,00 USD/Mt, CIF ASWP.
Payment: BG (Bank Guarantee) 100% at sight 5 days after shipping.

b) . Price: 285,00 USD/Mt, CIF ASWP.
Payment: RDLC (Revolving Documentary Letter of Credit) , Transferable, Irrevocable and confirmed by a prime bank payable 100% at sight against shipping documents


Payment Terms:
FULLY FUNDED REVOLVING DOCUMENTARY LETTER OF CREDIT
TRANSFERABLE, IRREVOCABLE AND CONFIRMED BY A PRIME BANK


PROCEDURES

As we have stated in our home webpage:

In order to manage our transactions in a clear and reliable way either for the buyer and supplier, we base our operations on the international commerce standard "step by step".

Though some people think that this could take more time than necessary, please be aware that this order was made indead to not make waste time to buyer/suppliers in scams or "not potential" buyers/supplier. However each supplier may skept or add some points, the first one is universal.


FOR SUGAR:

1st: Buyer issues a LOI or ICPO with permission for soft bank prove.

This step do not only help the supplier to make a prompt and correct offer based in what buyers are looking for, also helps in the negotiation of prices and different items.

Please be aware that this is not a contract, this doesn4t bound the buyer only to the supplier that receive it.

The soft bank prove or BCL, with contact person at the bank, is a must because the supplier have to check that the buyer is financially ready and have the backup of his bank, in order to not waste time in just questions or safe the quantity for the buyer.
Please be aware that the only thing that the supplier can do with it is to contact the bank to its approval. The supplier cannot know how much do you have in your account, or transactions you make, or whatever.

2nd: Seller forwards Draft-contract signed sealed.

3rd: Contract is agreed upon hard copies signed & exchanged via DHL, mail, fax (Buyer4s choice)

After sign contract the buyer or an inspection agency can visit the deposit/refinery to check the availability of the product NOW.
We suggest strongly do not trust in past B/Ls or SGSs, because first they can be easily photoshoped, second it doesn4t garantee that the product is available NOW. The safest way is visit or send an inspector to the deposit after sign contract and BEFORE OPEN LC.


4rd: Buyer:
a) Opens a non operative L/C for seller4s bank
OR
b) Issues - if he wish - a swift MT 799 for proof of funds (POF) . Seller reply by proof of product (POP) through the same swift. And then buyer issues a non-operative L/C for seller4s bank

This type of payment (Letter of Credit) guards buyers.

5th: Seller activates the non-operative L/C by issuing 2% PB & issues POP.

6th: Delivery begins as per schedule of shipments in contract agreed between the buyer/seller until completion of the contract

Time is Money, let us not waste yours or ours.