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We 'Mitchell Int. Holding' are glad to offer you Sugar ICUMSA-45 with the following specifications:
Commodity: white refined sugar
Smell: free of any smell
Crop: 2004/2005 atten. index
Reducing sugar: 0,05 Max by weight
Icumsa 45 RBU Max SO2 70 mg/Kg. max
Polarization: 99,80%Min. at 20 C
Substance: Solid Crystal
Colour: Sparkling White Crystal
Magnetic particles: 4mg/Kg. max
Ash content: 0,04% Max
As max 1 ppm max PS
Moisture 0,04% Max
Cu max 3 ppm HPN STAPH AUREUS NIL
Invent 0,04% Max
Solubility 100% Dry & Free Flowing
0% Normal Certified
TERMS AND CONDITIONS
Packing 50 KG PP/PE Bags in Containers
Payment Terms DRL/C Documentary, Irrevocable, Confirmed,
Transferable, Auto-Revolving Letter of Credit (Fully one month quantity) by Top 50 World Prime Bank, payable 100% at sight as per contract
Guarantee: Performance Bond 2% (two percent) (no discussion)
Inspection: SGS (Certificate quality, quantity, weight) or equivalent World Class Inspection
Destination: CIF ASWP- INCOTERM 2000 (at buyers option)
Shipping Within 30 -45 days after receipt and acceptance of DRL/C
Contract Length Minimum 0ne (1) year (with possibility of increase)
Quantity Delivery Minimum 12 500 Metric Tonnes per month & vessel shipment
Contract Quantity Minimum 150 000 Metric Tonnes per ONE (1) YEAR
Packaging as per standard producers packing required for export bags in 50 Kg
Net weight: New PP woven bags outside and PE bags inside on Palettes of approx 1500 Kg each
1-Buyer issues LOI+BCL
2-Seller issues FCO
3-Buyer returns FCO duly signed and sealed
4-Seller issues Draft Contract in favours of the Buyer
5-Buyer returns the Draft Contract by exchanging it by email attachment duly signed and sealed
within 3 banking days. The signed and sealed draft copy will be deemed legal until hard copy exchanged.
6-Sellers send 6 (six) hard copies duly signed and sealed.
Buyer will duly sign and seal all copies and return back 3 (three) copies to the seller. This will not delay the buyer in issuing Letter of Credit.
7-Buyers bank issues to sellers bank: Documentary, Irrevocable, Non-operative, Transferable, and confirmed Letter of Credit as required under the terms and conditions of this contract.
8-Sellers bank will issue to the buyers bank to serve a paper and to make Guarantee Performance Bond Certificate, upon receiving banking instrument Opening Pre-Advice.
9-Within 5 (five) days of confirmation of letter of credit, Seller provides 2% Performance Bond which activates Buyers non operative letter of credit.
10-Delivery and Shipment commence as per schedule mutually agreed.
INSTRUCTIONS AND ADVICES TO TRANSIT
LOI Fixed conditions: some points cant be changed in the LOI-Samples to be accepted by sellers.
These are the Head Line with its required dates and responsibilities. Further the kind of commodity with its specifications and the complete procedure are fixed; alternating specifications can be agreed on demand.
Variable Conditions: some elements are naturally defined by the customer, as Packing, Quantity, Destination, target-price etc. . .
If a client likes to get only price information, he should send LOI with a target price. The price will be checked, and a formless comment returned.
If the customer wishes a concrete FCO, he has to transmit LOI with annexed BCL, exc. a permission to conduct soft probe has been included.
Starting now the procedure has to be followed exactly.
Buyer sends ICPO with Full Details & Soft probe permission (company original letterhead)
Seller sends FCO at the buyer
Buyer send FCO signed and sealed with BCL (fresh date) DRAFT with FULL DETAILS (company & bank)
Seller sends to the buyer DRAFT sign and sealed per email
Buyer return to the seller DRAFT sign and sealed per email
Seller send sale contract in 6 (six) ORIGINAL HARD COPY per DHL at the buyer
Buyer return 3 (three) ORIGINAL HARD COPY per DHL to the seller
Buyer Bank Give to Sellers Bank Pre Advise NON OPERATIVE L/C
Within 7 banking days Sellers Bank Give to Buyers Bank Pre Advise NON OPERATIVE P. B 2% with the proof of product (bank to bank) Buyer and Sellers Bank at the same time ACTIVATE L/C & P. B. delivery start as per contract SELLER SEND TO BUYER DRAFT contract with full PROCEDURE TERMS AND CONDITIONS.
Labelled Bags in English language in writing: NET WEIGHT, CANE SUGAR, ORIGIN.
SUGAR PRICE LIST WHITE REFINED SUGAR ICUMSA 45
12 500====M/T 290 U$D / MT
25 000====M/T 285 U$D / MT
50 000====M/T 275 U$D / MT
100 000====M/T 260 U$D / MT
150 000====M/T 250 U$D / MT
300 000====M/T 240 U$D / MT
450 000====M/T 230 U$D / MT
600 000====M/T 220 U$D / MT
750 000====M/T 210 U$D / MT
900 000====M/T 200 U$D / MT
1 050 000====M/T 190 U$D / MT
1 200 000====M/T 185 U$D / MT
1 500 000====M/T 180 U$D / MT
PRICE CIF ASWP; WILL BE CONFIRMED AS RECEPTION OF LOI / BCL