brazil icumsa 300 000MT contract for 1 year $400 Apri 10,United States price supplier

SOFT CORPORATE OFFER
                                        VALID FOR 5 BANKING DAYS

PRODUCT & GRADE: White Refined Cane Sugar Grade "A" - ICUMSA 45 RBU

CROP: 2009/2010

ORIGIN: Brazil, South America, Port at Seller's option

TOTAL QUANTITY:       300,000 MT

SHIPMENT QUANTITY:   25,000 MT

CONTRACT PERIOD:     12 months

DESTINATION: CIF, ASWP

PRICE: USD$400.00 per Metric Ton


PERFORMANCE BOND: 2 %

PACKING: 50 kg bags

INSPECTION: S.G.S

SHIPMENT: In 30 - 45 days after Receipt of Payment Instrument to the Seller's Bank

SPECIFICATION: WHITE refined Cane Sugar ICUMSA 45 - FIT FOR HUMAN CONSUMPTION
POLARIZATION: 99.80 % Minimum
SULPHATED ASH CONTENT: 0.04% Maximum by Weight
MOISTURE: 0.04% Maximum by Weight
SOLUBILITY: 100% Dry & free flowing
GRANULOMETRY: Medium to Fine
COLOR: Sparkling White. Maximum, 45 ICUMSA
RADIATION: Normal w/o presence of Cesium or Iodine, Certified
SEDIMENT: None
SMELL: Free of any odor
REDUCING SUGAR: 0.05 % Maximum by Weight
SO2: 20 PPM Maximum
SUBSTANCE: Solid, Crystal
MAGNETIC PARTICLES: mg/kg Maximum
MAX AS: 1 PPM
MAX PS: 2 PPM
MAX CU: 3 PPM

PROCEDURE:
1. The Buyer issues Letter of Intent (LOI) or an Irrevocable Corporate Purchase Order (ICPO).
2. Seller issues Full Corporate Offer (FCO) to Buyer.
3. Within 5 international banking days from receipt of this FCO by the Buyer, the Buyer signs, seals and stamps the FCO, and returns it to seller with BCL or Bank Endorsed Irrevocable Corporate Purchase Order (ICPO) or ICPO with Soft Probe Authorization from Buyers Bank.
4. SELLER issues Draft Contract and submits it to Buyer for examination and approval.
5. BUYER returns the agreed-upon Draft Contract, by facsimile or email attachment, duly signed and sealed. The Draft copy will be deemed legal by the Parties until Hard copies are printed, sealed, signed and exchanged.
6. SELLER sends four (4) Hard copies duly hand-signed by courier to Buyer, who shall duly sign & seal all copies and return two (2) of them to SELLER.
7. The Financial Instruments (Copy of LC) will be issued immediately through an MT-700 directly Buyers Bank.
8. The Proof of Product (POP) will be issued immediately through an MT-760 directly to Buyers Bank.
9. The Performance Bond (PB) of 2% (two percent) will be issued applicable to LC, seven (7)working days after receiving the LC.
10. First delivery and shipment commence as per schedule mutually agreed.