SUGAR,India price supplier

Sugar Specifications:

 

white refined sugar ICUMSA 45 from current crop, fit for human consumption

Commodity: White cane sugar ICUMSA 45

Polarity at 20 Deg. Centigrade: 99.80 Min.

ASH Content: 0.04% Max.

Moisture: 0.04% Max.

Solubility: 100.0% dry and free flowing.

Granulation: Fine

ICUMSA: Max. 45 ICUMSA, Attenuation Index Units (method no: 4-1978)

Sediments: None

Color: Sparking crystal white

Crop: Current available

Magnetic Particles: mg/K4 SO mg/k 20

SO2: 20 PPM

Radiation: Normal certified

Smell: Free of any smell

Reducing Sugar: 0.05% max

Substance: Solid, Crystal max

Max AS: 1 p.p.m

Max PS: 2 p.p.m.

Max CU: 3 p.p.m.

HPN STAPH AUREUS: NIL

MOLD & YEAST UFC/10G 10 MAXIMUM CUBED

Poisonous seed / husks: Phytosanitary Certificate of no radiation, no virus, no insect parts, no poisonous matter and non-genetic and is suitable for human consumption.

 

Packing: In new sacks of 50 kg with PP. Polyethylene (PE) Liner, in slings or on pallets suitable for ocean transportation Seller to provide 2% extra bags. Bags to be labeled in the English Language indicating:

1. Net weight

2. Sugar Cane ICUMSA 45

3. Country of Origin of the producer (Brazil)

 

CHEMICAL & PHYSICAL SPECIFICATION: HEALTH REQUIREMENTS

 

The product shall be prepared in accordance with general principals and code of practice of food hygiene in addition to any instruction issued by health authorities and sugar shall be free from any pathogenic microorganisms and their poisons, free from faecal coliform bacteria, pesticide residue shall not exceed the limits set by current national regulations and legislations or FAO, WHO, FDA, or EU after its accreditation by L.N.C.S.M.

 

JANUARY 2013 PRICES  (MT)	PERIOD (MONTH)		TOTAL PER YR. (MT)		PRICE PER MT CIF USD ASWP
12,500	12		150,000		445
25,000	12		300,000		430
50,000	12		600,000		415
100,000	12		1,200,000		405
200,000	12		2,400,000		400
300,000	12		3,600,000		395
400,000	12		4,800,000		390
500,000	12		6,000,000		385
SPOT DEAL QUANTITY		PRICE PER MT CIF USD ASWP
12,500		495
25,000		480
50,000		465
100,000		450
200,000		445

 

PAYMENT : Non-Transferable Auto-Revolving Documentary Letter of Credit (ARDLC) for total value of the first month shipment valid for the contract term, or Stand-By Letter of Credit (SBLC) for total value of the first month shipment and valid for the contract term and thereafter a revolving MT 103 or T/T every month for the term of the contract against documents required by the bank. Instruments are irrevocable and confirmed where applicable.

 

Trading Policy and Procedure:

 

Policy:         

1. We work only with seller’s financial procedure; which is fixed and non-negotiable.

2. No past performance or partial proof of product is ever provided.

3. Soft corporate offers are addressed to the buyer by name; never to “end- buyer”.

4. An LOI or ICPO is usually required to issue the FCO.

 

 

5. FCO is issued from our Los Angeles, California trade desk.

6. All electronic documents are communicated in protected format.

7. No product samples are available.

 

Price and Commission:

 

1. 1.        Overprice is not permitted, and should Seller agree to discuss it, a formal letter is required from the buyer, and the buyer will be made aware that we pay commissions to channel partners and intermediaries. Commissions quoted are total amounts and only one payment entity is permitted.

 

1. 2.        Fee agreements are issued to one paymaster only , and that entity must manage any sub

agreements for all other beneficiaries.

 

3. Seller does not provide bank endorsed or notarized fee agreements.

 

4. Fee agreements are issued upon execution of Final Contract.

 

 

Draft Contract/Final Contract - Issuing Process:

 

1. Seller must have LOI/ICPO and accepted (by signature) FCO to review any Draft Contract request.

 

2. Seller will speak to the named buyer prior to issuing a Draft Contract.

 

3. The Draft Contract will be sent by email directly to the buyer and/or buyer authorized

representative only.

 

4. The Draft Contract will be issue 48-72 hours after Seller has had the required conversation with

the buyer and all paperwork is in order.

 

5. The Draft contract must be returned with Appendix A, B and C fully completed by the buyer

 

a) Buyer must complete the “SCHEDULE OF DELIVERIES” or revise the proposed schedule

(contract Appendix A)

 

b) Buyer must complete customer and banking information (contract page 1 and Appendix B)

 

c) Buyer must provide copy of, or the complete text of, the bank payment instrument for review and

acceptance (contract Appendix C)

 

d) Refer to contract Section 26, which explains the purpose and function of the Draft Contract

 

e) Buyer must sign the Draft Contract or provide a written acceptance of the contract terms and

conditions on their corporate letterhead. Only then can Seller approve and send the Final

Contract which will include full details of the seller.

 

f) Draft Contract, when issued, expires in 10 days. If an extension is needed the buyer must provide

a written request to Seller.

 

g) Final Contract is sent by email only to the buyer

 

General Procedures:

 

1.Buyer approves offer or issues ICPO/LOI with full coordinates (ICPO/LOI must have the

Buyer’s full coordinates, and documents must be consistent: ICPO/LOI, FCO, draft contract,

final contract, and financial instrument must agree unless otherwise agreed in writing).

 

2. Draft contract issued by e-mail for review and any required changes. Buyer’s approved copy of

the returned draft contract accompanied by a copy of financial instrument to be issued.

 

3. Final contract: Seller sends final contract via e-mail in PDF format. Buyer executes final contract

and returns via e-mail. Seller executes final contract and returns to buyer via email; price and

terms are locked.

 

4. Contract is lodged with the buyer’s and the seller’s respective banks.

 

5. Within seven (7) international banking days, the Buyer's bank will issue the non-operative

payment instrument acceptable to Seller for the first month shipment in favor of the Seller at

Seller's bank.

 

6. Seller issues bank to bank, proof of product (POP) and 2% performance bond (PB) drawn on

Seller’s bank as guarantee of shipment; the issuance of the POP and PB shall activate the financial

instrument and make it fully operative.

 

• Note: POP is not given for spot purchases

 

7. Seller sends title to buyer within 24 hours of receiving and confirming the operative payment

instrument.

 

8. Shipment(s) start as per delivery schedule.

 

9. The Seller guarantees on his account that each shipment will be provided with inspection of

weight and quantity and quality at the time of loading. Certificates shall be provided by

SGS or similar authority at the Seller’s expense and shall be binding for both parties. Seller

instructs such authority to carry out the inspections under strict rules and in accordance with the

specifications in the contract and or the International Chamber of Commerce rules

(Incoterms 2010 latest edition, with all amendments).

 

10. Upon completion of the first shipment, payment with the agreed financial instrument as

applicable is automatically extended for the second shipment and further to be extended until

the contract is completed totally for the quantity as specified in the contract.

 

11. Upon receipt of shipping documents (for each shipment) required for the payment, buyer's

bank will make the payment as required to seller's bank within the contract terms and

conditions.

 

12. Seller provides 110% Insurance in favor of the buyer.

 

 

PRODUCT DOCUMENTATION PER LIFT:

 

A full set of the following documents will be issued for payment:

 

1.Three sets of three (3/3) of BILL OF LADING, “CLEAN ON BOARD” and marked “FREIGHT

PREPAID” (three [3] originals + three [3] copies).

 

2. Certificate of weight, quantity and quality issued by SGS or compatible authority.

 

3. Certificate of Origin, issued by the Chamber of Commerce of the country of origin.

 

4. All necessary certificates issued by SGS or other designated inspectors.

 

5. Inspection certificate for the vessel

 

6. Signed commercial invoice in name of buyer.                                              

 

7. Packing list of shipment (+/-5%)

 

8. Freight forwarding agent certificate stating that original signed copies of certificates, of foreign and

phytosanitary have been included in shipment of goods.