| ≥1 piece |
White cane sugar ICUMSA 45 RBU
Polarity at 20 Degrees (Centigrade) 99.80 Min.
ASH Content 0.08 Max
Moisture 0.8% Max
Solubility 100.0% Dry and free flowing.
Granulation Fine crystal
ICUMSA Max 45 ICUMSA, Attenuation Index Units method no: 4-1978)
Sediments: None
Color Sparking White
Crop 2007/2008
Magnetic Particles Mg/k 4.
SO2 Mg/k 70.
Radiation Within Internationally accepted limits
Smell Free of any smell
Reducing Sugar 0.05% max by weight
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
SULPHUR DIOXIDE 20 mg/kg Min
PROCEDURES
PRIMARY DOCUMENTATION: LOI (RWA) or ICPO + BCL.
1) Buyer issues LOI or ICPO + BCL valid for five (5) banking days from
receipt by Seller, specifying the acceptable target price ( or best price available from seller.)
2) Buyer receives the FCO SIGNS & SEALS and returns to Seller. And / or (as per Sellers option)
3) Buyer receives the Draft Contract adjusted to LOI Price or Final AGREEMENT, SIGNS & SEALS and returns it to seller.
4) Seller returns the contract by exchanging it by facsimile or email attachment, duly signed and sealed. The Draft copy will be deemed legal until Hard Copies Exchanged.
5)
1ERA OPCION :
Buyer will then issue the 3 MONTH BANK GUARANTEE (BG) / SBLC, covering the last 3 months of shipments of Sugar Icumza 45 as per payment terms detailed above via RDLC for the first nine (9) months
of shipments or pay by Telegraphic Transfer of funds against shipping documents option, whichever is agreed to in the signed Contract.
2DA OPCION :
In US dollars by irrevocable at sight for 100 percent of invoice value letter of credit from Bank of China, 100% fully operable L/C issued to Seller latest by 35 days before the shipment date, covering full contract value and allowing for further 5% tolerance in both quantity and amount which must be stipulated in the L/C.
6) Within 8 banking days of receiving the conditional BG / SBLC, the Seller's bank will post 2% OPERATIVE PERFORMANCE BOND GUARANTEE, and also the responsible POP to Buyers Bank, as per contract terms, which will activate the Buyer's Bank Guarantee / SBLC; and the RDLC or TT option as per contract terms.
7) Buyer can appoint any Inspection Agency as SGS or equivalent at buyers choice and at sellers expenses. Inspection Certificate will be deemed final at the Port of Loading itself.
8) Shipment starts as per Delivery Schedule as per contract.