| ≥1 piece |
We can guaranty the best real price of the market from direct producer.
We are probably the unique exporter in the world able to provide 90 days to up to 180 days payment terms for a full sugar vessel 12500 MT or 25000 MT… Then don’t hesitate contact us with your LOI.
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COMMODITY : WHITE REFINED CANE SUGAR
- designation : icumsa 45
specifications :
- origin : brazil
- packing : in 50 kg bag new pp bags
- port of loading : loading port brazil
- port of discharge : any safe and not sanctioned worlwide port
- total quantity : from 12500 mt (+/- 5%)
- vessel size : 12,500 mt (+/- 5%)
- contract length: spot / 12 months with rolls and extensions
- first shipment : 25/45 working days following receipt of operative l/c
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- Shipping terms - incoterm : (cif cost insuance and freight (further details as set forth by incoterms 2000 (latest edition) as published by the international chamber of commerce (“icc”)
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- Payment at 90 days terms: by irrevocable, operative, assignable, transferable, confirmed, sblc (stand-by lc for contract 12 months) the value quantity 12.500 mt. payable 100% at 90 days documents, after inspection at loading and presentation of shipping documents, and confirmed by one of the top 50 prime banks.
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- insurance : at the charge of seller covering 110% of letter of credit value.
- documents : as listed by icc incoterms 2000.
- inspection : by sgs or others for seller’s account at loading port.
- discharge rate : 1.500 mt / wwd minimum
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PROCEDURE:
Payment At Sight - Procedure (Non-Negotiable):
1) buyer issues a loi (letter of intent with target price)
2) seller issues fco (full corporate offer) along with formats of bank capability ( rwa(ready willing & able)/bcl(bank comfort letter)/mt-799(inter bank text message)) and format of payment guarantee as per specified format, duly issued or confirmed by world top 50 a rated bank, which is acceptable for seller.
3) buyer sign seal and returns the fco duly signed and accepted within 2 working days.
4) seller issue icpo draft & buyer return icpo with full banking details within 2 working days.
5) buyer’s bank send bcl within 3 banking days from fco acceptation.
6) the seller will present the draft contract for acceptance by the buyer. contract goes through normal negotiation and validation period.
7) buyer returns the draft contract by exchanging it by facsimile or email attachment, duly signed and sealed, within 3 working days, the draft copy will be deemed legal until hard copies exchanged.
8) buyer’s bank issues transferable sblc** using swift mt760 open for full contract period to be received at seller’s bank within 3 (three) working days.
9) seller’s bank issues at time of loading to buyer’s bank pop (swift mt799)
10) sgs inspects the shipment at the port of loading.
11) vessel is loaded
12) seller send invoice, shipping documents and sgs certificates to seller
13) buyer's bank send mt103 payment to seller's bank.
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Procedure payment 90 days/jours: please contact us via email only with LOI (or full company information with detailled RFQ)
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