WHITE REFINED SUGAR ICUMSA 45

PRODUCT SPECIFICATIONS: 

•  Polarity at 20° C: 99.80 minimum
•  Sulphated ash content: 0.04% maximum by weight
•  Moisture: 0,04% maximum by weight
•  Magnetic particles: mg/kg 4
•  Solubility: 100%, dry and free flowing
•  Granulometry: 0.55-0.70 Am/mm
•  ICUMSA: color 45, attenuation index units (method # 10-1978 max)
•  AS: 1 ppm
•  Color: brilliant white
•  Reducing sugar: 0.01% maximum in dry mass
•  Radiation: normal w/o presence of cesium or iodine
•  SO2: mg/kg 70
•  Arsenic: 0.50 maximum mg/kg basis
•  Copper: 1.00 maximum mg/kg basis
•  Lead: 1.00 maximum mg/kg basis
•  Mercury: 0.01 maximum mg/kg basis
•  Zinc: 3.00 maximum mg/kg basis
•  DDT: 0.005 maximum mg/kg basis
•  Photoxin: 0.01 maximum mg/kg basis
•  Hexachloran gamma isomer: 0.005 maximum mg/kg basis
•  Microbiological limits: pathogenic bacteria includ. Salmonella: nil. Bacillus per gram: nil

 

- Origin: BRAZIL

- Loading port: any Brazilian ocean port as per Seller’s choice

- First shipment: within 30/45 days after financial instrument is being operative

- High Sea Sugar: please consult

- Minimum quantity: 12,500 MT spot – 150,000 MT contract

- Proof of Product (PoP): only bank to bank via SWIFT message

- Performance Bond (PB): 2% (two per cent) on one month shipments amount. Not applicable for spot cargos

- Past performance documents: not available at any time, in respect and confidentiality with our buyers (this practice is unprofessional and against the rules I.C.C. and W.T.O.)

- Samples: not available at any time

- Visit to Brazilian facilities: allowed after financial instrument is non operative rendered only Inspection: by S.G.S. (Société Générale de     Surveillance) at port of loading for quantity, quality and volume, at Seller’s cost

- Warehouse receipts: available 6 days prior to vessel loading due date

- Sale rates: Annex 1

- Procedures: Annex 2

- SBLC / BG verbiage: Annex 3

 

PROCEDURES

1- Seller’s Representative sends Soft Corporate Offer (SCO) to the Buyer.

2- End Buyer returns SCO signed and issues ICPO (with Letterhead) plus BCL plus NCND agreement, including: full business description, way of payment, port of final destination, desirable shipments cadence, target sale rate, and issuing bank coordinates.

3- Seller issues FCO and Contracts.

4- Buyer returns DCA signed and sealed fulfilled with his data and bank information.

5- Seller signs and seals DCA and return to the Buyer.

6- Seller issues 6 End Contract hard copies, hand signed and sealed in each page, and sends to the Buyer via international courier.

7- Buyer hand signs and sealed End Contract hard copies, and returns 3 copies to the Seller via international courier. The draft copy will be deemed legal until hard copies exchanged.

8- Buyer and Seller deliver End Contract hard copies to their Banks.

9- Buyer instructs his bank to issue payment financial instrument to be sent non-operative to Seller’s bank via SWIFT.

10- After acceptance of financial instrument by Seller´s bank, Seller instructs his bank to issue PoP and PB to Buyer’s bank via SWIFT.

11- After acceptance of PoP and PB by Buyer´s bank, all financial instrument defined non-operative shall become operative rendered, and first shipment loading time starts to count down.

12- Approval conditions: all existing documents will be void in case of non-approval of payment document by Seller’s Bank. Failure to do so frees the Seller of any commitment in relation to the expired SCO.