COMMODITY	BROWN SUGAR ICUMSA 600 – 1200
Payment	SBLC -Standby Letter of Credit is a legal document that guarantees a Bank’s Commitment-, Confirmed, at Sight, Irrevocable, Transferable.
Delivery	ASWP
Origin	Brazil
Loading Port	Brazil ASWP
Min. Order	12.500 MT
Packing	50 kg (net weight) new poly-lined jute bag or equivalent
Inspection	SGS (On Loading Port)
POP	After BCL
Letter of Credit	Irrevocable, Transferable, Revolving, Confirmed Letter of Credit by a top 25 bank
PB	2 %
Monthly Stock	Ask
Capacity	Ask

SPECIFICATIONS

Polarity at 20℃                     97.80% to 99.20%

Sulphate ash content         0.15% maximum by weight.

Moisture                                 0.15% maximum by weight.

Solubility                                95% dry and free flowing.

Granulometry                       0.6 mm of regular square (medium size).

Color                                       Brown, typical color of Icumsa 600 – 1200

Radiation                               Within International acceptable limits.

Sulphur dioxide                   60 mg / Kg.

Smell                                      Odor free.

Reducing sugar                    0.05% maximum by weight.

SO2                                         120 mg / Kg.

Substance                             Solid brown, crystal.

Magnetic particles              10 mg / Kg.

Max AS                                  1 PPM

Max PS                                  2 PPM

Max CU                                 3 PPM

Icumsa                                  VHP 600 – 1200 RBU, attenuation index units , method #4-1978.

HPN Staph Aureus             NIL

Free from                             Mild, unnatural odors, chemicals and insects.

Poisonous                            Phytosanitary Certificate.

Seed / Husks                       Of no radiation, no virus, no insect pats, no poisonous matter,                                                   no entice and is suitable for human consumption.

PROCEDURES

1. Buyer issues LOI.
2. Seller Representative issues formal SCO .
3. Buyer accepts SCO by signing it and returning it to Seller Representative with ICPO + NCND / IMFPA.
4. Seller issues FCO.
5. Seller signs and seals the FCO returning it to the seller along with the legal documents of buyer’s company and RWA or BCL issued by buyer’s prime nominative to Seller’s company via Swift (bank to Bank).
6. Seller’s Bank verifies compliance with the buyer’s Bank and if all is correct, issues the Draft Contract sending it to the Buyer.
7. Buyer verifies, corrects, signs, seals and returns the Draft Contract to the seller.
8. Seller verifies that the contract is approved, signed and sealed by the Buyer.
9. In 5 banking days, Buyer’s Bank issues the MT760 operative SBLC as agreed in favor of the Seller.
10. In 5 banking days, Seller’s Bank sends the Buyer’s Bank the POP via Swift (warehouse location and product availability, producer identification, laboratory analysis and Pro-forma Invoice).
11. In 3 banking days, Buyer’s Bank will issue a MT760 operative SBLC as agreed on favor of the Seller.
12. In 5 banking days, Seller’s Bank issues PB 2% (for annual contracts only).
13. Within 20 banking days, Seller Bank issues through the Bank the shipment documents (Origin Certificate, SGS inspection of weight and quality, Bill of Lading, Insurance Certificate, Commercial Invoice, Radiation Certificate and Phytosanitary Certificate).
14. In the next 48 hours, Buyer’s Bank issues the payment instrument MT103 in favor of the seller.

Special Instructions

Samples are to be considered POP (Proof of Product). They are available for buyers who comply with section 9 of the procedures. Samples must be collected at Sellers office.

ACRONYMS of