SUGAR FOR SELL:50,000MT - 244,00 US$. C&F ASWP, BY (DL/C) or (RL/C).
PRO-FORMA OFFER FOR REFINED CANE SUGAR
WE OFFER REFINED GRADE "A" CANE SUGAR UNDER THE FOLLOWING TERMS AND CONDITIONS:
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COMMODITY: SPARKLING WHITE REFINED CANE SUGAR (GRADE "A") |
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QUANTITY: |
50,000 METRIC TONNES TOTAL CONTRACT QUANTITY |
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PACKING: |
50 kg. NEW JUTE / POLY LINED BAGS. |
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ORIGIN: |
BRAZIL, SOUTH / CENTRAL AMERICA ONLY. |
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SPECIFICATIONS: |
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POLARIZATION: |
99.80% MIN. |
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ASH CONTENT: |
0.04% MAX. |
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MOISTURE: |
0.04% MAX. |
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RADIATION: |
NORMAL |
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ICUMSA RBU: |
45 RBU MIN. |
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SOLUBILITY: |
100% FREE FLOWING. |
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GRANULATION: |
STANDARD TO FINE. |
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COLOR: |
SPARKLING WHITE CRYSTAL. |
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DELIVERY: |
30 DAYS AFTER ACCEPTANCE OF PAY INSTRUMENT |
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INSPECTION: |
S.G.S. OR SIMILAR AT SELLERS EXPENSE. |
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PAYMENT: |
BY IRREVOCABLE, TRANSFERABLE, DIVISIBLE, AND CONFIRMED FULLY FUNDED DLC, PAYABLE AT SIGHT. DRAWDOWNS LIMITED TO EACH SHIPMENT ONLY. |
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GUARANTEE: |
PERFORMANCE BOND, INDUSTRY STANDARD, TWO (2%) PERCENT. |
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PRICE: |
C&F, ASWP $244.00 USD/MT (CONFIRMED ON 21 OF JULY 1998, FOR FURTHER NOTICE) |
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SHIPPING: |
PER SHIPPING SCHEDULE TO BE RECEIVED, 30 DAYS AFTER L/C. |
BUYERS SIGNATURE & DATE ---------------------------------------------AGENTS SIGNATURE & DATE
TRANSACTION PROCEDURES:
1.) BUYER ACCEPTS THIS PROFORMA, SIGNS AND RETURNS WITH FULL BANKING
INDICATING THAT FUNDS ARE AVAILABLE.
2.) SELLER PROVIDES PROOF OF PRODUCT AND CAPACITY TO PERFORM.
3.) SELLER SUBMITS CONTRACT TO BUYER FOR CONFIRMATION, AND SIGNATURE
(FACSIMILE COPIES AND SIGNATURE CONSIDERED AS ORIGINAL)
4.) AT THE OPTION OF EITHER PARTY, SELLER WILL PRESENT TO BUYER SIX
HARDCOPIES OF CONTRACT FOR BOTH BUYERS AND SELLERS SIGNATURES
TO BE NOTORIZED WITHIN TEN (10) BANKING DAYS FROM THE DATE OF THIS
DOCUMENT WITH APPROPRIATE SEALS. BUYER AND SELLER EACH KEEP THREE
(3) HARDCOPIES.
5.) BUYER's BANK ISSUES THE L/C PREADVISE TO SELLERS BANK.
6.) SELLERS BANK ISSUES 2% PREADVISE PERFORMANCE BOND TO BUYERS BANK.
7.) BUYERS BANK ISSUES PAYMENT LETTER OF CREDIT ACCEPTABLE TO SELLERS
BANK WHICH WILL ACTIVATE THE PERFORMANCE BOND.
8.) SHIPMENT COMMENCES AS PER CONTRACT.
VALIDITY- THIS OFFER IS FOR ACCEPTANCE FOR A PERIOD OF (10) BANKING
DAYS FROM THE DATE OF ISSUE. AVAILABILITY IS SUBJECT TO
CHANGE IN PROCEDURES, PRIOR SALE, WITHDRAWAL AND
CONFIRMATION BY THE SELLER.
**NOTE TO BUYER**- AMEND AND / OR SIGN PROFORMA AND REFAX W/ FULL BANKING INFORMATION FOR
DRAFT CONTRACT FROM THE SELLER. PAYMENT MODE AND BANKING STRENGTH ALWAYS DETERMINES
PRICING. SELLER WILL ENTERTAIN COUNTER OFFERS BUT BE PREPARED FOR PRICE HIKE. SELLER WILL
NOT AGREE TO ANY "DAYS AFTER" PAYMENT.
(PLEASE NOTE THAT YOU NEED TO CONFIRM THE PRICE BEFORE SERIOUSLY TAKING IT INTO CONSIDERATION)
