International Currency Converter

Measurement Converter

Loan Calculator

International Time Clock

Make Prime Star Import Export Your Home Page

Product:  Sugar ICUMSA 45

Quantity: Six Million MT FOR 60 MONTHS.

Specifications:  Sugar ICUMSA 45

Origin: Brazil

Shipment:  60 Months Contract 

Shipment per month: 100000 MT PER MONTH.

On Behalf of our Seller, we Prime Star Import Export have the authority to issue this soft offer where the seller is ready, willing and able to provide sugar ICUMSA 45 from Brazil, within the total

quantities of 6,000,000 MILLION MT for 60 months. 

1) Price: CIF ASWP USD 260 PER MT.

2) QUANTITY: Six Million MT for 60 MONTHS

3) PAYMENT TERMS:  Irrevocable/Transferable/Divisible/Assignab-

le/Unencumbered/confirmed/ Auto Revolving Documentary Letter of Credit for 57 months

with 3 months value of shipment as SBLC/BG to be issued upfront and these will be

encashed for last 3 months of contract .This shall be for monthly deliveries and automatically

revolving to the next monthly deliveries until completion of the Contracted quantity in 60

months.

4.) ORIGIN: Brazil

5.) QUALITY/ GUARANTEED SPECIFICATIONS:  

COMMODITY:  SUGAR ICUMSA 45

STANDARD:  SUGAR ICUMSA 45 cane sugar.

PACKING: new 2 poly woven bags of 50KG net weight 

CROP: 2006 OR LATEST CROP AT SELLER´S CHOICE 

COLOR: SPARKLING WHITE 

SOLUBILITY: 100% FREE FLOWING

INSPECTION: SGS INSPECTION AT SELLER´S EXPENSE 

POLARIZATION: 99.80% MIN AT 20 DEG.CENT

ASH CONTENT: 0.04% MAXIMUM 

MOISTURE: 0.04% MAXIMUM 

GRANULATION: FINE /SOLID CRYSTAL

PHYSICAL SPECIFICATION - INTERNATIONALLY ACCEPTED STANDARD FOR CANE

SUGAR ICUMSA 45 FREE FROM IMPURITIES, SAND, DUST AND RADIOACTIVITY 

SMELL: TYPICAL FOR SUGAR.

6.) OFFER QUANTITY: 6,000,000 M MT

7.) DELIVERY: CIF – designation ASWP

8.) INSPECTION: SGS Certificate of Analysis on Sugar Purchased at loading port. 

9.) VALIDITY: Validity of offer until THIS SOFT OFFER IS VALID ONLY 6 BANK DAYS,

after that date this offer is void and automatically expires unless renewed by e-mail. This

offer is subject to prior sale in total or in part until committed by transfer of funds for Order. 

10.) PROOF OF PRODUCT: Bank to Bank. Buyer will  issue  via MT 799  pre advised   SBLC

for three months value to Seller’s

Bank   (Irrevocable/Transferable/Assignable/unencumbered/Divisible SBLC/BG ) , seller  will

issues PB 2% for one month value  along with POP AFTER BUYER OPENED   PRE ADVICED 

ARDLC + 3 months SBLC/ BG.

11.) METHOD OF MEASUREMENT: Independent inspection for quantity and quality will

be performed by a mutually agreed independent inspector, with costs to be shared equally. 

12.) PERFOMANCE BOND: Within 7 international banking days, seller posts Performance

Bond equal 2% of the value 1 month shipment of the product at the contract price and

provides the official POP proof–of-product Documents bank-to-bank to the buyer. 

13.) PROCEDURES: 

1) Seller issues offer to buyer 

2) Buyer issues ICPO with full banking information and a signed copy of these procedure

accepting terms and conditions of transaction 

3) Upon acceptance of ICPO Seller issues draft contract to Buyer… 

4) Buyer signs and returns to Seller 

5)  SELLER AND BUYER SIGN THIS CONTRACT. Seller and Buyer lodge and register contracts

with their respective banks 

6) BUYER`S BANK WITH MT 799 SHALL ISSUE Pre advise LC or NON - OPERATIVE  AUTO

REVOLVING, IRREVOCABLE, CONFIRMED, TRANSFERABLE, DIVISIBLE, DOCUMENTARY LETTER

OF CREDIT PAYABLE 100% AT SIGHT  PLUS THE  BG/SBLC  FOR  Three  MONTHS VALUE for last  3

months of the 60 month contract.

 7) WITH IN 7 (SEVEN) BANKING DAYS RECEIPT OF AN ACCEPTABLE NON OPERATIVE   

DOCUMENTARY LETTER OF CREDIT FROM BUYER`S BANK .THE SELLER ISSUE POP BANK TO

BANK AND PERFORMANCE BOND 2% (TWO PERCENT) OF THE MONTHLY DELIVERY, VALUE THE

LC ACTIVATES AND FULLY OPERATIONAL.

  8) FIRST DELIVERY SHOULD BE EFFECTED WITH IN 30- 45 DAYS. REMAINING SHIPMENTS EVERY    

MONTH (30 DAYS).

 9) AFTER RECEIVING THE FIRST DELIVERY THE DELIVERY SHOULD BE AUTOMATICALLY EVERY     

30 DAYS.

If electronic signatures are allowed between the parties, an electronic mail delivery of

contract shall be binding. 

10) All banking charges including confirmation from the Buyer’s bank shall be borne by the

buyer and all banking charges incurred by the Seller at Seller’s bank shall be borne by the

Seller. 

11) Should any amendments to the DLC be requested once the same had been issued, then

the Party requesting the charge will be responsible for the payment of the related costs,

unless charges are needed to construct the instruments in compliance with the Agreement,

then the costs shall be borne by the faulting Party. 

Buyer’s Banking costs are for Buyer’s Account. The Seller’s banking costs are for the Seller’s

account. 

Looking forward to a mutually productive business and a long-term relationship.