Note: This price offers are valid upto 15.02.2020 only
1. COMMODITY: BRAZILIEN SUGAR ICUMSA 45.
2. SHEDULE OF DELIVERIES: Within 15/30 days after SBCL/DLC confirmation by seller's bank, first shipment commences according to contract. Each next shipment will happen 15/30 days after former one
3. CONTACT TERMS: ANNUAL
4. Crop: LATEST.
5. PACKING: 50 KG PP BAGS, IN NEW POLYPROPYLENE BAGS WITH INNER POLYTHENE EACH WITH STANDARD BAG MARKS.
6. PAYMENT TERMS: Irrevocable, Confirmed, Non-transferable and non operative SBLC/DLC, seller's bank issues POP and PB2% to activate it, 100% payable after B/L + DOCUMENTS + PROFORMA INVOICE + QUALITY AND QUANTITY APPROVAL SGS at discharging port
7. SHIPPING TERMS: CIF
8. DESTINATION PORT: any safe seaport;
9. PRICE CIF FOR ANNUAL CONTRACT DEPENDS TO MONTHLY QUANTITY:
- 1,000MT to 12,000MT x 12 months = (USD) 365/MT
- 12,500MT to 50,000MT x 12 months = (USD) 280/MT
- 62,500MT to 100,000MT x 12 months = (USD) 265/MT
- 112,500MT to 250,000MT x 12 months = (USD) 255/MT
- 262,500MT to 500,000MT x 12 months = (USD) 220/MT
10. SHIPMENT SIZES: 12,500 MT [or 20'' Container for quantities less than 12500MT]
11. INSPECTIONS: QUALITY&QUANTITY BY SGS OR EQUIVALENT AT SELLER'S
COST AT LOADING PORT AND AT BUYER'S COST AT DISCHARGING PORT
12. GUARENTEE: PERFORMANCE BOND OF 2%PB + POP
PROCEDURE:
1. Seller's Mandate issues Soft Corporate Offer (SCO) (done)
2. Buyer issues Irrevocable Corporate Purchase Order (ICPO) according to Seller's terms + full banking details + clear copy of passport + clear copy of company registration certificate.
3. Seller sends FCO.
4. Buyer verifies, signs and returns FCO to seller
5. Seller issues the Draft Contract open for amendments.
6. Buyer returns the signed draft contract.
7. Seller shall verify and if accepted shall sign final contract and returns to buyer.
8. Buyer lodges final signed contract with his bank.
9. Within 5 (five) banking days upon contract signature, buyer's
bank sends Irrevocable, confirmed, Non-transferable and non operative SBLC-MT760 // DLC-MT700
10. WITHIN 5 (five) banking days OF CONFIRMATION OF SBLC/DLC BY SELLER'S BANK, SELLER'S BANK WILL ISSUE 2%PB + POP TO BUYER'S BANK to activate SBLC/DLC.
11. Immediately after SBLC/DLC activation, Shipment commences according to delivery schedule.
12. Buyer's bank releases the payment by MT 103/TT after receiving the BL, C.I, Q&Q SGS at discharging port.
13. Within 03 banking days after receipt of payment via MT103, Seller pays both sides Mandates in the transaction according NCNDA & IMFPA and subsequently monthly shipment continues as per terms and conditions of the sales and purchase agreement contract between buyer and seller
