SUGAR iCUMSA 45 FROM BRAZIL

6.    DELIVERY AND SHIPMENT SHALL COMMENCE AFTER THE FULFILLMENT OF THE PROCEDURE, STATED ABOVE, AS PER THE TERMS AND CONDITIONS OF THIS CONTRACT.

5.    BUYER HAS TEN (10) BANKING DAYS TO ISSUE THE LETTER OF CREDIT AS OUTLINED IN THIS CONTRACT AND HAVE IT OFFICIALLY LODGED IN SELLERS BANK.

4.    THE SELLER, AFTER DISCUSSING AND FINALIZING ALL AMENDMENT WITH THE BUYER ON PHONE OR VIA FAX OR E-MAIL, AMENDS WHERE NECESSARY THE CONTRACT, AND SIGNS, SEALS AND ISSUES TO THE BUYER A FINAL COPY OF THE CONTRACT FOR ITS COMPLETION AND SIGNATURE AND SEAL BY BUYER AND RETURN TO SELLER.

3.    AND RETURNS THE DRAFT CONTRACT SHOWING ALL AMENDMENTS REQUIRED INITIALED AND ADDS THEIR FULL BANKING COORDINATES, CONFIRMING BANK INFORMATION AND CONTACT INFORMATION

2.    THE SELLER REVIEWS THE LETTER OF INTENT OR PURCHASE ORDER AND UPON ACCEPTANCE ISSUES DRAFT CONTRACT TO BUYER FOR COMMENTS AND ACCEPTANCE, THE BUYER SIGNS

1.    THE BUYER ISSUES SELLER THEIR LETTER OF INTENT OR PURCHASE ORDER

5.        PROCEDURES

SHALL BE BY A TRANSFERABLE OR NON-TRANSFERABLE, IRREVOCABLE, CONFIRMED DOCUMENTERY LETTER OF CREDIT ACCEPTABLE TO SELLER, AND PAYABLE 100% AT SIGHT AGAINST PRESENTATION OF SHIPPING DOCUMENTS, FOR THE FULL SPOT VALUE OF 25,000MT ICUMSA45 SUGAR. L/C MUST BE CONFIRMED BY A PRIME BANK (TOP 25).

4.         PAYMENT TERMS:

THREE HUNDRED SEVENTY (USD$420.00) UNITED STATES DOLLARS PER METRIC TON CIF ANY SAFE WORLD PORT (NON USA SANCTIONED PORT)

3.         PRICE PER METRIC TON:

100 % OF THE ORIGIN HAS TO BE BRAZIL SOUTH AMERICA

2.                    ORIGIN:  

ACCORDING TO THE INTERNATIONAL SPECIFICATIONS WHICH WERE FIXED BY (FAO/WHO/FDA/AND EC) AND THE LOWEST AMOUNT SHOULD BE CONSIDERED FIRST.

SUGAR SHOULD BE EXTRACTED FROM SOUND UNFERMENTED AND UN DECayed SUGAR CANE OR SUGAR BEET - SUGAR SHOULD BE CLEAN FREE FROM ANY FOREIGN TASTE OR ODOUR WITH SWEET TASTE CHARACTERISTIC OF WHITE SUGAR WHETHER DRY OR IN SOLUTION - SUGAR TO BE PURE REFINED DEODORISED OF LATEST CROP PRODUCTION WITH GOOD TASTE AND SMELL - THE CRYSTALS SHALL BE UNIFORM IN SIZE AND COLOUR - SUGAR SHALL BE FREE FROM INSECTS, THEIR FRAGMENTS AND METAMORPHOSIS OR RODENTS EXCREMENT - SUGAR SHALL BE FREE FROM FOREIGN MATTERS, PRESERVATIVES OR ADDED COLOURS; ONLY PERMITTED MATERIAL TO BE ADDED ARE THAT STATED BELOW - ANY OTHER SPECIFICATIONS WHICH ARE NOT MENTIONED IN THE SPECIFICATIONS ARE TO BE

Substance :                              Solid Crystal

Max CU :                          3 P.P.M.

Max PS :                          2 P.P.M.

Max AS :                          1 P.P.M.

HPN Staph Aureus:                    Nil

Reducing Sugar:             0.05% Max by weight

Smell:                             Free of any smell

Sediments:                      None

Sulphur Dioxide:             20 mg/kg Min.

Ash by electrical Conductivity:         0.04 % Max. (on dry weight basis)

Granulation:                  Fine Standard

Colour:                          Sparkling White maximum 45 Icumsa attenuation units (Icumsa method n? 1978)

SO2:                                70 Mg / k

Magnetic particles:        4 Mg / k

Ash content:                  0,04% max

Crop:                                        Current

Radiation:                      Normal With in internationally accepted limit

Solubility:                      100% dry/free fine flowing

SULPHATED ASH CONTENT:  0.04% MAX.

MOISTURE:                       0.04% MAX.

POLARIZATION:                 AT 20oC 99.8% Min

ICUMSA:                           45 RBU

WHITE REFINED SUGAR - ICUMSA 45 - SHALL CONFORM TO THE FOLLOWING SPECIFICATIONS:

Icumsa 45 origin -Brazil we are direct to the mills