ICUMSA 45 (white refined) ONLY: Shipment to Iraqua will cost an extra USD30 per MT. No shipments to Iran or Libia.
No overpricing, at most total commissions will be USD3 total per deal, depending on the deal. You will receive USD1 per MT, USD1 will come to our company and USD1 will go to the sellers mandate.
We can supply from 12,500MT up to a VERY LARGE contract size (ex: 1,200,000MT x 12).
TERMS: Our terms are NOT NEGOTIABLE.
All through Top 50 Western Bank (at least US or European Top 50 confirming Bank).
12 Month contract: GUARANTEE in form of a 2 month SBLC in place for 14 months (strictly as collateral/ not even drawn down from the last shipment). Face values explained below.
TRANSFERABLE/ DIVISIBLE/ ASSIGNABLE/ IRREVOCABLE.
Why transferable is required: We sell for a refinery group. The group (refineries jouned together and working together somewhat under the same umbrella) will trasfer internally and most of the time divide the instrument onto the mills and refineries (most of the time there are more than a few sugar sources for adeal and in large deal sugar comes from many different sources within a group). So the instrument goes to the different parties within the group involved in the supply (and also logistics and insurance. Again transferable for us does not mean you are not daeling with the refinery...you are simply daeling with a larger group of refineries and mills leveraging capacities and supply volume, and they refuse to have to cope with the financial charges associates with back to back and some other fees when daeling with a non-transferable.
* For any 12 month contract (starting at 12,500MT x 12), 2 months payment via ARDLC (face value one month shipment). Auto-revolving/ TRANSFERABLE/ DIVISIBLE/ ASSIGNABLE/ IRREVOCABLE or straight MT103.
To engage we need the following:
1. ICPO - Buyer to plug in a reasonable target price (seller only wants to deal with those that understand the sugar business and feels that someone who knows the sugar industry should know a fair and realistic price for the suger he/she is looking to buy). ICPO to include a soft probe authorization and to confirm acceptance of our terms.
2. WITH a BCL (Bank Comfort Letter) confirming financial capability of the buyer to perform, signed by two bank officers and with permission to contact the bank to verify. If buyers bank does not give BCL’s then a soft probe MT799 will be acceptable.
3. AND WITH The Anti-Fraud letter signed and sealed or a similar document issued by the buyers attorney. The template of this letter to the buyers mandate only. NOTE: Initially instead of the anti-fraud letter the buyer can put the following at the end of the ICPO: "We understand the implication of issuing non-valid documents upon main international recognized authorities regulatory guidelines and are herewith confirming compliance".
After that point, and if all are in compliance and filled out accordingly, we will confirm if the target price is acceptable to us, AND/ OR we go Bank to Bank immediately (request has to be made in the ICPO by the buyer). ICPO should be on the buyers letterhaed, signed and sealed by the buyer.
We can do TTM (Table Top Meeting) at our office in Sao-Paulo (Brazil) for the final contract signature ONLY after we have ALL adequate documents in hand.
