10, Ubi Crescent
#06-83, Lobby E, Ubi Techpark
Singapore 408564
Tel: (65) 67497405 / (65) 96728232
Fax: (65) 67497405
Email: info@smglobaltraders.com
Website: www.smglobaltraders.com
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SM Global Traders
SOFT COPORATE OFFER
Principal seller with full corporate and legal responsibility, confirm that the seller are ready, willing and able to
supply, cane sugar ic45, according to the following terms and conditions from the provider. Offer the following
commodity for a period of fifteen days from this date.
Product: ICUMSA 45 Refined Sugars
Origin: Brazil
Quality Specification: Export Standard Quality
Prices: CIF ASWP
SPOT
12,500MT
USD565 SPOT 1 VESSEL X 12,500MT
25,000MT
USD555 SPOT 1 VESSEL X 25,000MT
50,000MT
USD545 SPOT 2 VESSEL X 25,000MT
100,000MT
USD535 SPOT 4 VESSEL X 25,000MT
200,000MT
USD535 SPOT
Payment: IRDLC/Transfer/ MT103
Spot Payment: Buyer will issue a Transferable Irrevocable Bank Guarantee, total value.
CONTRACT
12500MT x 12
150,000MTper year
USD490
25,000MT x12
300,000MTper year
USD480
50,000MT x 12
600,000MTper year
USD470
75,000MT x 12
900,000MTper year
USD465
100,000MT x 12 1,200,000MTper year
USD460
150,000MT x12 1,800,000MTper year
USD455
200,000MT x12 2,400,000MTper year
USD450
250,000MT x12 3,000,000Mt per year
USD440
300,000MTX12 3,600,000MTper year
USD430
Payment: FFRDLC
PLEASE NOTE:
Destination: CIF ASWP. Delivery for IRAN - IRAQ - KUWAIT - ASIAN COUNTRIES: Extra costs
add (+20$/MT).
PACKING:
The Sugar shall be packed in 50 Kg. Net Wgt./50.172 Kg. Gross Wt. Poly-lined New Jute Bags.
Each bag shall be secured by tape to assure the safety of the commodity during ocean transport.
Bags shall be branded in indelible ink or paint in the English language bearing marks: Made in
“Country”; White Refined Sugar; Net Wt: 50.0 kg; Crop Current. (XX Bags per sling of XX Kg. On
each vessel, Seller shall at Seller’s expense supply two (2%) percent of each shipment in empty
bags of the same specifications.
“We connect the world”
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March 6, 2016
Page 2
SHIPMENT:
Minimum Shipment 12,500 MTS in 30-45 Days and balance in 30 Days after receipt of Instrument of
Payment at the counter of Seller´s Bank from Buyer´s Bank.
INSURANCE
110% of the CIF Value of each shipment on the Seller´s account.
PERFORMANCE BOND:
The Seller does not post any Performance Bond for Spot Shipments, while post a 2% Performance Bond
for Long Term Contracts.
INSPECTION:
S.G.S Inspection for Quality and Quantity Service at Seller’s Cost shall inspect the Commodity at Place of
Loading.
PAYMENT:
BG - Irrevocable, Divisible, Transferable, Confirmed, Unconditional, Unrestricted, Passive of Transfer,
issued by one of the TOP 25 First World Banks, with warranty of Total Funds. This Guarantee should be
issued by the bank of Buyer, directly to the Bank of the Seller.
NOTE: For Non-Transferable Financial Instruments, added +15$/MT.
Kindly note:
Above prices are subject to being changed without notice due to a volatile market condition.
SPECIFICATION SHEET:
POLARIZATION: 99.80 Degrees min.
ASH CONTENT: 0.04 Max.
ICUMSA: 45 RBU
SOLUBILITY: 100% Dry and Free Flowing
COLOR: Sparkling White. Maximum 45 Icumsa attenuation index units
RADIATION: Within internationally accepted limits.
GRANULATION: Fine to Medium
MOISTURE: 0.4% Max.
MAGNETIC PARTICLES: 4Mp/k
SO2: 70 Mg/k
ASH BY ELECTRICAL CONDUCTIVITY: 0.04% Max. on dry weight basis
SULPHUR DIOXIDE: 20 mg/kg Min.
SEDIMENTS: None.
SMELL: Free of any Smell
REDUCING SUGAR: 0.05% Max. by weight.
HPN STAPH AUREUS: Nil.
MAX AS: 1 P.P.M.
MAX PS: 2 P.P.M.
MAX CU: 3 P.P.M.
SUBSTANCE: Solid Crystal.
DOCUMENTS OF PAYMENT
-Original and manually signed commercial invoices indicating bg or SBLC number and contract number in
3 originals and 6 non negotiable copies;
-Certificate of quality and quantity (indicating total weight) issued by sgs in originals and 4 copies;
March 6, 2016
Page 3
-Certificate of origin made out “to whom it may concern” (to verify possibility of emission of the sending
organ) issued by local chamber of commerce in, 2 originals and 4 copies;
-Full set “clean on board” bill lading, issued the shipping company and/or captain/master of the vessel
made out to order, blank endorsed and marked: “freight prepaid”,3 originals an 4 copies;
-Phitosanitary certificate issued by the local authority (of the country of origin) indicating the product to be
substantially free from diseases pests and whets dangerous to plants (for wheat) and for sugar that the
product is ready for human consumption without further processing, in, 3 originals and 4 copies;
-Insurance certificate in favor of the buyer at seller´s expenses regarding each one shipment.
PROCEDURES
ü Buyer issues a LOI or ICPO, including buyer´s bank information + BCL + NCNDA/IMFPA + buyer
passport color copy - to seller name (if you can´t send a BCL, a caution of 35.000 usd is required).
returns it with an ICPO including his bank coordinates and signed by his 2 bank officers, or sending to
bank of seller, by swift MT 799, as proof of funds.
– the seller sign the contract
and return to the buyer.
ller's bank to confirm their readiness for issuing of mt760 pop within
7/10(seven/ten) international banking days on bank-to-bank basis. and buyer.
instruments by an 25 top bank*: http://www.bankersalmanac.com/addcon/infobank/wldrank.aspx
-10 banking days, seller’s bank sends proof of products (pop) confirmed by the minister of
economy of Brazilian Government + sends the performance .bond 2% via swift bank to bank methods to
the buyer’s bank , to activate the buyer’s financial instrument.
seller's bank.
OTHER INFORMATION
LOADING PORTS: Santos, Suape, Paranaque, Maceio, Ports in Brazil.
IMPORTANTS DETAILS
A. - The seller will not provide past documents (B/L, SGS, Proform invoice, or POP)
B. - 0nly the POP and SGS inspection, issued (bank to bank, only), warrant to the quality, quantity,
specifications and product.
C. - All the documentation is sent by the seller’s bank to buyer’s bank only at the time specified in
procedures and not before. Please do not insist. Finally, we do not work off the buyer’s procedures. a
buyers must agree and follow the seller’s procedures. the seller will not alter their procedures.
We look forward for a long business relation
SM Yusoff
SM Global Traders
We connect the world"