Micro Tech

COMMODITY: REFINED CANE SUGAR ICUMSA-45.ORIGIN : BRAZILPACKING : In 50 Kilo bags with Polythene Inner.SPECIFICATIONS REFINED SUGAR ICUMSA-45 :POLARIZATION: 99.80 Degrees min.ASH CONTENT: 0.04 Max.ICUMSA: 45 RBUSOLUBILITY: 100% Dry and Free FlowingCOLOR: Sparkling White. Maximum 45 Icumsa attenuation index unitsRADIATION: Within internationally accepted limits.GRANULATION: Fine to MediumMOISTURE: 0.4% Max.MAGNETIC PARTICLES: 4Mp/kSO2: 70 Mg/kASH BY ELECTRICAL CONDUCTIVITY: 0.04% Max. [on dry weight basis]SULPHUR DIOXIDE: 20 mg/kg Min.SEDIMENTS: None.SMELL: Free of any SmellREDUCING 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 CrystalCROP: 2008 or later.QUANTITY & PRICE VALUE:SPOT PRICES:12,500mt - 420.00 usd/mt CIF ASWPANNUAL CONTRACTS:12,500 MTS X12 MOnths=150,000 MTS -$ 370 usd/mt CIF ASWPPAYMENT:By Irrevocable, Transferable, Confirmed, Revolving ��BLC��/BG/FFDRLC 100% Payment at SightL/C for total Quantity from Top Western Prime Bank. PERFORMANCE BOND:The Seller will Post 2%Performance Bond after Receipt of Payment Instrument to the Seller.INSPECTION:S.G.S Inspection for Quality and Quantity Service at Seller�� Cost shall inspect the Commodity at Place of Loading.Delivery: Within 30 to 35 days after confirmation of payment instruments. Procedures:1) Buyer issues a LOI + RWA/BCL + NCND2) Seller issues FCO3) Buyer sign seal and return the FCO4) Seller issues Draft Contract5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the Buyer6) Buyer Bank sends a Non-operative SBLC /FFDLC/BG to the seller�� Bank7) Seller�� Bank sends Proof of Products (POP) + PB 2% to the Buyer�� Bank and Activate thePayment Instrument.8) SBLC/FFDLC/BG Becomes operative9) Shipment Starts.