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Sugar
click to download sugar price list

Important notes:

1- The freight cost is separate from the goods value and is also paid separately via t/t shipment by shipment.

2- Average freight cost for CIF is 120-150 USD per MT.

3- It will be determined upon destination and origin country.

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White Sugar
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Sugar Icumsa 45
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Browen Sugar

Contract volume (MT) payment
= DLC by MT 700

150000 MT

Monthly volume (MT/MTHs) × 12

12× 12500 MT
300000 MT
600000 MT
1200000 MT

Contract volume (MT) payment
= DLC / plus BG or SLBC

150000 MT
300000 MT
600000 MT
1200000 MT

Spot volume (MT)

12500 MT
25000 MT
50000 MT
100000 MT

Spot volume (MT)

500 MT / 1000 MT
1500 MT / 5000 MT
12× 25000 MT
12× 50000 MT
12× 100000 MT

Monthly volume (MT/MTHs) × 12

12× 12500 MT
12×25000 MT
12×50000 MT
12×100000 MT

Volume MT/ Delivery

1 shipment
from 1 or 2 shipments
2 shipments each 15 days
from 4 shipments each 15 days

Volume MT/ Delivery

12 months
12 months
6500 MT/ 10000 MT
12 months

Quantity

Type of order

12500 MT
SPOT
25000 MT
SPOT
50000 MT
SPOT
75000 MT
SPOT

Quantity

Type of order

100000 MT
SPOT
150000 MT
SPOT
200000 MT
SPOT
12500 MT ×12 months
Contract

Quantity

Type of order

25000 MT ×12 months
Contract
50000 MT ×12 months
Contract
75000 MT ×12 months
Contract
100000 MT ×12 months
Contract

Quantity

Type of order

150000 MT ×12 months
Contract
200000 MT or more×12 months
Contract
The Secret of Sugar :

The simple, irrefutable fact, is this: Sugar is a healthy part of a diet. Carbohydrates, including sugar, are the preferred sources of the body’s fuel for brain power, muscle energy and every natural process that goes on in every functioning cell. Sugar is more than a “fun” food ingredient, it’s an essential one as well. Because it’s all-natural, you can consume it with confidence. As Nature’s preferred sweetener, sugar is present not only in nutrient-dense fruits and vegetables, but is also a key component, in foods as diverse as whole grain breads and cereals, yogurts and tomato sauces.

 Producing countries of sugar:

The five largest producers of sugar in 2011 were Brazil, India, the European Union, China and Thailand. At present, Brazil is currently the largest, sugar producing nation in the world, Brazil exported 17.7 million tons of sugar to other nations, which comprises almost. 40% of the sugar traded in the world that year. That, fluctuations of sugar production in Brazil alone can affect, world sugar prices substantially.

But what does ICUMSA 45 actually mean?

ICUMSA – is ail acronym for the – International Commission for Uniform Methods of Sugar Analysis. It is a world-wide body which brings together the activities of the National Committees for Sugar Analysis in more than thirty member countries. ICUMSA is the only international organization concerned solely with analytical methods for the sugar industry. The ICUMSA ratings method allow s a meaningful and accurate description of the product which can be easily understood by interested parties no matter where they come from.

1-Buyer shall issue (ICPO-BCL) or ICPO that is signed and stamped  from buyer’s bank. Upon verification, Seller will issue completed SIGNED • SEALED (FCO).Followed by draft contract for both parties countersigning.

2- Within (3) three working days Buyer shall review countersign / or make any necessary amendments.

3-Within (7) seven working days from lodging the agreement in both banks, buyer's bank shall issue financial instrument or confirmed and guaranteed by top world bank acceptable to seller.

4-Within (10) ten working days of receipt, verify and authenticate of buyer's financial instrument, the seller shall submit full (POP) and 2% performance bond.

5-The first shipment delivery is within 28-35 working days from the date of the seller's acceptance of the financial instrument.

6-(NCNDA/ IMFPA) will be endorsed with the seller's and buyer's bank. Upon vessel arrival at destination port, Buyer discharges the product and within 72 hours pays all parties their commissions.

Seller issue full(POP) Documents to buyer via bank to bank, namely:

A. Copy of commercial invoice. /

B. Copy of approval of export certificate.  

C. Copy of statement of availability of the product.

D. Copy of refinery commitment to produce the product.  

E. Copy of Transnet contract to transport the product to the port.

F. Copy of the port storage agreement.

G. Copy of the charter party agreement to transport the product to discharge port.

H. The customer formalities , and test report to buyer's bank.

I. Certificate of origin.  /J. Copy of vessel questionnaire 88.

K. Dip test authorization.(Upon Buyer's request and Buyer will pay full amount)

L. Copy of bill of loading.  /M. SGS report.  /N. Tank receipt.

In FOB case, Seller's bank shall release financial instrument immediately after Buyer receives all POP documents. In CIF case, when ship arrives at destination port and buyer conducts inspection on the goods and upon

satisfaction / the cargo passes (SGS), Seller's bank shall release financial instrument within (3) three working days and buyer pays full amount of inspection at destination port .

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C O N T A C T

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