GLOBAL BLACK STAR SUGAR COMPANY LLC 7611 West Wabash Court Suite 1 Phone: 4148391508 Fax: 414 906 1706 Show More...
GLOBAL BLACK STAR SUGAR COMPANY LLC 7611 West Wabash Court Suite 1 Fax E-mail: LETTER OF INDEMNITY FOR BRAZILIAN IC45 SUGAR GLOBAL BLACK STAR SUGAR COMPANY LLC 7611 WEST WABASH COURT SUITE 1 MILWAUKEE, WISCONSIN 53223 References: SUGAR IC45 LOI SUGAR 12202021 Date: December 20, 2021 To: BRAZIL AGRO EXPORTS PURCHASE OF CRYSTAL WHITE REFINED SUGAR (IC45) We, hereby declare and confirm that we are ready, willing and able to purchase Brazilian Crystal White Refined Sugar (ICUMSA 45) in the quantity and for the price as specified in the Terms and Conditions stated below. This representation is made with full corporate authority and also responsibility of the above stated buyer. COMMODITY: REFINED WHITE CANE SUGAR ICUMSA 45- RBU ORIGIN: BRAZIL QUANTITY 200,000MT X 12 MONTHS = 2,400,000mt @ $270mt TOTAL PRODUCT: 2,400,000MT DELIVERY: ASWP CIF PORT: PORT TO BE NAMED IN CHINA PRICE: $245.00 PER MT - $255.00 PER MT or best offer PAYMENT TERM: (LC) or Confirmed, Irrevocable, Transferable 100% at site. PERFORMANCE BOND: 2% PB SPECIFICATIONS: SUGAR ICUMSA 45 - RBU ICUMSA 45 RBU (METHOD Nº: 4-1978) POLARIZATION AT 20º - 99,8 % MINIMUM MOISTURE 0,04 % MAXIMUM SULTED ASH CONTENT 0,04 % MAXIMUM GRANULATION FINE SEDIMENT NONE SOLUBILITY 100% DRY AND FREE FLOWING RADIATION NORMAL CERTIFIED WITHOUT CAESIUM OR IODINE MAGNETIC PARTICLES 4 MG KG COLOR SPARKLING WHITE CRYSTAL20 PPM MAX SMELL FREE OF ANY ODOUR HPN STAUREUS NIL AS 1 PPM MAXIMUM PS 2 PPM MAXIMUM CU 3 PPM MAXIMUM CROP 2016 OR CURRENT AVAILABLE REDUCING SUGAR 0,05 % MAXIMUM BY WEIGHT SUGAR SOLID CRYSTAL PROCEDURES: 1. Buyer issues LOI 2. Seller issues SCO TO BE SIGNED THIS IS NOT A COMMITMENT UNTIL CONTRACT (SPA) IS SIGNED 3. Buyer forwards ICPO 4. Seller sends contract Buyer and Seller sign contract. 5. After signing, accepting the contract and receiving the Pro forma Invoice from the Seller, 6. Seller provides POP in the form of a Proforma Invoice warehouse receipt 7. Buyer sends pre-approval of LC to seller’s bank by SWIFT -799 to the Seller Bank 8. Within 10 days of receipt of Pro Forma Invoice, SGS report, and warehouse receipt. The Buyers bank issues to the sellers’ bank via SWIFT, LC guaranteed by money, (LC) or Confirmed, Irrevocable, Divisible, Transferable 100% at site. will be issued by a top 50 world bank and accepted by Seller 9. Seller sends 2% PB after receipt of the LC for one shipments value that we revolve with the contract. 10. Vessel is loaded within 10-15 days from receiving the LC. 11. Seller presents the shipping documents. Regards Mr. Tod Dwayne Sims Global Black Star Sugar Company LLC 7611 West Wabash Court Suite 1 Milwaukee, Wisconsin.0
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