SUGAR – March 2009

ICUMSA 45.

This price list is for guidance only, as prices change on a regular basis. The prices are Nett prices and do not include commissions. When quoting a price, commissions must be added for your buying end, but please be reasonable in this, as onerous and high commissions will not be tolerated by us and our suppliers.

Origin:   Brazil

Contract:             minimum 12 months.

Payment:            Prices are CIF. Payment by MT103/23 or Monthly Revolving DLC, Transferable or Non Transferable acceptable.

12,500 x 12 = 150,000 MT @ $335/MT

25,000 x 12 = 300,000 MT @ $320/MT

37,500 x 12 = 450,000 MT @ $290/MT

50,000 x 12 = 600,000 MT @ $285/MT

1,000,000                             @ $235/MT

2,000,000                             @$220/MT

3,000,000                             @ $210/MT

5,000,000                             @ $200/MT

10,000,000                          @ $180/MT

Simple Procedures:

1) Buyer issues a ICPO/LOI + RWA + NCND

2) Seller issues FCO

3) Buyer sign, seal and return the FCO

4) Seller issues Draft Contract

5) Buyer sign, seal and return the Contract, seller sign the Contract and return to the

Buyer

6) Buyer and Seller deposit a copy of the executed Contract to their respective Banks.

7) Within 3 (three) banking days, Buyer Bank sends a Non-operative 2/3 months SBLC or BG for

total shipment value to the seller’s Bank

8) Within 48 hours Seller's Bank sends Proof of Products (POP) + PB 2% via Swift Bank

to Bank methods to the Buyer’s Bank

9) FFSBLC or BG operative.

10) Shipment.

SPOT_ ICUMSA 45:

12,500 @ $410/MT

25,000 @ $395/MT

50,000 @ $385/MT

100,000 @ $378/MT

PAYMENT IN MRDLC, Transferable or Non Transferable, Irrevocable, Divisible.

PROCEDURES:

1. BUYER ISSUES ICPO.

2. SELLER ISSUES FCO WHICH BUYER COUNTERSIGNS FCO AND RETURNS

3. SELLER ISSUES DRAFT CONTRACT IN FAVOUR OF THE BUYER.

4. BUYER SIGNS AND SENDS BACK THE CONTRACT DRAFT TO THE SELLER WITHIN

48 HOURS. FAX AND EMAIL ALONG WITH THE ATTACHED CLIENT INFORMATION

SHEET. COPIES DEEMED AS ORIGINALS.

5. WITHIN 3- DAYS, AFTER EXECUTING THE SALES AND PURCHASE CONTRACT, THE

BUYER'S BANK, VIA SWIFT MT799, STATES THEIR READINESS TO ISSUE THEIR

ARDLC, AS PER CONTRACT TO SELLER'S NOMINATED BANK.

6. SELLERS BANK SENDS VIA SWIFT, TO BUYERS BANK, HIS READINESS TO POST

THE PB AND CONFIRMS THE PROOF OF PRODUCT DOCUMENTS (PARTIAL POP) AND

CONFIRMATION OF ACCEPTABLE ORIGIN OF SUPPLY.

7. WITHIN 5- (FIVE) DAYS OF RECEIVING THE POP CONFIRMATION, BUYER'S BANK

WILL ISSUE THE NON-OPERATIVE ARDLC IN FAVOUR OF THE SELLER, THROUGH

THEIR  NOMINATED BANK.

8. WITHIN 5- (FIVE) WORKING DAYS OF THE RECEIPT OF BUYER'S ARDL/C, THE

SELLER WILL POST THE OPERATIVE PERFORMANCE BOND AND FULL PROOF OF

PRODUCT WHICH WILL ACTIVATE THE ARDLC.

9. DELIVERY AND SHIPMENT COMMENCE, AS PER SCHEDULE MUTUALLY AGREED

SPECIFICATION OF SUGAR ICUMSA 45 :

POLARITY at 20ºC: 99.80º Minimum

SULPHATED ASH CONTENT: 0.04% Maximum by Weight

MOISTURE: 0.06% Maximum by Weight

MAGNETIC PARTICLES: mg/kg 4

SOLUBILITY: 100% Dry & free flowing

GRANULOMETRY: 0.55 - 0.70 Am/mm

ICUMSA: Color 45 ICUMSA attenuation index Units (Method #10-1978) Maximum AS:

1 P.P.M.

COLOUR: Brilliant White

REDUCING SUGAR: 0.010% Maximum in Dry Mass

RADIATION: Normal w/o presence of cesium or iodine SO2: mg/kg 70

HEAVY METALS, TOXIC ELEMENTS Maximum mg / kg basis

ARSENIC 0.50                     CADMIUM 0.05                                 COPPER 1.00

LEAD 1.00                                            MERCURY 0.01                  ZINC 3.00

PESTICIDE TRACES Maximum mg / kg basis

DDT 0.005                            PHOTOXIN 0.01                 HEXACHLORAN GAMMA ISOMER 0.005

MICROBIOLOGICAL LIMITS

PATHOGENIC BACTERIA including SALMONELLA per 25 gram: Nil.Bacillus

per gram: Nil

Chet_Crame

chestercrame(at)hotmailcom or

407-718-8508 USA EST