SUGAR IC 45 100 000MTX12

SOFT OFFER - IC 45 - 100 000MTX12

COMMISiON US$2/MT SOFT OFFER To: END SELLER Brazil, OCTOBER 13, 2010. 1. PRODUCT : SUGAR INCUMSA 45 2. QUANTITY TOTAL 1 200 000MT 3. TERM OF THE CONTRACT: one year contract with twelve deliveries of 100 000MT 4- A – PRICE US$310, 00 / MT – CIF- Payment: SBLC or BG total contract, Unconditional, Transferable or non Transferable, Divisible, Irrevocable. B – PRICE US$330, 00 / MT – CIF- Payment: 50 % in SBLC or BG total contract, Unconditional, Transferable or non Transferable, Divisible, Irrevocable. C – PRICE US$355, 00 / MT – CIF- Payment: 30 % in SBLC or BG total contract, Unconditional, Transferable or non Transferable, Divisible, Irrevocable D – PRICE US$375, 00 / MT – CIF- Payment: one month BG/SBLC transferable to the end of the contract, shipment spayments in MT 103/23 5. SHIPMENT INSPECTION : By SGS. 6. SPECIFICATIONS ICUMSA 45 POLARITY at 20ºC: 99.80º Minimum SULPHATED ASH CONTENT: 0.04% Maximum by Weight MOISTURE: 0.06% Maximum by WeightMAGNETIC 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 1.2 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. (XXX Bags per sling of XXXXX Kg. On each vessel, Seller shall at Seller’s expense supply two (2%) percent of each shipment in empty bags of the same specifications Procedures: 1) Buyer issues a LOI or ICPO + RWA or BCL 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 SBLC or BG the seller’s Bank 8) Within 5 days Seller's Bank sends Proof of Products (POP)+ PB 2% via Swift Bank to Bank methods to the Buyer’s Bank  9) SBLC or BG operative. 10) Shipment in 25/45 days  THIS SOFT OFFER IS VALID FOR 05 (FIVE) DAYS BANKS. Regards Mário Carvalho