icumsa 45 prices & procedures May 2011,United States Sugar price supplier

Date:  May 20th, 2011 
SOFT CORPORATE OFFER 
 
brazilian sugar ICUMSA 45 
 
ANNUAL CONTRACT 
Monthly Shipments (MT) Total Quantity (MT) Price per MT 
12,500 x 12 months 150,000 $525
25,000 x 12 months 300,000 $510 
50,000 x 12 months 600,000 $480 
100,000 x 12 months 1,200,000 $455 
150,000 x 12 months 1,800,000 $435
 
SPOT CONTRACT 
Quantity (MT) Price per MT 
12,500 $630 
25,000 $600 
50,000 $565 
100,000 $510
150,000 $490 
 
 
Prices valid until: May 30th, 2011 
 
IMPORTANT NOTE: 
 
We work directly with the producers of commodities. Our product comes directly from various sugar refineries in Brazil. We are not a broker chain and we prefer not to deal with chains of brokers. If you are not the end buyer, please allow us direct negotiations with end buyer. Your commission will have to be paid by the end buyer as we don’t allow over price or pay any commissions; afterwards we can more easily close the transaction. Contact us for further information.
 
Procedures: 
 
1) BUYERS ISSUES A COMPLETE & VALID LOI 
 
I would need the following in the LOI & on buyers letterhead either on WORD or PDF file only or we wont reply: 
 
1-type of sugar   
2-origin of sugar   
3-complete specification of sugar 
4-quantity of sugar   
5-FOB or CIF?   
6-port of destination(all info)   
7-packaging of sugar   
8-spot or 12 month contract   
  
That's what I need to send you "quote/offer"   
 
2) SELLER SENDS SCO 
 
3) BUYER SENDS ICPO SIGNED, SEALED, VIA EMAIL OR FAX  (PDF FILE) 
 
4) SELLER ISSUES DRAFT CONTRACT TO BUYER 
 
5) BUYER RETURNS CONTRACT TO SELLER SIGNED AND SEALED 
 
6) SELLER RECEIVES CONTRACT SIGNED AND SEALED AND BECOMES EXECUTED 
 
7) WITHIN FIVE (5) DAYS, BUYER'S BANK ISSUES A DRAFT FOR THE DLC/SBLC TO FINALIZE WORDINGS WITH THE SELLER 
 
8) BUYER ISSUES ONE NON-OPERATIVE (ARDLC) TO COVER THE SHIPMENT 
 
9) AFTER ACCEPTANCE DLC, SELLER'S FINANCIAL COMPANY BANK SENDS 2% PERFORMANCE BOND AND PROOF OF PRODUCT TO BUYER'S BANK AND THE DLC BECOMES OPERATIVE 
 
10) DELIVERY AND SHIPMENT COMMENCES WITHIN 35/45 DAYS AFTER ACCEPTANCE OF THE DLC BY SELLER'S FINANCIAL COMPANY BANK 
 
11) PAYMENT DRAWN DOWN SHALL PROCEED UPON PRESENTATION OF ORIGINAL DRAFT WEIGHT SURVEY AT DELIVERY PORT, COMMERCIAL INVOICE, B/L  AND ORIGINAL SGS REPORT 
 
Payment terms: 
 
1. SBLC Transferable, Divisible, Irrevocable, confirmed by a prime international bank, with pre-notification, payable at sight. The financial payment instrument shall be: fully funded, unconditional, irrevocable, assignable, divisible, and transferable issued and confirmed by a top 25 world prime bank, 100% payable at sight against shipping documents. 
 
Thanks,

Juan Jose Rivera