LL Agent

Dear Ladies and Gentelmen,

Thanking you for your interest to deal and conduct business with us. Following is the specification and procedure of the above mentioned offer:

COMMODITY: ICUMSA 45 RBU WHITE REFINED CANE SUGAR
POLARIZATION: 99.80% MIN
MOISTURE: 0.04% MAX
MAX  COLOR: SPARKLING WHITE
ASH CONTENT: 0.04% MAX
SOLUBILITY: 100% FREE FLOWING
GRANULATION: FINE GRADE
RADIATION: NORMAL CERTIFIED
CROP: 2005/2006 Seller?s Option

ORIGIN: BRAZIL
GUANTITY: 1 200 000 MT PER 1 YEAR
QUANTITY/MONTH: 100 000 MT
LENGHTH OF CONTRACT: 1 year with possible prolongation
PACKING: 50 kg, new seaworthy polypropilene (PP) bags, polyethylene (PE) lined, in slings or on pallets suitable for ocean transportation  with 2% extra bags free.
COUNTRY OF DESTINATION: DUBAI, UAE
DELIVERY PERIOD: JULY, 2006-JUNE, 2007
PRICE: $ 300 CIF ASWP THE PRICE WILL BE REVIEWED ON A THREE (3) MONTH BASIS.
TERMS OF PAYMENT: IRREVOCABLE, CONFIRMED, DOCUMENTARY, AUTO-REVOLVING EACH MONTH LC.
PERFORMANCE BOND: 2%
INSPECTION: SGS
PRODUCT INSURANCE: SELLER SHALL PROVIDE INSURANCE AT HIS SOLE EXPENSE AND RESPONSIBILITY 110% ALL RISK COVERED, ISSUED TO THE NAME OF THE BUYER IN THE DOCUMENTARY LETTER OF CREDIT.

PROCEDURE:

1. BUYER SEND LOI OR ICPO ACCOMPANY WITH BANK COMFORT LETTER (BCL)
2. SELLER  SEND FCO AND AGREED ON SOFT PROBE OF HIS BANK
3. SELLER SEND DRAFT CONTRACT
4. SELLER AND BUYER AGREED ON DRAFT CONTRACT, DRAFT LC, DRAFT PB
5. BANK OPEN NON-OPERATIVE LC
6. SELLER SEND POP TO BUYER
7. SELLER?S BANK SEND NON-OPERATIVE 2% PB CONDITIONAL TO RECEIPT OF THE AGREED OPERATIVE LC WHICH WILL  ACTIVATE THE 2% PB.
8. SHIPMENT STARTS

Thank you and best regards,
Lemon Loos.
lemon_loosatlist.ru