BRIEF INTRODUCTION

Buoyancy Impex Pvt Ltd , India offers Sugar of various kinds like Icumsa 45,150,Demrara,Brown color sugar ,VHS with Brazilian Origin & have a capability of offering it in huge quantities on yearly contracts, packed in 50 KGS PP bags in chartered shipments to your destination port. Spot shipments are available on request ranging from 500 MT minimum up to 10000 MT loaded in containers .Form of payments are flexible, depending upon the request of customers.

We are very serious when it comes to supply of Commodities and accept to work with serious buyers that provide correct documentation, we do not facilitate long chain of brokers or speculators between the buyers and sellers or believe in offering kickbacks or marking up of price.

Detailed Product Description :

• Product : Icumsa 45

• Origin : Brazil

• Packing  : 50 KGS  bags with 2 % extra bags FOC

• Shipload : 12500/25000/50000 MT per shipload

• Contract Length  : Not exceeding 12-18  Months

• Price : USD/MT CIF ASWP

• Payment Types: Irrevocable, Confirmed, Transferable /Non –Transferable, Unconditional , Divisible , Auto Revolving FFRDLC /RDLC/ DLC/SBLC/ BG  ,Payable 100 % at sight against shipped quantity.

•  Inspections  : By SGS (Societe General de Surveillance ) at loading port at sellers cost for quality , quantity photos of the product 

• PB : Not more then 2% of each shipment value

• POP – POF

• Buyer can Visit the loading port at there own cost at the time of loading when all the shipping information is at hand of the buyer like name of the vessel , name and number of loading Pier, date of loading , this information will be passed to the buyer , for them to witness the loading.

• We do not offer samples, past performances, Bill of lading or allocation letters. Genuine Buyers may only contact us.

The commodity shall be corresponding as per Inspection Certificate issued by SGS or
Another compatible World class inspection organization at port of loading, confirming that the commodity meets the following specifications:

Commodity: White Cane Sugar Icumsa 45

Specifications: Fit for Human Consumption1/6

Polarity at 20 Deg. Centigrade: 99.80 Min.

ASH Content: 0.04% Máx.

Moisture:0.04% Máx.

Solubility: 100.0% DRY and free flowing.

Granulation: Fine

ICUMSA:Máx. 45 ICUMSA, Attenuation Index Units method no: 4-1978)

Sediments: None

Color: Sparking White Crystal

Crop: 2005/2006

Magnetic Particles: mg/k 4.

SO2: mg/kg 20

Radiation: Normal w/o presence of cesium or iodine: certified

Smell: Free of any smell

Reducing Sugar: 0.05% max

Substance: Solid, Crystal max

Max AS:1 p.p.m

Max OS:2 p.p.m.

MAX CU: 3 p.p.m.

HPN STAPH AUREUS: NIL

Poisonous seed / husks: Phytosanitary Certificate of no radiation, no virus, noinsect parts, no poisonous matter and non genetic and is suitable for human consumption.

Procedures :

For Commodities (Urea/Cement/Sugar/Asphalt)

• The seller issues a soft quote.

• The buyer and seller sign the NCND agreement.

• The buyer issues a LOI & BCL or full banking co-ordinates and authorisation to conduct a Soft Probe.

• The seller issues a Full Corporate Offer. The buyer signs, stamps and returns this document indicating that they accept the offer and its terms and conditions.

• The seller issues a Draft Contract. The buyer signs, stamps and returns this document within 5 business days, indicating that they accept the contract and its terms and conditions. Any facsimile or electronic copies shall be considered as the original.

• The seller issues and sends by courier two (2) original Final Contracts to the buyer. The buyer signs and stamps both originals, retaining one (1) original themselves and sending by courier one (1) original to the seller.

• Within five (5) banking days after delivery by courier to the seller of the signed original Final Contract, the buyer opens a financial instrument and then provides the seller with a Non Operative Financial Instrument for approval prior to being forwarded to the seller’s bank.

• Within seven (7) banking days after receipt of Non Operative Financial Instrument acceptable to the seller and the sellers bank, the seller issues a fully active two (2%) percent Performance Bond of the Letter of Credit monthly value.

• The Letter of Credit becomes fully active. After receipt and confirmation of operative financial instrument acceptable to the seller ,the sellers bank provides Proof of Product (POP)to the buyer’s bank via swift message

• Shipments commence as detailed in the Final Contract within 30-45 days of letter of credit being activated 

• BCL MUST INDICATE AN AVAILABLE VALUE AT BUYER'S ACCOUNT AS NECESARY TO COMPLETE THE DEAL. AFTER RECEIVED BUYER 'S NON-OPERATIVE L/C, SELLER INVITE BUYER COME TO BRAZIL TO VISIT LOADING PORT.

• PAYMENT INSTRUMENT MUST BE ISSUED BY/OR CONFIRMED BY TOP 50 Banks of the world.

DRAFT DOCUMENTS :

LOI (Letter Of Intent) to be completely filled out on Buyers Letter Head

Draft LOI can be downloaded here!

BCL ( Bank Capability Letter )  to be completed by the Buyers Bank Official

Draft BCL can be downloaded here!