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35 Inquiries
3 replies
Minimum order quantity: 1 Tons
Open to price negotiation
Supplier Country: United Arab Emirates
Export market: United Arab Emirates, United Kingdom, Brazil, China, Turkey
Key Takeaways

4.1
United Arab Emirates
Agent, Business Service, Distributor/Wholesaler, Trading Company
CARPENTER COURT, 1 MAPLE ROAD, BRAMHALL, STOCKPORT, CHESHIRE SK7 2DH UK
Inquiry Open Rate
98%
Total inquiries received
159
Inquiries Read
156
Year Established
2019
Based on the information provided by the supplier.
United Arab Emirates
United Kingdom
Brazil
China
Turkey
Middle East
27%
Western Europe
27%
East Asia
18%
North America
18%
South America
9%
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OPERATIONAL PROCEDURES
1 - The Seller issues FCO - Full Corporate Offer for Buyer's approval, containing the commercial conditions
and operational procedures.
2 - Buyer approves FCO and sends to Seller.
3 - Once this step is completed, Seller sends Draft Contract for Buyer's approval who will be able to
comment on requested changes, and after agreement of terms signs the SPA electronically.
4 - After signing the SPA - Sales & Purchase Agreement, Buyer's Bank issues POF - Proof of Finance via
Swift MT799 to Seller's designated Bank.
5 - Once the above item is done, Seller's Bank issues POP - Proof of Product to Buyer's Bank via Swift
MT799 mentioning that the quantity to be supplied by the Seller
6 - Next, after confirm the sugar at the Dubai Port, Buyer's Bank pay by TT or MT103 trial value of USD
101,400.00 for trial and before a irrevocable, transferable and divisible SBLC MT760 for FULL ONE MONTH
USD 10,750,000.00 amount with a validity of 365 + 1 day validity (12-Months Contract).
7 - Within two to five (4-6) business days Seller's Bank issues 2% PB on the face value of the bank
guarantee issued by Buyer's Bank for 12-months contract, making the issued SBLC operational.
8 – Shipment Time / Payment Terms
First shipment is expected within 30/45 working days after the SBLC is unlocked.
Upon the product's loading, the Seller will send electronic copies of the shipping documents to the Buyer
who will then have 3 (three) business days to remit the full sugar payment via Swift MT103 into the Seller's
designated Bank. For the first monthly shipment of 25,000 tons, a discount of USD 34,320 will be granted
for the overpayment in the trial period or plus 80 tons for free.
You are viewing details for Sugar Icumsa 45. The information provided here is either posted directly by the supplier, who is responsible for its accuracy, or collected by Freshdi AI from publicly available sources. Freshdi strives to make product information as useful and reliable as possible, but we do not guarantee complete accuracy. If you notice any incorrect or misleading details, please use the Report Product option so our team can review and address it quickly.

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4.1
Louige Damion Loevgren (Founder/ Owner)
Active
Year Established: 2019
Business type
Agent, Business Service, Distributor/Wholesaler, Trading Company
Main Export Markets