Nexgen Managements

Company Description

Contract : 12,500MT X 12 Months
$720/MT
12 Months
Delivery Terms : Irrevocable, Confirmed, Transferable, Revolving DLC
COMMODITY: WHITE REFINED CANE SUGAR ICUMSA 45
ORIGIN: BRAZIL
DESTINATION: C&F Chittagong, Bangladesh
PACKING: In Bulk (50 kg PP bags)
INSPECTION: SGS IN LOADING PORT AND AT SELLER?? COST
DELIVERY: ARRIVAL AT DESTINATION WITHIN 40 DAYS UPON RECEIPT OF DLC
PAYMENT TERMS: PAYMENT BY IRREVOCABLE, CONFIRMED, TRANSFERABLE, REVOLVING
DOCUMENTARY LETTER OF CREDIT, ISSUED OR CONFIRMED BY A TOP 50 WORLD BANK.
PAYABLE 100% AT SIGHT AGAINST SHIPPING DOCUMENTS
P-BOND Seller shall provide buyer at its expense a performance bond in a definite amount equal to 5%
INSURANCE: TO BE COVERED BY THE BUYER

PROCEDURE:
1. BUYER CONFIRMS PRICE AND FORM OF PAYMENT
2. BUYER ISSUES IRREVOCABLE LOI
3. SELLER ISSUES FCO UPON RECEIPT OF BUYER LOI
4. BUYER SIGNS AND RETURNS THE FCO TOGETHER WITH BCL ISSUED BY L/C OPENING
BANK . A COPY OF THE DLC FORMAT SHALL ALSO BE ATTACHED.
5. SELLER CONFIRMS BUYER BLC AND DLC FORMAT AND ISSUES FINAL CONTRACT
SPECIFITIONS, FIT FOR HUMAN CONSUMPTION:
ICUMSA 45RBU ATTENUATION INDEX UNITS METHOD NO.: 4-197
COLOR SPARTKLING SRYSTAL WHITE
POLARIZATION AT 20C: 99.8% MIN
MOISTURE 0.04% MAXIMUM
SULPHATED ASH CONTENT 0.04% MAXIMUM
REDUCING SUGAR 0.05 MAXIMUM BY Nexgen ManagementsIGHT
AS 1 PPM MAXIMUM
OS 2 PPM MAXIMUM
CU 3 PPM MAXIMUM
HPN STAPH AUREUS NIL
SUBSTANCE solid CRYSTAL
SOLUBILITY 100% DRY AND FREE FLOWING
SEDIMENTS NONE
SMELL FREE OF ANY SMELL
GRANULATION FINE
MAGNETIC PARTICLES 4 MG/KG MAXIMUM
SO2 20 PPM MAXIMUM
RADIATION NORMAL WITHOUT PRESENCE OF CESIUM OR
IODINE - CERTIFIED
CROP 2009/2010 OR 2010/2011

Phytosanitary certificate of
no radiation, no virus, no insect
parts, husks, no poisonous matter and non-genetic
and is
suitable for human consumption.