Commodity Trading
Your source of agribusiness products from Sout America
Dear Broker / Intermediate / Mandate / Buyer
Thanks for your interest in our sugar. We offer the following commodities:
Sugar Icumsa 45 or 100 or 150;
Raw Sugar VHP 800 / 1200;
Soybean Grade #2 GMO or NON-GMO;
Yellow Corn #2;
CDSO - Crude Degummed Soybean Oil;
We are very confident that you will find we are a company with professionalism,
experience, ethics, and integrity. Many of our clients ask us, why we require so much paperwork above and beyond any
other company they have dealt with in International Trade?
The reason we require specific documents, in specific verbiage, is because of I.C.C.
Arbitration. As you know, if a party of an International transaction does not
follow through with their signed and sealed commitment, an International Chamber
of Commerce Arbitrator can be called upon to review all parties’ documents
and statements. After hearing and reviewing all parties documents and
statements, the arbitrator will make a decision to award one or more parties who
the arbitrator feels has been wrongfully damaged in a specific claim. Another
reason is that we have to follow the requirements of the mills cooperative we
deal with, so all can do safe trading.
There are now literally millions of untrained, misinformed global commodity
traders (intermediaries) who are trading from
home and attempting to secure huge commissions by buying or selling
exportable sugar. Thousands of new “agents” are drawn to the
business daily, 99% of which will never achieve a single successful deal
because even though they mostly set out with good intentions, they do
not know how to close a deal from start to finish – most do not
even know how to start a deal correctly, let alone bring it to a final
conclusion. But this is not the main problem. These agents are
always ”trading” with unverified offers.
SUMMARY OF PAPERWORK PROCEDURES:
We follow strict rules to avoid the above and to go beyond your
expectations to secure and protect all parties involved (Seller, Broker,
Buyer). Therefore, due to some difficulties with buyers, the mills cooperative
we work with requires that the steps below be specifically followed. They will
not respond to enquirers, if this flow is not followed starting with an e-mail to
clovis.lemes@candex.us:
- The Buyer sends us an ICPO with Soft Probe Authorization + BCL + NCNDA-IMFPA
filled, signed and sealed.
- The Seller Issues an FCO (or FCO + Draft Contract) and sends it to the Buyer in 48 to 72 hours.
- The Buyer accepts and signs the FCO, which includes his bank coordinates and forwards it to the Seller,
who countersigns this, which has to include his/her Bank Coordinates. Copies thereof
are forwarded to the Seller, the Seller's Bank and Buyer's Bank (if required at this stage).
- The Seller issues a Draft Contract for the Buyer to check if any revision is needed
and, if positive, sends those revision notes back to the Seller, together with the Draft
Contract signed and sealed. After this, the Seller signs the contract and returns a copy
to the Buyer through the Intermediary.
- The same actions like the last one up is taken with respect to the Final Contract.
- Both sides place the contract and documents in their Banks.
- The Buyer Bank confirms POF and the availability of SBLC, BG, ARDLC, MT 103/23
as well as their readiness to issue the respective payment object of the transaction
to the Seller's Bank.
- The Sellers Bank confirms the POP and the availability of a PB, as well
as their readiness to issue it to the Buyer's Bank
- The Buyer's and Seller's Bank approve the format / text / verbiage of
Buyer’s SBLC, BG, ARDLC, MT 103/23 and Seller’s PB.
- The Buyer's Bank issues non-operative Letter of Credit, and in return
the Seller's Bank issues an Operative Performance Bond
- The Operative Performance Bond activates.
- The Shipment commences as per contract, and the delivery is about 25 to
35 days after the shipment.
Following the above, we can serve you better, and in a safe way to all involved.
[Brasil Website]
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Sugar Ready for Shipment