Spec:

polarization: 99.8%min 
moisture: 0.04%max 
ash content: 0.04%max 
ICUMSA 45RBU 
solubility: 100% free flowing 
granulation: standard 
radiation: normal 

PACKING: 50 kg poly-lined bags 
PMT TERMS: Irrevocable LC that can be confirmed by Union Bank of Switzerland 
(payment 100% at sight or deferred 120 days from b/lading date [interest 
costs for buyer's account]) 
MIN ORDER AND SHIPMENT QTY - 12500mt. 
PRICES FOR REFINED WHITE CANE SUGAR ARE AS FOLLOWS: 
  12,500mt                    430US$/MT 
  25,000mt                    400US$/MT 
  50,000mt                    370 US$/MT 
100,000mt                    350US$/MT 
ASSUMING ONE DLC FOR ENTIRE CONTRACT VALUE

PROCEDURES: buyer to issue LOI with FULL banking details 
seller to issue pro forma 
buyer's bank to furnish proof of funds to seller's bank 
seller's bank to furnish proof of product to buyer's bank 
buyer's bank opens LC operative upon receipt of 2% bond 
seller's bank issues 2% performance bond 
LC becomes operative and shipment commences 35 days thereafter.