DDP

USA
SOP > PROCEDURE TO BUY DDP USA, SUGAR.

> TO SHIP FROM BRAZIL

BUYER PROCEDURES:
US Nationalized Product (Contract)

1. Buyer issues a signed Letter of Intent (LOI) + CIS or Purchasing order (ICPO) to the
Seller.

2. Seller issues Purchase Contract. (SPA)

3. Buyer reviews, signs, and returns Purchase Contract within five (3)business
days.

4. Seller signs Purchase Contract and sends copy to Buyer via email.

5. The buyer must issue a proof of funds

(POF).You can be ONE of these:
5.1. RWA
5.2. BCL signed by two bank officers.
5.3. Certification letter, in which the seller's bank officer can verify the
funds with the buyer's bank officer.
5.4. LOA or letter of attestations from a USA Lawyer
5.5. The buyer will send the SBLC draft for the seller's bank to approve,
then once approved, the buyer's bank will issue the MT760.

6. The Buyer issues the SBLC in favor of Supplier. and remits the SBLC MT760 to the bank
designated by the Seller within five (5) business days following the signing of the Purchase
and Sale Agreement. The SBLC shall be for one (1) months’ worth of shipment, with a
maturity of twelve (12) months and one (1) dayfrom the date of issuance.

THE SBLC MUST BE SOURCED FROM THE TOP 25EUROPE, AND BE

UNCONDITIONAL, IRREVOCABLE, UNRESTRICTED,
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 TRANSFERABLE, CASH-BACKED. FREE OF ENCUMBRANCES AND
CONFIRMED WITH FULL BANK LIABILITY.

7. Seller verifies and confirms, by receiving the SBLC

8. Within ten (10) working days, the Buyer will receive the completed shipping documents and
the Proforma Invoice (PI), once the vessels are loaded and readyto depart for the U.S. port.

9. Approximately (20 - 30) business days later, the sugar will arrive at the designated U.S. port
facilities and the Buyer will be notified. Once the government port authorities have verified
the shipment, the Buyer will receive thecompleted shipping documents, U.S. Customs
Clearance and Nationalized Sugar Certificates, along with the location of the port facility.

10. After inspection of the product and documents by Buyer or Buyer's representative, Buyer
will pay the full sugar payment, on the same day of inspection, into Seller's designated bank
account.

11. The Seller will transfer title to the Buyer.

12. The Buyer shall arrange to pick up the product at the port facilities within thirty
(30) days.

SPECIAL PRICES / PRECIOS ESPECIALES

APRIL / MAY 2024

SUGAR ICUMSA 45
QUANTITY MT PRICE MT
1,000,000 X 12 $470 MT
500,000 X 12 $475 MT
400,000 X 12 $477 MT
300,000 X 12 $480 MT
200,000 X 12 $485 MT
100,000 X 12 $495 MT
50,000 X 12 $505 MT

Prices may change without prior notice

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