REFINED WHITE CANE SUGAR

REFINED WHITE CANE SUGAR

GRADE “A” – ICUMSA 45 RBU

ORIGIN BRAZIL

MARCH 2010

QUANTITY & PRICE

Minimum 12.500MT X 12 – 150.000mt

Maximum 300.000MT X 12 – 3.600.000mt

12.500 SPOT - USD 480MT CIF ASWP

25.000 SPOT - USD 470MT CIF ASWP

50.000 SPOT - USD 460MT CIF ASWP

100.000 SPOT - USD 450MT CIF ASWP

150.000 SPOT - USD 440MT CIF ASWP

200.000 SPOT - USD 450MT CIF ASWP

PACKING

PACKED IN NEW 50 (FIFTY) KILOGRAM NET DOUBLE SACKS, BEING ONE SACK OF POLYPROPYLENE AND THE OTHER OF POLYETHYLENE AND PALLETIZED.

INSPECTION

SGS Inspection at Sellers Cost shall inspect the Commodity at Loading Port

PAYMENT

MT 103/23

PERFORMANCE BOND

The Seller will Post 2% Performance Bond.

DELIVERY

In 30-45 Days and Rest in 30 Days and after Receipt of Payment Instrumen

SPECIFICATIONS

FIT FOR HUMAN CONSUMPTION

POLARIZATION, DEGREES, MIN 99.80%

ASH BY ELECTRICAL CONDUCT, MAX 0.04% (ON DRY WEIGHT BASIS)

ASH CONTENT, MAX 0.08

MOISTURE, MAX 0.04%

ICUMSA, MAX, (BRAZIL S.G.S. SCALE) 45 RBU

ICUMSA, MAX, ATTENUATION INDEX UNITS 45 (ICUMSA METHOD NO.: 4-1978) SOLUBILITY 100%, DRY AND FREE FLOWING

COLOR SPARKING WHITE

RADIATION WITHIN CS-137 50 BQ PER KG

GRANULATION FINE CRYSTAL

CROP 2009/2010

SO2 MG/KG, MAX 20

SULPHOR DIOXIDE, MG/KG, MIN 20

SEDIMENTS NONE **SMELL TYPICAL AND SPECIFIC FOR SUGAR

REDUCING SUGAR, MAX BY WEIGHT 0.05%

HPN STAPH AUREUS, IN 1 GRAM NOT DETECTED

MAXIMUM AS, P. P. M. 1

MAXIMUM PB, P. P. M. 1

MAXIMUM CU, P. P. M. 3

SUBSTANCE SOLID CRYSTAL

TOLERANCE ± 5%

LATEST CROP SUGAR SHOULD BE EXTRACTED FROM SOUND, UNFERMENTED AND UNDECAYED SUGAR CANE - SUGAR SHOULD BE CLEAN FREE FROM ANY FOREIGN MATTER, TASTE OR ODOUR AND HAVE THE SWEET TASTE CHARACTERISTIC OF WHITE SUGAR WHETHER DRY OR IN SOLUTION.

PROCEDURES

BUYER ISSUES LOI/ICPO + BCL AND NCNDA