1 DECEMBER TH 2014 (This document loses its validity on DECEMBER, 2014). SUGAR IC 45 BRAZIL SPECIFICATION: WHITE REFINED SUGAR Icumsa 45 for human consumption shall conform to international specifications COMMMODITY: white refined cane sugar human consumption ORIGIN: Brazil COLOR: sparkling white maximum 45 Icumsa POLARIZATION: 99.80% minimum at 20 deg. Centigrade SOLUBILITY: 100% dry/ free fine flowing MOISTURE: 0.04% maximum on dry weight basis ASH CONTENT: 0.04% maximum by electrical conduct GRANULATION: fine standard am/ mm SUBSTANCE: solid crystal MAGNETIC PARTICLE: 4 max mg/ kg RADIATION: normal w/ o presence of cesium or iodine REDUCING SUGAR: 0.05% maximum by weight SEDIMENTS: none
2 SMELL: free of any smell HPN STAPH AUROUS: nil SO2: 70 mg/kg maximum MAX AS: 1 p.p.m MAX PB: 2 p.p.m MAX PUB: 3 p.p.m ADVANTAGE TRADE, END SELLER, with full and legal corporate authority and responsibility, hereby state and confirm that we are ready, willing and able to supply WHITE REFINED SUGAR ICUMSA 45, according to the following terms and conditions as stated by the provider as specified to the end buyer. TO: END BUYER CONTRACT VOLUME (MT) MONTHLY VOLUME (MT PER MONTH) PRICE SPOT: (CIF) 01 MONTHS SBLC 100% SPOT MT U$D 555,00/MT SPOT MT U$D 550,00/MT SPOT MT U$D 545,00/MT SPOT MT U$D 540,00/MT SPOT MT U$D 535,00/MT SPOT MT U$D 530,00/MT SPOT MT U$D 525,00/MT CONTRACT X 12 MONTHS (CIF) Contract Volume Monthly Volume SBLC 100% MT MT x 12 U$D 530, MT MT x 12 U$D 525, MT MT x 12 U$D 520, MT MT x 12 U$D 515, MT MT x 12 U$D 510, MT MT x 12 U$D 505, MT MT x 12 U$D 500, MT MT X 12 U$D 495,00
3 PACKAGING: Bulk PRODUCT: White refined sugar Icumsa 45 ORIGIN: Brazil. DESTINATION: China port (Rhizao). INCOTERM: CIF (cost insurance and freight). INSPECTION: SGS or similar inspection for quality and quantity service is at the seller s cost and the commodity shall inspect at the place of loading. CURRENCY: American dollar. INSURANCE: 110% of the cif value of each shipment on the seller s account. PERFORMANCE BOND: The seller will post 2% performance bond after receipt of payment guarantee instrument, within ten days. The seller group s bank sends 2% performance bond to the buyer s bank in favor of the buyer, issued and confirmed by an international first bank class. PROOF OF PRODUCT: The seller s group sends a letter of commitment to ensure the provision of product during the fourteen months. The seller group issues the POP to the Buyer s bank by Swift and is issued and confirmed by an international first class bank. SHIPMENT: Within 60 days from receipt of acceptable financial instrument. CONTRACT: 12 months. PAYMENT: Buyer sends bank to bank stand by letter credit open 100% (sblc). The sblc must be open with the sign of contract and should be effective, irrevocable, divided and transferable, non- operative, and pass to operative after sgs and bill of lading (bl) in the origin port, issued or confirmed by one of the top-50 western banks.
4 CROPS: 2014/2015 PROCEDURES 1- Buyer provides, icpo, starting quantity/ packing/ destination/ bank- datas, rwa or bcl and passport. 2- Seller sends to full corporate offer signed to buyer. 3- Buyer sends full corporate offer signed and stamped to seller. 4- Seller sends draft contract to buyer. 5- Buyer sends draft contract signed and stamped to seller. 6- Buyer sends bank to bank stand by letter credit open 100% (sblc). The sblc must be open with the sign of contract and should be effective, irrevocable, divided and transferable, non- operative, and pass to operative after sgs and bill of lading (bl) in the origin port. 7- Seller bank shall swift the full proof of products documents (pop) and 2% of PB. 8- Seller shall provide the buyer with scan-documents as follow after: A- Statement of product availability. B- Certificate of origin C- Company license to export test authorization to buyer bank. 9- Shipment commences as per contract schedule and vessel arriving at buyer`s discharge port within the agreed days after the receipt and confirmation of the financial instrument (s) as per contract. 10- Buyer shall make payment (s) as per contractual agreement. Ports deemed to risk, or in conflict: price U$D 15,00 more on value DOCUMENTS 1-Commercial invoice 2-Bill of lading 3-Packing list in triplicate 4-Inspection certificate by sgs or similar 5-Phytosanitary certificate 6-Weight quality and issued by sgs or similar 7-Fumigation certificate 8-Sgs certificate of origin 9-Radiation free certificate 10-Insurance certificate NOTE: the seller will not provide past documents sgs, bill of lading (bl), proof of product (pop) and proforma invoice, only pop and sgs inspection issued bank to bank only, to guarantee quality, quantity, specifications
5 and product. All the documentation is sent by the seller s bank to the buyer s bank only at the time specified in procedures. If your interest in these prices and procedures, please return this document, with rwa signed and stamped, the value of a month contract, on letterhead, signed by the end buyer, without changing procedures. The market prices for commodities and products commercialized by the seller are subject to change without notice. CONFIDENTIALITY NOTICE This message and any attachments possible for it are confidential and intended solely for the addressees of the same. If by mistake you are not one of those recipients, please notify this fact and delete the message from your system. Distribution, publication or disclosure of its contents to others without the prior written consent of ADVANTAGE TRADE is prohibited; Otherwise, it violates the rules, thank you. Best regards, Current Rank 1 (3) 2 (1) Previous Rank World Ranking: BANKS TOP 50 BANK Industrial & Commercial Bank of China Limited, Beijing, China Deutsche Bank AG, Frankfurt am Main, Germany Assets US$m + or - (local curr) Capital US$m Balance Sheet *2,815, % 56, *2,655, % 3, (2) BNP Paribas SA, Paris, France *2,517, % 35, (4) 5 (5) 6 (6) 7 (7) Crédit Agricole SA, Montrouge, France Barclays Bank PLC, London, UK JAPAN POST BANK Co Ltd, Tokyo, Japan China Construction Bank Corporation, Beijing, China *2,431, % 9, *2,420, % 23, ,362, % 42, *2,242, % 40, (8) Agricultural Bank of China *2,125, % 52,
6 9 (9) 10 (10) 11 (11) 12 (12) 13 (15) 14 (13) 15 (14) 16 (16) Limited, Beijing, China The Royal Bank of Scotland plc, Edinburgh, UK Bank of China Limited, Beijing, China The Bank of Tokyo-Mitsubishi UFJ Ltd, Tokyo, Japan JPMorgan Chase Bank National Association, New York, USA Banco Santander SA, Boadilla del Monte, Spain Sumitomo Mitsui Banking Corporation, Tokyo, Japan Société Générale, Paris La Défense, France Lloyds TSB Bank plc, London, UK *2,084, % 10, *2,034, % 44, ,948, % 20, *1,896, % 1, *1,675, % 6, *1,668, % 21, *1,650, % 1, *1,530, % 2, (17) BPCE, Paris, France *1,514, % 23, (18) 19 (19) Bank of America NA, Charlotte, USA UBS AG, Zürich, Switzerlandtd> *1,474, % 3, *1,375, % (20) HSBC Bank plc, London, UK *1,323, % 1, (21) Citibank NA, New York, USA *1,313, % (22) Wells Fargo Bank NA, San Francisco, USA *1,266, % (23) UniCredit SpA, Milan, Italy *1,223, % 25, (27) China Development Bank Corporation, Beijing, China *1,206, % 49,
7 25 (26) Crédit Agricole Corporate and Investment Bank, Paris La Défense, France *1,194, % 9, (24) 27 (28) 28 (25) ING Bank NV, Amsterdam, Netherlands Rabobank Nederland, Utrecht, Netherlands Credit Suisse AG, Zürich, Switzerland *1,103, % *993, % 10, *991, % 4, (30) Mizuho Bank Ltd, Tokyo, Japan 914, % 16, (31) 31 (32) 32 (33) 33 (34) 34 (35) 35 (36) 36 (37) 37 (41) 38 (38) 39 (39) Bank of Scotland plc, Edinburgh, UK Nordea Bank AB (publ), Stockholm, Sweden Intesa Sanpaolo SpA, Milan, Italy The Norinchukin Bank, Tokyo, Japan Bank of Communications Co Ltd, Shanghai, China Banco Bilbao Vizcaya Argentaria SA, Madrid, Spain Commerzbank AG, Frankfurt am Main, Germany Royal Bank of Canada, Montréal, Canada The Toronto-Dominion Bank, Toronto, Canada National Australia Bank Ltd, Melbourne, Australia *911, % 9, *894, % 5, *888, % 11, *872, % 41, *846, % 11, *841, % 3, *839, % 10, *824, % 19, *810, % 22, *790, % 23, (40) The Hongkong and Shanghai *782, % 7,
8 41 (42) 42 (43) Banking Corporation Limited, Hong Kong, Hong Kong Commonwealth Bank of Australia, Sydney, Australia Westpac Banking Corporation, Sydney, Australia *735, % 25, *698, % 27, (44) Natixis, Paris, France *697, % 6, (45) 45 (49) 46 (46) 47 (47) 48 (48) 49 (50) 50 (51) Credit Suisse International, London, UK Kreditanstalt fur Wiederaufbau (KfW), Frankfurt am Main, Germany The Bank of Nova Scotia, Toronto, Canada Australia and New Zealand Banking Group Limited, Docklands, Australia Postal Savings Bank of China Co Ltd, Beijing, China Standard Chartered PLC, London, UK National Westminster Bank Plc, London, UK *693, % 3, *675, % 4, *667, % 17, *664, % 24, , % 6, *636, % 1, *616, % 2, MATHEUS GOBET NUNES