ICPO and BCL document templates
To begin the purchase process Buyer needs to issue an ICPO (Irrevocable Corporate Purchase Order) which includes authorization for the Seller to do a bank soft probe. Buyer also needs to provide a BCL (Bank Comfort Letter). Examples of both required documents can be downloaded here:
ICPO (download)
BCL (download)
After you complete these documents, please first send [...]
Soft Offer for Brazilian Sugar Icumsa 45
SOFT OFFER FOR BRAZILIAN SUGAR ICUMSA 45
ON BEHALF OF THE SELLER, WHOM WE REPRESENT, OUR COMPANY RAW POLYMERS LTD. HEREBY STATES THAT SUBJECT TO A PURCHASE AND SALE AGREEMENT BEING FULLY EXECUTED, WE ARE PREPARED TO SELL REFINED CANE SUGAR AS PER THE SPECIFICATIONS AND UNDER THE TERMS AND CONDITIONS STATED HEREIN.
SPECIFICATION:
COMMODITY: REFINED CANE SUGAR [...]
Top 10 Sugar Producers
Top 10 World Sugar Producers
Each year a handful of countries compete to be the world’s biggest sugar producer, and in the past few years competition has been getting intense between Brazil and India, as India’s sugar production has grown in leaps and bounds and challenged Brazil’s domination of the world sugar market. Most sugar producing [...]
Sugar Production In Brazil
Sugar Production In Brazil
The greatest sugar producing nation in the world, Brazil is expected to produce over 32 million tons of sugar in the 2007/2008 period. Sugar production in Brazil has been consistently high for many decades, and has gone from strength to strength. Though production briefly faltered in the early 2000’s, Brazilian sugar production [...]
Brazilian Sugar
The largest sugar producing country in the world, Brazil currently produces around forty percent of the world’s exported sugar. Because of its agricultural prowess, Brazil has managed to carve out a world leader status in sugar and sugar cane, and its product is in high demand around the globe.
Brazil grows so much sugar cane that [...]
International Trading Terms (Definitions)
When trading internationally, there are many acronyms which feature in contracts, reports, orders, and descriptions. This document outlines commonly used terms and acronyms in international training.
AMEX – Amex is one of the three largest stock exchanges in the United States. Founded in 1842, it trades mostly mid size and small companies.
ASWP – An acronym which [...]
Icumsa ratings
When purchasing sugar, the first and perhaps most essential system one must learn is the ICUMSA Ratings System. Overseen by the International Commission For Uniform Methods Of Sugar Analysis, ICUMSA Ratings are standardized ratings that enable traders from all over the globe to accurately describe the quality of their produce.
Based on a colormetric assessment, ICUMSA [...]