​Brazilian ICUMSA 45 sugar is only produced in large quantities after confirmed sales. In the Brazilian domestic market, only industries use this type of sugar. Recently, Brazil ICUMSA 45 sugar was introduced in the domestic market with the denomination ” Top Quality,” with Brazilian sugar Manufacturers producing and exporting.
Brazil refined ICUMSA 45. Manufactured in large quantities, stored in ports or warehouses, do not exist.
Sugar stored in large quantities only is Raw sugar, Crystal sugar ICUMSA 100 and 150.

ICUMSA 45 sugar

Out of the 38 million tons of sugar produced in Brazil by 2009, only 4.5 million tons were ICUMSA 45.
Brazil Sugar Export – 2009
Raw Sugar (VHP) 71%
Refined Crystal Sugar ICUMSA 100-150 19%
Refined sugar ICUMSA 45 “Top quality” 8%
Others 2%

The issue of logistics is also complex.

Currently the ports of Santos and Paranagua, many ships are waiting for berths, and the consequences for all warehouses are completely blended.
The cost of storing Brazil Icumsa 45 sugar produced, bagged, and stored in the port is very high, which makes it unfeasible.
Therefore, the refining, storage, and bagging for shipment can only be achieved after the sale is effective.
The average delivery time of sugar at the port ready for shipment can be 30-45 days, depending on the refining, transportation to the port of load, and delay in berthing of vessels.

Past Performance and Proof of Products

Eliora Internacional Ltda. does not provide a history of past transactions, as this is against the law and contract rules established between seller and buyer, the NCNDA of ICC—the non-circumvention non-disclosure agreement of the International Chamber of Commerce.
Many documents are used fraudulently, so we can not report past performance nor provide a copy of SGS inspection, certificates of origin, or other documents.
We had many problems with documents used illegally by companies/brokers who are acting in the international sugar market on our behalf without our permission.
Eliora Internacional Ltda. does not provide proof of product anytime before contract signature and bank-to-bank SWIFT with proof of funds.
Please do not insist, as we understand any communication that is not bank-to-bank has no value either for us or for the buyer.
It is very easy to issue a “fake” proof of product without bank-to-bank communication, so we don’t do it.
Sugar is available in containers, Breakbulk in bags, and Bulk vessels:

Sugar in containers 20 ´
Icumsa. 45 – 100 – 150
Max. 26 m/tons
package: Poly bags 50 kilos
520 poly bags per unit
Raw sugar in containers 20´
Only in big bags 1 m/ton or 2 m/tons
Max. weight 20 m/tons with 20 big bags per unit
Prices C&F or CIF depending on quantity and destination.
Sugar Icumsa 45 – 100 and 150
In a break-bulk vessel
Package: polybags 50 kilos
Vessel Qty:
12.500 m/tons
25.000. m/tons
50.000. m/tons
Raw sugar – Icumsa 800 – 1200
Bulk cargo
Only in a bulk vessel
Vessel Qty.
12.500 m/tons
25.00. m/tons
50.000 m/tons

Procedures for Sugar Spot:

– Buyer issues ICPO and BCL (ICPO endorsed by a bank officer)
– Seller approves the ICPO and sends the Draft Contract
– Buyer // Seller sign the Contract
– Buyer opens a non-operative SBLC or MT 103 to the seller’s bank
– The seller issues a POP to turn the financial instrument operational
– Shipments start as per contract terms.

Procedures for Sugar Contracts:

– Buyer issues LOI and BCL
– Seller issues FCO
– Buyer returns FCO signed/stamped
– Seller approves and sends the Draft Contract
– Buyer // Seller sign the Contract
– Buyer opens a non-operative BG or SBLC to the seller’s bank
– Seller issues Performance Bond Guarantee 2% and POP to turn the financial instrument
– Shipments start as per contract terms.

SGS INSPECTION:

SGS is the world’s leading inspection, verification, testing, and certification company. SGS is recognized as the global benchmark for quality and integrity.