Posted On: 10/02/2016 8:29:05 AM
Post# of 22940
$TPAC$
Commodity Trade Agreements – SIGNED AGREEMENT
EIA Commodity Sugar Deal Structure Notes
Sugar is a sweet-flavored ingredient, used in many types of food and drinks around the world. Sugar can be found in almost every plant, but it can only be extracted, in an economically efficient manner, from sugarcane and sugar beet. This sweetener has become a preferred ingredient in almost every food product.
RE: Brazil Sugar Cane -- Icumsa 45
Transaction Code:
GSO_BI455_CH
Seller’s Code:
GSO_CH2012
Buyer’s Code:
GSO_BLCO_100493AM
EIA has secured first C.I.F. trade position for 300,000MT (first 90 days); second C.I.F. trade position for 900,000 MT (12 months contingent upon the performance of first trade position). This commodity trade agreement for Brazilian Icumsa 45 Sugar is made and entered into an execution on September 16th 2016 for the following commodities:
Commodity:
Sugar
Quantity:
300,000MT
Period:
90 Days
Location:
China
Financial
Financial Instrument Type:
IRDLC
Financial Validation Bank:
HSBC
Financial Revenue Gross:
$79.5M
Financial Monthly Drawdown
$26.5M (Figure Based on 3 Months of Shipments
Financial Revenue Per Shipment:
TO BE PUBLISHED IN NWE
Shipping Schedule
First Lift:
TO BE PUBLISHED IN NWE
Delivery:
27 Days on Open Sea
Commodity Trade Agreements – SIGNED AGREEMENT
EIA Commodity Sugar Deal Structure Notes
Sugar is a sweet-flavored ingredient, used in many types of food and drinks around the world. Sugar can be found in almost every plant, but it can only be extracted, in an economically efficient manner, from sugarcane and sugar beet. This sweetener has become a preferred ingredient in almost every food product.
RE: Brazil Sugar Cane -- Icumsa 45
Transaction Code:
GSO_BI455_CH
Seller’s Code:
GSO_CH2012
Buyer’s Code:
GSO_BLCO_100493AM
EIA has secured first C.I.F. trade position for 300,000MT (first 90 days); second C.I.F. trade position for 900,000 MT (12 months contingent upon the performance of first trade position). This commodity trade agreement for Brazilian Icumsa 45 Sugar is made and entered into an execution on September 16th 2016 for the following commodities:
Commodity:
Sugar
Quantity:
300,000MT
Period:
90 Days
Location:
China
Financial
Financial Instrument Type:
IRDLC
Financial Validation Bank:
HSBC
Financial Revenue Gross:
$79.5M
Financial Monthly Drawdown
$26.5M (Figure Based on 3 Months of Shipments
Financial Revenue Per Shipment:
TO BE PUBLISHED IN NWE
Shipping Schedule
First Lift:
TO BE PUBLISHED IN NWE
Delivery:
27 Days on Open Sea
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