icumsa 45

Sugar is a highly popular food and drink ingredient. Raw sugar is derived from the juice extracted from sugarcane, before being refined into other products. Bagasse, a by-product of sugar production, and ethanol also provide fuel to generate power, particularly in Brazil. Global sugar consumption is expected to grow steadily, driven by increasing demand and changing dietary patterns.

As the world’s largest producer of sugar (25% of global production) and ethanol, Brazil plays a fundamental role in the global market, with a significant portion of sugarcane used for biofuel production. As demand for biofuels and renewable energy rises, the country’s integrated sugarcane sector is expected to expand, contributing significantly to the global energy transition. 

Paras Trading is dealing with the largest sugar and ethanol producers in Brazil. We source sugarcane largely from São Paulo state, and the major port of export to global markets is Santos Port, Brazil. 
 
We trade sugar to USA, Canada, Middle East, South Asia and Southeast Asia.  
 
Our fully integrated logistics pipelines receive Icumsa 45 refined sugar from nearby plants and mills. These products are stored in warehousing  facility before being transported to port terminal in Santos, or other third-party port terminals. 

procedure

LOI, SCO, ICPO,  SPA draft,  SPA signature. 

The seller provides a template, the buyer’s bank issues a Draft MT 760/MT700 to the seller’s to review , the seller and his financial company certify the wording and sign 

The buyer (or financier) sends formal MT 799 to seller finance company , 

Buyer send MT700/760 after seller finance company confirm MT799 

All Instruments are to be sent to seller Financer and not the seller himself.

All banking instruments need to be transferable, divisible, irrevocable, confirmed, assignable and
issued by the top 50 banks of the world.

After the funds are in place, seller (or Financer) raises 2% PB, signs IMFPA etc. 

FOB Sale
Copies of documents and CI are received after shipment at the Brazilian port. Seller performs vessel loading but the freight and marine insurance is bought by the buyer. The buyer checks the products and documents at the loading port and confirms that there are no problems with the SGS/BOL and documents. The buyer releases the MT103 or DLC/LC/SBLC , and the seller changes all documents and writes the buyer’s name.

CIF Sale 
We ship the product directly to the port designated by the buyer, including freight and marine insurance paid upto the destination port. Copies of documents and CI are received after shipment at the Brazilian port. The buyer can check the product and documents at the loading port and confirms that there are no problems with the SGS/BOL and documents. The buyer releases the MT103 or DLC/LC/SBLC , and the seller changes all documents and writes the buyer’s name.

In case of payment at destination port, the buyer releases MT 103/ DLC/ LC/ SBLC after receipt of goods at destination port and SGS inspection. SGS inspection at the destination port is payable by the buyer. In such cases, buyer offers SBLC/DLC/LC for 2-3 months duration or for time sufficient enough to cover the duration of shipment and delivery at destination port.

After the payment is received by the seller, the seller pays the intermediaries, commission as per the IMFPA, within 48-72 hours.