México, July 15, 2022

Sichuan Benhu International Trade Co. Ltd

Add: No.1-6-1, Building 6 No.37, Shuinianhe South Street, Jinjiang District,
Chengdu City, Sichuan Province, China
USCI Code: 91510104MAACGFHW4A
Tel: +86-28-65293382 / +86-13696035189
E-mail: 2111730161@qq.com

PRESENT

Cordial greetings, in response to your order request, I present the following quotation

PRODUCT ICUMSA 45 SUGAR

ORIGIN BRAZIL
LENGTH OF CONTRACT TRIAL ORDER: 25.000 MT with a contract
exemption of 25.000 MT per month x 12 months.
The price offered in this SCO is approved if the
annual contract is signed; if the contract is
rejected, it will be re-quoted and the SPOT
price corresponding to the date requested by
the supplier will be applied.
PRICE SBLC TRIAL ORDER: 25.000 MT SBLC 2%
PERFORMANCE BOND $ 320 .00 USD MT
ANNUAL ORDER: 25.000MT per month x 12
months SBLC 2% PERFORMANCE BOND $ 320 .00
USD MT
SBLC PAYMENT TERMS: PAYMENT TERMS: SBLC MT760 AS COLLATERAL FOR
12 MONTHS AND 1 DAY (OPERATIVE FINANCED FOR
1 MONTH) AND MT103 EACH SHIPMENT AGAINST
SHIPPING DOCUMENTS.
IRREVOCABLE, TRANSFERABLE, DIVISIBLE,
REVOLVING AND OPERATIVE.
PAYMENT ON DEMAND 100% AGAINST SHIPPING
DOCUMENTS, BANK-TO-BANK TRANSACTION.
PRICE DLC TRIAL ORDER: 25.000 MT DLC NO PERFORMANCE
BOND $ 330.00 USD MT
ANNUAL ORDER: 25.000MT per month x 12
months DLC NO PERFORMANCE BOND $ 330.00 USD
MT
DLC PAYMENT TERMS: DLC MT103 - IRREVOCABLE, TRANSFERABLE,
DIVISIBLE, REVOLVING AND OPERATIVE PAYMENT
AT SIGHT AGAINST SGS REPORT AND SHIPPING
DOCUMENTS. TRANSACTION ON A BANK-TO-BANK
BASIS.
ANNUAL QUANTITY 13 months x 25.000= 325.000 MT
TERMS Incoterms: CIF CHINA MAIN PORTS/ Tianjin or
Shanghai
INSPECTION S.G.S. or similar inspection at loading port
PACKAGING BAGS OF 50 KG EACH; bags of 100% virgin
polypropylene fabric compound reinforced with
titanium dioxide and carbonate to impart dimensional
stability, protection against photodegradation and
colour.
COMMISSION $ 2.00 US DOLLAR PER METRIC TON

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 APPEARANCE REQUERIMENT
Polarization: 99.80% minimum.
Moisture content: 0.04% maximum
Sulphate ash content: 0.04% maximum
Granulation: medium to fine grain
Solubility: 100% dry and free flowing
Colour: foamy white.
Sediment: none
Odor: no Odor
Crops: last.
Reducing sugar: 0.05% maximum by weight
SO2: 70 mg/kg maximum
Substance: solid, crystal
Magnetic particles: 4 mg/kg maximum
MAX AS: 1 ppm
MAX PS: 2 ppm MAX CU: 3 ppm
Type: refined sugar

PROCEDURES PAYMENTS WITH SBLC

Contract duration: 12 months
Delivery: CIF ASWP PERFORMANCE BOND 2%.
METHOD OF PAYMENT: Contract - Delivery shipments will commence upon receipt and confirmation
of the IRREVOCABLE, TRANSFERABLE, RENEWABLE, DIVISIBLE AND RECEIPT AND
CONFIRMATION OF THE IRREVOCABLE, TRANSFERABLE, RENEWABLE, DIVISIBLE AND
OPERATIVE STANDBY LETTER OF CREDIT (SBLC), confirmed or issued by a Top 25 banks for the value
of the first shipment activated each delivery for the duration of the entire contract period. Payment at sight for
each shipment as per commercial invoice against B/L and bank to bank shipping documents and product loaded
on the vessel.

PROCEDURE - CIF payment on demand

1. BUYER ISSUES ICPO INCLUDING FULL BANKING DETAILS, TOGETHER WITH A RWA OR
BCL FROM BUYER'S BANK CONFIRMING FINANCIAL CAPACITY FOR THIS TRANSACTION.

SELLER COMPANY: BROKER INTERNACIONAL DE NEGOCIOS

REPRESENTED BY: MR. JAIME VASQUEZ GOMEZ

2. SELLER'S REPRESENTATIVE RECEIVES ICPO AND ON BEHALF OF THE SUPPLIER ISSUES FCO AND A COPY
OF THE COMMITMENT AND PERFORMANCE AGREEMENT (CCA) FOR BUYER'S ACCEPTANCE AND SIGNATURE.
3. AFTER RECEIVING FCO AND CCA DULY SIGNED, SELLER ISSUES DRAFT CONTRACT (SPA) TO BUYER FOR
EVALUATION AND CORRECTION IF REQUIRED.
4. SELLER VALIDATES MODIFICATIONS PROPOSED BY BUYER.
5. THE SELLER SIGNS THE FINAL CONTRACT AND SENDS IT BY EMAIL TO THE BUYER IN PDF FORMAT
TOGETHER WITH THE PROFORMA INVOICE - THE BUYER SIGNS AND RETURNS THE PROFORMA INVOICE TO THE
SELLER.
6. BUYER AND SELLER DEPOSIT A COPY OF THE CONTRACT (SPA) IN THEIR RESPECTIVE BANKS.

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7. WITHIN FIVE (5) DAYS, THE BUYER'S BANK ISSUES AN IRREVOCABLE, TRANSFERABLE, DIVISIBLE,
REVOLVING, REVOLVING, OPERATING AND CONFIRMED REVOCABLE LETTER OF CREDIT (SBLC) (BANK TOP 25)
FOR THE VALUE OF THE FIRST LIFT FOR THE VALUE OF THE 12 MONTH CONTRACT TO THE SELLER'S BANK.
8. THE SELLER ISSUES PROOF OF PROCEEDS (POP) TO THE BUYER'S BANK AFTER THE SELLER'S BANK
CONFIRMS THE OPERATING SBLC.
9. THE SELLER ISSUES A 2% PERFORMANCE BOND (PB) AFTER THE SELLER'S BANK CONFIRMS THAT THE
SBLC IS OPERATIONAL. The 2% PB is issued to offset the bank charges incurred by the issuance of the SBLC in the
event the seller defaults on the obligations. This PB is not a guarantee for the value of the cargo declared on the
SBLC. The 2% PB is issued only to cover the bank charges, letter, interest, etc. for the purchase presented to the
bank.
10. THE SELLER ARRANGES THE PRODUCT FOR DELIVERY.
11. THE BUYER OR HIS REPRESENTATIVE THROUGH A CERTIFIED COMPANY IS AUTHORIZED TO VERIFY THE
QUALITY AND QUANTITY OF THE PRODUCT BEFORE LOADING AT THE PORT OF LOADING (The inspection agency
must be internationally recognized and accepted by the seller).
12. SELLER DELIVERS PRODUCT TO VESSEL; SGS PERFORMS INSPECTION (COSTS TO BE BORNE BY SELLER).
13. AFTER SUCCESSFUL INSPECTION AND BUYER'S ACCEPTANCE, BUYER'S BANK ISSUES 100% FIRST
RELEASE PAYMENT FOR THE FULL VALUE OF THE PRODUCT (LOADED ON THE VESSEL) TO SELLER'S BANK
ACCOUNT. THE SELLER THEN TRANSFERS THE CERTIFICATE OF TITLE TO THE BUYER'S NAME AND SHIPPING
DOCUMENTATION. WITH THE SBLC IN PLACE, THE CONTRACT CONTINUES AFTER PAYMENT OF THE FIRST LIFT
TO THE SELLER'S BANK, AND DELIVERY BEGINS ACCORDING TO THE DELIVERY SCHEDULE. THE SELLER IS
RESPONSIBLE FOR CUSTOMS CLEARANCE AT THE PORT OF LOADING AND ISSUANCE OF EXPORT DOCUMENTS,
AND THE BUYER IS RESPONSIBLE FOR CUSTOMS CLEARANCE COSTS AT THE PORT OF DESTINATION.
14. THE SELLER ISSUES PAYMENT OF PROFESSIONAL FEES TO THE FACILITATORS.
15. SHIPMENTS ARE INITIATED.
16. UPON ARRIVAL AT PORT OF DISCHARGE, BUYER PERFORMS SGS INSPECTION TEST OR SIMILAR (AT
BUYER'S COST), BUYER CONFIRMS ACCEPTANCE OF GOODS.
17. MONTHLY DELIVERIES CONTINUE ACCORDING TO THE LOGISTICS AGREED IN THE CONTRACT.
18. VISIT TO THE SILO STORAGE PLACE IS NOT ALLOWED TO THE BUYER OR HIS REPRESENTATIVE.

SHIPPING DOCUMENTS

1. SIGNED COMMERCIAL INVOICE, THREE 3/3 COPIES INCLUDING CONTRACT NUMBER, DESCRIPTION OF GOODS,
UNIT PRICE AND TOTAL VALUE, GROSS/NET WEIGHT AND SHIPPING TERMS (CIF).
2. SHIPPING DOCUMENT (B/L), THREE 3/3 COPIES, MARKED FREIGHT PREPAID.
3. 110% INSURANCE POLICY
4. CERTIFICATE OF QUALITY AND QUANTITY (Q&Q), THREE 3/3 COPIES ISSUED BY SGS OR SIMILAR.
5. CERTIFICATE OF ORIGIN, THREE 3/3 COPIES
6. PACKING LIST OF SHIPPING QUANTITY (+/- 5%). NOT TO BE DELIVERED TO A THIRD PARTY WITHOUT
THE CORRESPONDING AUTHORIZATION.
7. PHYTOSANITARY CERTIFICATE, THREE 3/3 COPIES
8. COVID TEST CERTIFICATE INDICATING THAT THE PRODUCT IS 100% FREE OF CORONAVIRUS.
9. RADIATION LEVEL CERTIFICATE ISSUED OR CERTIFIED BY SGS.
10. STATEMENT FROM THE SHIPPING COMPANY CONFIRMING THAT THE AGE OF THE VESSEL DOES NOT
EXCEED TWENTY (20) YEARS AND THE VESSEL IS REGISTERED UNDER THE LLOYDS REGISTRY OR OTHER
CLASSIFICATION AGENCY.

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PAYMENTS WITH DLC

Contract duration: 12 months

Delivery: CIF ASWP No performance bond
METHOD OF PAYMENT: Contract - DELIVERY SHIPMENTS WILL COMMENCE UPON RECEIPT AND
CONFIRMATION OF THE IRREVOCABLE, TRANSFERABLE, RENEWABLE, DIVISIBLE AND RECEIPT
AND CONFIRMATION OF THE IRREVOCABLE, TRANSFERABLE, RENEWABLE, DIVISIBLE AND
OPERATIVE LETTER OF CREDIT (DLC) confirmed or issued by a Top 25 banks for the value of the first
shipment activated each delivery for the duration of the entire contract period. Payment on demand for each
shipment as per commercial invoice against B/L and bank to bank shipping documents and product loaded on the
vessel.

PROCEDURE - CIF payment on demand

1. BUYER ISSUES LOI or ICPO INCLUDING FULL BANKING DETAILS, TOGETHER WITH A RWA OR BCL FROM
BUYER'S BANK CONFIRMING FINANCIAL CAPACITY FOR THIS TRANSACTION.

SELLER COMPANY: BROKER INTERNACIONAL DE NEGOCIOS

REPRESENTED BY: MR. JAIME VASQUEZ GOMEZ

2. SELLER'S REPRESENTATIVE RECEIVES ICPO AND ON BEHALF OF THE SUPPLIER ISSUES FCO AND A COPY OF
THE COMMITMENT AND PERFORMANCE AGREEMENT (CCA) FOR ACCEPTANCE AND SIGNATURE BY THE BUYER.
3. AFTER RECEIVING FCO AND CCA DULY SIGNED, THE SELLER ISSUES THE DRAFT CONTRACT (SPA) TO THE
BUYER FOR EVALUATION AND CORRECTION IF REQUIRED.
4. THE SELLER VALIDATES THE MODIFICATIONS PROPOSED BY THE BUYER.
5. THE SELLER SIGNS THE FINAL CONTRACT AND SENDS IT BY EMAIL TO THE BUYER IN PDF FORMAT
TOGETHER WITH THE PROFORMA INVOICE - THE BUYER SIGNS AND RETURNS THE PROFORMA INVOICE TO
THE SELLER.
6. BUYER AND SELLER DEPOSIT A COPY OF THE CONTRACT (SPA) WITH THEIR RESPECTIVE BANKS.
7. WITHIN FIVE (5) DAYS, THE BUYER'S BANK ISSUES AN IRREVOCABLE, TRANSFERABLE, DIVISIBLE,
REVOLVING, OPERATING AND CONFIRMED LETTER OF CREDIT (DLC) (TOP 25 BANK) FOR THE VALUE OF THE
FIRST LIFT FOR THE VALUE OF THE 12 MONTH CONTRACT TO THE SELLER'S BANK.
8. THE SELLER ISSUES PROOF OF PROCEEDS (POP) TO THE BUYER'S BANK AFTER THE SELLER'S BANK
CONFIRMS THE OPERATING DLC.
9. THE SELLER ARRANGES THE PRODUCT FOR DELIVERY.
10. THE BUYER OR HIS REPRESENTATIVE THROUGH A CERTIFIED COMPANY IS AUTHORISED TO VERIFY THE
QUALITY AND QUANTITY OF THE PRODUCT BEFORE LOADING AT THE PORT OF LOADING (The inspection
agency must be internationally recognised and accepted by the seller).
11. SELLER DELIVERS THE PRODUCT TO THE SHIP; SGS CARRIES OUT THE INSPECTION (COSTS TO BE BORNE
BY THE SELLER).
12. AFTER SUCCESSFUL INSPECTION AND BUYER'S ACCEPTANCE, BUYER'S BANK ISSUES 100% FIRST RELEASE
PAYMENT FOR THE FULL VALUE OF THE PRODUCT (LOADED ON THE SHIP) TO THE SELLER'S BANK ACCOUNT.
THE SELLER THEN TRANSFERS TITLE TO THE CERTIFICATE OF TITLE IN THE BUYER'S NAME AND SHIPPING
DOCUMENTATION. WITH THE DLC IN PLACE, THE CONTRACT CONTINUES AFTER
THE PAYMENT OF THE FIRST RELEASE TO THE SELLER'S BANK, AND DELIVERY COMMENCES ACCORDING TO
THE DELIVERY SCHEDULE. THE SELLER IS RESPONSIBLE FOR CUSTOMS CLEARANCE AT THE PORT OF LOADING
AND FOR ISSUING EXPORT DOCUMENTS, AND THE BUYER IS RESPONSIBLE FOR CUSTOMS CLEARANCE COSTS
AT THE PORT OF DESTINATION.
13. THE SELLER ISSUES PAYMENT OF PROFESSIONAL FEES TO THE FACILITATORS.
14. SHIPMENTS ARE INITIATED.

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 15. ON ARRIVAL AT PORT OF DISCHARGE, BUYER PERFORMS SGS OR SIMILAR INSPECTION TEST (AT BUYER'S
COST), BUYER CONFIRMS ACCEPTANCE OF GOODS.
16. MONTHLY DELIVERIES CONTINUE ACCORDING TO CONTRACTUALLY AGREED LOGISTICS.
17. VISIT TO THE SILO STORAGE PLACE IS NOT ALLOWED TO THE BUYER OR HIS REPRESENTATIVE.

SHIPPING DOCUMENTS

1. SIGNED COMMERCIAL INVOICE, THREE 3/3 COPIES INCLUDING CONTRACT NUMBER, DESCRIPTION OF THE
GOODS, UNIT PRICE AND TOTAL VALUE, GROSS / NET WEIGHT AND SHIPPING TERMS (CIF).
2. SHIPPING DOCUMENT (B/L), THREE 3/3 COPIES, MARKED FREIGHT PREPAID.
3. 110% INSURANCE POLICY
4. QUALITY AND QUANTITY CERTIFICATE (Q&Q) THREE 3/3 COPIES ISSUED BY SGS OR SIMILAR
5. CERTIFICATE OF ORIGIN, THREE 3/3 COPIES
6. PACKING LIST OF SHIPPING QUANTITY (+/- 5%). NOT TO BE DELIVERED TO A THIRD PARTY WITHOUT THE
CORRESPONDING AUTHORISATION.
7. PHYTOSANITARY CERTIFICATE, THREE 3/3 COPIES
8. COVID TEST CERTIFICATE STATING THAT THE PRODUCT IS 100% FREE OF CORONAVIRUS.
9. RADIATION LEVEL CERTIFICATE ISSUED OR CERTIFIED BY SGS
10. STATEMENT FROM THE SHIPPING COMPANY CONFIRMING THAT THE AGE OF THE VESSEL DOES NOT EXCEED
TWENTY (20) YEARS AND THE VESSEL IS REGISTERED UNDER LLOYDS OR OTHER CLASSIFICATION AGENCY.

ATTENTION

❖ Procedures must be followed for trading to proceed.

❖ We do not send BL or other certificates of inspection of shipment from previous customers.
❖ We do not send physical samples
❖ We do not send photographs or videos to avoid extortion.
❖ We remind you that the letter of credit is a secure way for both buyer and seller, we do not
involve payments before the product is shipped and documentation is sent.

Mr. Alejandro Elbjorn Daza

CEO BROKER INTERNACIONAL DE NEGOCIOS MEXICO