Sugar Production

A giant in the world of sugar, Brazil is currently the largest sugar-producing nation in the world. In 2006 it produced thirty million tonnes of sugar, which made up 20% of the world’s total sugar production. Of those 30 million tonnes of sugar, Brazil exported 17.7 million tonnes of sugar to other nations, which comprised almost 40% of the sugar trade in the world that year. So powerful is Brazil when it comes to sugar that fluctuations of sugar production in Brazil alone can affect world sugar prices substantially, and should Brazil choose to do so, some say that it could be possible for Brazil to swamp the world market with cheap sugar. Though this is unlikely for many reasons, it has happened that in the past high levels of sugar production in Brazil resulted in a significant tumble in world sugar prices. In 2002, for instance, Brazil’s bumper sugar crop sent world prices plummeting to below five cents per pound.

Setting the standard against which other types of sugar are measured against, ICUMSA 45 sugar is the world’s leading consumer sugar. A highly refined sugar product, it is easily recognizable by its distinctive sparkling white color and pure sucrose taste. ICUMSA 45 is perpetually in high demand as it is the safest form of sugar, due to the fact that the refining process by which it is created removes the bacteria and contaminants often present in raw sugars which can pose a threat to human health.

But what does ‘ICUMSA 45′ actually mean? ICUMSA is an acronym for the International Commission For Uniform Methods Of Sugar Analysis, an international regulatory body which sets the standard for sugar analysis tests thereby creating a system that can be used anywhere on the globe to accurately and quickly describe the properties of sugar. This is an essential system due to the fact that the sugar trade is a global one, and often buyers and sellers will be operating in completely different parts of the world, not to mention sometimes contending with a language barrier which can complicate negotiations. The ICUMSA rating method allows a meaningful and accurate description of the product which can be easily understood by interested parties no matter where they come from.

SUGAR AVAILABLE IN CONTAINERS, BREAK BULK IN BAGS AND BULK.

Vessels: Sugar in containers 20
Icumsa 45 – 100 – 150
Max. 26 m/tons
package: Polybags 50 kilos
520 polybags per unit

Sugar Icumsa 45 – 100 and 150 In 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 bulk vessel
Vessel Qty:
12.500 m/tons
25.000 m/tons
50.000 m/tons

Raw sugar in containers 20
Only in big bags 1 m/ton or 2 m/tons
Max. wheight 20 m/tons with 20 big bags per unit

PRICES C&F OR CIF DEPENDING ON QUANTITY AND DESTINATION.

Procedures for Sugar Spot:
  • Buyer issues ICPO and BCL (ICPO endorsed by bank officer)

  • Seller approves ICPO and sends the Draft Contract

  • Buyer // Seller sign the Contract

  • Buyer opens non-operative SBLC or MT 103 to seller bank

  • Seller issues POP to turn operative the financial instrument

  • Shipments start as per contract terms.

Procedures for Sugar Spot:
  • 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 non-operative BG or SBLC to seller bank

  • Seller issues Performance Bond Guarantee 2% and POP to turn operative the financial instrument
    Shipments starts as per contract terms.

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