sugar icumsa *5

RFQ Details

**Letter of Intent (LOI) - Refined White Cane Sugar ICUMSA 45**
**Date:** March 28, 2025
**Ref:** STRO

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**To:** Whom It May Concern
**Attn:** General Manager
**Via:** Mr. Adil Elbadwi

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We, **Selal General Trading LLC**, represented by **Mr. Mohammed Abdalla Osman** (as Buyer), hereby express our firm intent to purchase and resell **Refined White Cane Sugar ICUMSA 45** under the following terms:

### **Product & Quantity**
- **Commodity:** Refined White Cane Sugar ICUMSA 45
- **Quantity:** 100,000 MT x 12 months (1-year contract)
- **Origin:** Brazil
- **Packaging:** 50kg PP bags with PE liner + 2% spare bags

### **Pricing & Terms**
- **Price:** **$380/MT CIF Port Sudan, Sudan**
- **Shipping:**
- Seller covers all export costs
- Buyer covers all import costs
- **Incoterms:** INCOTERMS 2020
- **Destination:** Umgaser Port, Iraq

### **Inspection & Insurance**
- **Inspection:** SGS certification for quality/quantity
- **Insurance:** 110% of invoice value (All Risks + War Risk)

### **Payment & Documents**
- **Payment:** SBLC via bank-to-bank SWIFT
- **Documents:** Commercial Invoice, B/L, SGS Certificates, COO, etc.

### **Profit Sharing (JV Terms)**
- Buyer resells at **$500/MT**
- **$120/MT profit split:**
- Seller: $55
- Buyer: $55
- Intermediary (Mr. Adil): $10

**Signed,**
**Mohammed Abdalla Osman**
Chairman & Owner
Selal General Trading LLC

*(Formatted for clarity and conciseness while retaining all key commercial/legal terms.)*