Documents Attached:
IC 45 -SCO WIAG Group – 600 K to Victoria Choice
Background information:
I. BUYER Information:
The decades business relation with China exporting products to clients in that country have resulted in the diversification of products they sell to different clients there, being one of the products of Sugar.
In this regard, as I told you Victoria Choice “Parent Company” in Colombia have been exporting sugar for their mill in Columbia. However due to their limited production capacity they have been forced to start adding to their Colombian capacity, mills from Brazil that can fulfil the needs of their clients.
This is the reason that Victoria Choice, not is buying sugar in Brazil for export (by the way not only to China) is what triggered the establishment of an office in Brazil that among other things supervises their sugar purchasing in situo.
II. SUGAR Need:
Purchase Sugar for a client in China:
Buyer: USA based company in Texas – Victoria Choice
Commodity: Icumsa 45 – White Crystal Sugar.
Volume requested of each buyer per year:
CHINA: 600,000 MT per year.
Annual contract of 50 MT per month
Delivery: CHINA – Port of Qingdao (Quindao)
Prices CIF offered:
CHINA: USD $ 370 CIF per MT
