- Product Details
ICUMSA 45 REFINED SUGAR GLUCOSE MIX
BRAZILIAN ICUMSA 45 WHITE REFINED SUGAR
ICUMSA 45 Refined Sugar Glucose Mix SPECIFICATIONS
89% Refined Sugar ICUMSA 45 and 11% glucose mix
Product specifications:
89% Sugar (standard ICUMSA 45 refined white granulated sugar, international standard specifications) 89%
Purity: ≥99.8%
Ash content: ≤0.04 (under dry conditions)
Color value: 45 RBU
Moisture: ≤0.04
Sulfur dioxide: 20 mg/kg
Degree of crushing: Medium(0.45mm-1.25mm)
Solubility: 100% dry, freely soluble 100%
Radiation: International certification
Color: crystal white, the largest 45 ICUMSA attenuation index unit
Sediment: None
Odor: no peculiar smell
Magnetic particles: 4MP/K
Reducing sugar: 0.05% of maximum weight 0.05%
Maximum AS: 1 pm
Maximum PB: 2 pm
Maximum CU: 3 pm
Substance: solid crystal new crop
11% glucose（Food-Grade, anhydrous glucose, powder or crystal, 11%
Condition: The crystalline powder has no impurities, Odorless white
Grade: 99.5% of premium grade
Specific rotation: 52.0-53.0
Moisture≤2.0
PH value: 4.0-6.5
Chloride ≤0.01
Sulfuric acid ash content ≤0.25
Sugar and Glucose Blend (sugar 89%, glucose 11%) relies on the mixer to rotate in the mixing tank to repeatedly stir the two products. In the processing and production, the powder and solid particles are fully mixed. The product is a mixture of sucrose and glucose. According to the general classification rules 1 and 6, the product should be classified under tariff number 1702.90.12
Harmonized Tariff Schedule 1702.90
Alternative Product
Milk Tea Premixed Sugar Base Material
Specifications:
Milk tea ready-mixed sugar base (sugar 88%, glucose 12%) relies on the mixer to rotate in the mixing tank to repeatedly stir the two products. In the processing and production, the powder and solid particles are fully mixed. They are for milk teas and cakes. The product used as a seasoning material is a mixture of sucrose and glucose. According to the general classification rules 1 and 6, the product should be classified under tariff number 1702.90.12
Quality: Standard Export Quality,
Process: Dried Inspection: SGS or CCIC at loading port.
Insurance: 110% to be covered by the seller.
Performance Bond: 2%
ICUMSA 45 Refined Sugar Glucose Mix TEST RESULT
BRAZILIAN ICUMSA 45 WHITE REFINED SUGAR TRADING
ICUMSA 45 -100 Pricing Depends on Quantity and Payment Terms
BRAZILIAN ICUMSA 45 WHITE REFINED SUGAR SPECIFICATIONS
REFINED WHITE CANE SUGAR
GRADE “A”
ICUMSA 45 RBU
SHIPPING PORT: ANY AVAILABLE PORT, BRAZIL
SPECIFICATIONS: WHITE REFINED SUGAR
• POLARIZATION: 99.8%
• MOISTURE: ≤0.04
• ASH CONTENT: ≤0.04 (UNDER DRY
• CONDITIONS) SOLUBILITY: 100% DRY, FREELY
• SOLUBLE RADIATION: INTERNATIONAL
• CERTIFICATION MAGNETIC PARTICLES: 4MP/K
• COLOR VALUE: CRYSTAL WHITE, THE LARGEST 45 ICUMSA ATTENUATION INDEX UNIT
• TABLE GRADE: STANDARD
• GRANULATION: MEDIUM GRAIN: 0.45MM - 1.25MM
• SULFUR DIOXIDE: 20 MG/KG
• SEDIMENT: NONE
• ODOR: NO PECULIAR SMELL
• MAGNETIC PARTICLES: 4MP/K
• REDUCING SUGAR: 0.05% OF MAXIMUM
• WEIGHT MAXIMUM AS: 1 PM
• MAXIMUM PB: 2 PM
• MAXIMUM CU: 3 PM
• SUBSTANCE: SOLID CRYSTAL
• CROP: NEW CROP
SINGAPORE TRADER ICUMSA45 SUGAR TRADING SOP
Brazil Sugar (ICUMSA 45) Panama sea route TO CHINA Ports
Price: MT
MOQ: 50,000MT
CIF ASWP
SUGAR TRADING SOP:
1. The Buyer issues ICPO and CIS
2. Seller Due Diligence on Buyer and send Sales and Purchase (SPA) Contract to the Buyer within 3 days .
Normally before SPA, Seller will request info from Buyer. Buyer worries about seller, Seller also worries on Buyer whether:
a. Whether Buyer Can make payment on time.
b. Whether Buyer has the qualifications and Tariff Quota to import the product into China
3. The Buyer sign and seal the SPA contract within 3 days and shall e-mail it back to the seller (e-mail copies have full legal rights)
4. The Seller sign the SPA contract and email back to the Buyer.
5. Following signing of the SPA contract, A Draft LC at Sight/ DLC will be issued by the buyer (Bank to Bank) within 5 working days from the date of SPA submitted.
6. Seller issues Non-operative Performance Bond with POP (Bank to Bank) after confirmed receiving draft LC from buyer’s bank.
7. Buyer’s bank confirm with the active Letter of Credit to Seller’s bank in accordance with the verbiage with a Top 25 designated reimbursement bank. Payment at sight against all documents at PORT OF LOADING.
8. Seller activate 2% Performance Bond to the Buyer after confirm the active LC.
9. The first shipment will start within the days agreed, after issuance, verification and acceptance of Buyer’s confirmed financial instrument at Seller’s bank.
10. Buyer is allowed to assign their own team and hire their own SGS team for inspection.
11. LC at Sight payment against all documents at PORT OF LOADING.
After arrival of vessel --> CCIC/CIQ --> Payment --> Customs Clearance
Normally before signing contract, Seller will request Buyer qualification to ensure Buyer can import the products. Seller do not wish to have issues whereby CIQ failed and both parties bear the loss.
12. Upon received payment from the buyer, seller release commission to all brokers/intermediaries according to the signed IMFPA/ Fees Agreement.
SUGAR TRADE
- Brasil Sugar Production In 2020-2021 Is Expected To Be Around 650 MILLION Metric Tons.
- Brasil Sugar Production In 2019-2020 Was Around 647 MILLION Metric Tons.
- Thailand cane production for MR 2021-22 at 95 million mt and sugar production at 10.5 million mt.
- Thailand's MR 2021-22 sugar exports are forecast to rise by 3.8 million mt to 7.5 million mt.
- India sugar production amounted to over 35 million metric tons in 2022/2023. The sugar production volume has been fluctuating in the past few years. Over 29 million metric tons of sugar was consumed that year domestically.
India Sugar Production Volumes.
India Sugar Mills Association.
- Paraguay sugar cane production was 7.22 million tonnes in 2021. Sugar cane production of Paraguay increased from 1.04 million tonnes in 1972 to 7.22 million tonnes in 2021 growing at an average annual rate of 4.87%.
- Uruguay sugar cane production in 2021 was 457,000 tonnes. Though Uruguay sugar cane production fluctuated substantially in recent years, it tended to decrease through 1972 - 2021 period ending at 457,000 tonnes in 2021.
Mills/Refineries only produce sugar based on executed Sales and Purchase Agreements to maintain the lowest possible price and high quality. Large stockpiles are rarely ever produced and warehoused due to the high cost and even greater chance of contamination.
CHINA AQSIQ Association
General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China (AQSIQ) is a ministerial, administrative organ directly under the State Council of the People’s Republic of China in charge of national quality, metrology,commodity inspection, entry-exit health quarantine, entry-exit animal and plant quarantine, import-export Food safety, certification and accreditation, standardization, as well as administrative law-enforcement.
https://www.aqsiq.net/application/food-register
China sets 2022 sugar import quota at 1.945 mln tonnes - china commerce ministry. Quota volumes are assessed at a lower import tariff, and according to a notice on the Ministry of Commerce website, 70% of the quota will be allocated to state-owned firms.
China in May 2017 hit major exporting nations with hefty tariffs on sugar shipments after years of lobbying by domestic mills. Beijing started to levy extra tariffs on out-of-quota sugar imports from all origins last August.
China allows 1.94 million tonnes of sugar imports a year at a tariff of 15% as part of its commitments to the World Trade Organization. Out-of-quota imports are charged a higher tariff and need special permits.
Imports beyond 1.94 million tonnes attract a 50% levy. The 2017 ruling added an extra 45% duty to these imports in that fiscal year, taking the total to 95%. The rate fell to 90% 2018-2019 and 85% in 2019-2020.
DOCUMENTS
International Sugar Organization Daily Sugar Prices
China GACC Food Exporters Registered Number Search
2023 Sugar Tariff Rate Quota Application Roster
2023 Sugar Tariff Rate Quota Application Roster NS
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