Icumsa 45

Commodity Trading Manual for Intermediaries

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In this industry there are hundreds of thousands of agents, brokers and re-sellers who are trading sugar (and other commodities like oil, cement, urea, iron ore, etc..) from their home. It’s safe to say that 99% of these traders will never achieve a sign …

Trading Fraud

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Winning The War Against Fraud By Andrej Lavrenc – Independent commodity sourcing agent, and CEO of Raw Polymers Ltd. Win The War Against Fraud Buyers, sellers and brokers all share a common enemy: the scammer. With each passing year, scammers  …

Frequently Asked Questions

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How Can I Obtain A Soft Quote? A soft quote can be obtained by contacting us and outlining the details of your desired order. We will need information pertaining to the quantity of sugar required, the type of sugar required, the grade of sugar require …

Sugar Trading Myths

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There is a great deal of misinformation circulating regarding various elements of the sugar trading business. Some of these false facts have resulted from simple misunderstandings which have then been widely propagated , and other untruths have been delibe …

Sugar Trading Terms

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Trading Terms ASWP – This acronym stands for ‘Any Safe World Port’. It is quite common for sugar sellers to offer delivery to any safe world port of the buyer’s choice. BG – An acronym standing for ‘Bank Guarantee’, which is a financial instrumen …

Bank Guarantee

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Bank Guarantees Bank guarantees are commonly used financial instruments in the sugar industry. Primarily they are used to provide protection to the seller, and an assurance that no matter what happens on the buyer’s end, funds are in place and available t …