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 …
Commodity Trading Manual for Intermediaries
Sell Sugar to Us
Sugar Suppliers can Sell Sugar to us We are always interested in buying White Refined Cane Sugar – Icumsa 45. All Suppliers capable to supply goods must regster their willingness to do so by filling in and returning the general “OTS” (Offer to Sel …
How to buy sugar from Brazil?
Buying Sugar from Brazil 20 years ago if a buyer wanted to purchase sugar from Brazil, he had to deal with one central selling agency. Now he can buy directly from the Brazilian sugar mills or even foreign companies (investment funds) who own large suga …
Sugar Trading Terms
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 …
Letter Of Credit
Letter Of Credit The safest and most common form of payment in international sugar trading, letters of credit provide a means of payment which extends the maximum possible amount of protection to both buyer and seller. A letter of credit provides assuranc …