Direct-producer ICUMSA 45 refined sugar loading from Thai ports at USD 680/MT FOB indicative, MOQ 10 × 20ft containers. Documented procedure — DLC MT700 at sight, MT799 pre-advice, verified producer FCO. Written for GCC importers routing cargo into Jebel Ali, Dammam, Sohar and Bahrain.
Brazilian NY11 Contract 11 quality standard applied to Thai-origin white refined sugar. Every parcel ships with SGS or Cotecna PSI at loadport and a certificate of origin. Bagging in new PP bags of 50 kg, palletised and shrink-wrapped for container loading.
Every ICUMSA 45 shipment from Thailand follows the same documentary sequence. Steps 1–3 happen before any bank instrument opens. Steps 4–7 clear the LC. Total time from signed SPA to loaded container: 21–28 working days.
Irrevocable Corporate Purchase Order on buyer letterhead. Names quantity, ICUMSA specification, discharge port, laycan, payment instrument. Signed and stamped.
Full Corporate Offer released to the buyer by the desk. Contains price, procedure, payment terms, PSI clause, packaging, delivery schedule.
Sale & Purchase Agreement drafted against Incoterms 2020 FOB. Signed by principals with buyer's bank details confirmed for LC issuance.
Buyer's bank issues MT799 pre-advice to seller's nominated bank confirming readiness and financial capacity. Non-operative but committing.
Documentary Letter of Credit issued at sight, confirmed by a bank acceptable to the seller. Fields 45A, 46A and 47A must mirror the SPA exactly.
Producer loads against the LC. Pre-shipment inspection by SGS or Cotecna at loadport — quality, quantity, packaging, container seal.
Full documentary set (Bill of Lading, SGS, COO, invoice, packing list, insurance) presented to the confirming bank. Payment released against clean docs.
Thailand is the world's second-largest sugar exporter after Brazil, with ~10 million MT of annual export capacity. For GCC importers, Thai origin has three concrete advantages this cycle: (1) freight is ~8–14 days shorter than Brazilian loadings, cutting demurrage risk; (2) Thai baht weakness against USD improves competitive FOB pricing; (3) the corridor into Jebel Ali, Dammam and Sohar clears within 3–5 days on standard MT700 confirmations because UAE and Saudi correspondent banks have deep Thai bank relationships. Vanguard routes every enquiry through a producer FCO — never a trading-house pass-through — so the buyer negotiates against real inventory, not a paper offer.
Indicative USD 680/MT FOB Thailand port as of September 2026. Prices move daily against the ICE #11 sugar futures and freight index — a firm quote is issued only against an ICPO and requires reconfirmation at the moment of SPA signature.
MOQ is 10 × 20ft FCL containers, approximately 210 MT. Below MOQ, the desk can route the enquiry through an aggregator with a small handling premium — send the volume and discharge port for a quote.
No. On an SBLC-backed or DLC-backed transaction the desk does not accept deposits. If a deposit is discussed at all it is typically 30% and only against a producer-signed performance guarantee — never wired blind against a scanned FCO.
Approximately 21–28 working days from operative LC to loaded container on vessel, plus 12–18 days sailing to Jebel Ali. Total elapsed time from signed SPA to warehouse discharge in Dubai is typically 40–50 days.
PSI cost is on the seller's account when contracted CFR/CIF, on the buyer's account when contracted FOB. SGS or Cotecna are the two acceptable inspection agencies — no in-house or unnamed inspection is accepted.
Yes. Brazil-origin ICUMSA 45 is available from Santos and Paranaguá on separate FCO — see the /commodities/sugar-brazil-nigeria corridor for the Brazilian procedure. Some buyers split cover between Thai and Brazilian origins to hedge freight cycles.
Every enquiry is answered within 24 working hours with a producer FCO, current indicative FOB, and the standard SPA template. No spam list. No autoreply.
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