What does ICUMSA 45 actually cost?
ICUMSA 45 has no list price. It is priced off the ICE No. 5 white sugar contract in London, quoted in US dollars per tonne, plus the cost of getting your lot, bagged, to your port. You can check the screen price yourself in one click, and you should, rather than take my word or anyone else’s.
Those links go to a third-party quote page, not to me.
What that number is not
The exchange price is a standardised contract at a delivery point. It is not sugar landed at your port. Between the two sits:
- Freight and insurance to your named port, which is why CIF is meaningless without one.
- Lot size. Two containers and a 12,500 MT vessel are not priced the same way, and the difference is large.
- Packaging. 50 kg bags are not bulk. Bagging, palletising and container lining all sit here.
- Shipment timing and the position the supplier is actually holding when you ask.
- Your banking route and the cost of the instrument on both sides.
That is why you will not find a price on this page. Anyone who gives you a firm number before knowing your port, volume, packaging and timing has invented it. Send the four fields and I will come back with a current supplier response for your actual requirement.
Illustration, not a photograph of a specific shipment.
Four things worth knowing before you send anything
You pay the supplier, not me
You contract with and pay the identified contractual supplier directly. I never receive buyer funds at any point, and I am paid by the supplier side. There is no arrangement in which your money passes through me.
You can check who I am
TACJR Participações Ltda., operating as Brazil Sugar Trade, a registered Brazilian company. The registration is public record; the CNPJ is shown on request in the verification section and can be checked at Receita Federal before you tell me anything. The four checks I would run on any supplier work on me too.
The credit is non-transferable
Your bank opens it in favour of the supplier who ships, marked non-transferable, payable against shipping documents at the loading port. A transferable credit exists so the seller in front of you can substitute his own invoice and have the sugar shipped by someone else, found after your bank has committed. A seller who needs one is telling you that.
Inspection is normal, not a favour
Under Refined Sugar Association rules, buyer and seller may each appoint an internationally recognised superintendence company at loading, at their own cost. If you later make a quality claim, sealed samples are drawn at destination from at least 5% of the sugar involved. Scope and timing are agreed per transaction.
Name your port and your volume.
Four fields. I take it to the supplier and come back with a current response for your actual requirement.