| Sugaronline brokerage continues to receive a high volume of requests for the purchase and sale of both Raw and White sugars. Many of these enquiries have included a number of terms and phases which are not part of the Standard Sugar Trade Rules as set out by the Sugar Association of London and The Refined Sugar Association of London.These terms indicate that the proposed trade may not be a serious bid or offer and might even be part of a fraudulent scheme. We know of one incident where a trader recently lost his performance bond as a result of attempting to deal with a "Grade A" sugar supplier and unfortunately the sugar did not exist. To assist you with your enquiry we have listed some of the common clauses that are not standard within the trade and should immediately question the validity of the enquiry. If your buyer or seller has included any of these terms please check very carefully before proceeding.We would urge you to check the source of your enquiry to verify the enquiry is genuine. If your enquiry includes any of the terms or phases listed below it may not be considered a serious interest to trade by Sugaronline.
If you proposal to trade does not include any of the above phases and you wish to continue to submit your bid or offer then you will be required to subscribe to SugaronlineSilver for a minimum period of 6 months but you will only be charged for 5 months a total of $200. |
