From: Subject: Quotation for purchase of SUGAR ICUMSA 45 intention. I write this letter with the intent to purchase once you issue a formal quote me the following product: Commodity: ICUMSA 45 Origin: Brazil Type Term contract Quantity: Minimum first trial 25.000 mt, and 50,000 MT per month Total contract quantity is 75,000 MT Duration: Xmonths Shipment: CIF ASWP / China Price: TBA Payment Terms: This LOI is for a contract with a non-transferable or a transferable Auto- Revolving Documentary Letter of Credit (IARDLC) and would need basic information before sending Offer for the contract term. Warm regards. David