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White Refined Sugar (Fine & Extra Fine Grain) - Approx. 655.75 MT

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Supporting Documents

ID: 183003419
Quantity: 655.75 MT (Approx)
Condition:

The product available is from two shipments, the first in November 2019 and the second in December 2019.  When processing the sugar (between January and June 2020) it was observed by claimant that sugar was caked and /or had lumps. The presence of caking and clumping is in varying degrees. No specific cause/incident causing the condition has been identified. Per surveyor, as far as extend of damage the sugar presents in a clean condition and there are no reports of it having been wetted.  Please see photos for an idea of condition.  Being sold "AS IS, WHERE IS". Buyer is responsible for shipping and handling.

# of Bids: 42 PLACE A BID
Original Wholesale Value: $309,842.00
Product Location: Bahrain
End Time: Bid As Soon As Possible
Time Remaining: Bid As Soon As Possible
Trader: Marcelo Rocha   +1 (832)699-0360 ASK A QUESTION

Seller Description

This lot of White Refined Sugar (Fine & Extra Fine Grain) was involved in an insurance claim and is being sold by the insurance company to recover funds from loss.

  • Product: White Granulated Sugar
  • Description: The product is a refined sugar made either from sugar beet or sugar cane. It is produced by crystallisation and physical grading. Not obtained by grinding.
  • Quantity: 610 Bags x 1.075 MT each
  • Weight: 655.75 MT (Approx)
  • Condition: Presence of caking and clumping in varying degrees.
  • Country of Origin: Brazil
  • Country of Refining: UAE
  • Expiry Dates: From October 2021 through December 2021

Load-out Note: The load out charge from warehouse is between $2 - 3 USD per MT, but will be subject to agreement between the winning bidder and warehouse co.

Quantity Breakdown:

Expiry Date Production Date Quantity
10/02/2021 10/01/2019    2 bags
10/30/2021 10/30/2019    1 bag
11/01/2021 11/01/2019  15 bags 
11/10/2021 11/11/2019    1 bags
11/30/2021 11/30/2019 378 bags
12/01/2021 12/01/2019     9 bags
12/01/2021 12/02/2019 204 bags

Seller Terms

  • Salvex and the seller have the right to reject any and all offers.
  • This product is sold AS IS, WHERE IS.
  • Buyer is responsible for all taxes, duties, loading and freight charges.
  • Seller does not offer any warranties or manufacturer warranties.
  • Upon receipt of cleared funds, Seller will provide the Buyer a Release Order for item pick up. Title transfers from Seller to Buyer upon issuance of the Release Order.
  • It is Buyer's responsibility to verify quantities and condition at the time of pick up. Once the product has been removed from Seller's location, there will be no adjustments based on quantity or condition.
PLACE A BID

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