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White Refined Sugar (Fine & Extra Fine Grain) - 1,100 MT

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Supporting Documents

ID: 183003419
Quantity: 1100 MT (Approx)
Condition:

This load of sugar was observed with presence of caking and clumping in varying degrees. No specific cause/incident causing the damage 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 condirtion.   Being sold "AS IS, WHERE IS". Buyer is responsible for shipping and handling.

# of Bids: 7 PLACE A BID
Original Wholesale Value: $522,000.00
Product Location: Bahrain
End Time: Oct-29-20 12:15 PM CST
Time Remaining: 7 days 5 hours 10 minutes
Trader: Marcelo Rocha   8326990360ASK 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
  • Quantity: 1,100 MT (Approx)
  • Condition: Presence of caking and clumping in varying degrees.

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 wareshouse co.

Condition Breakdown:

Date of Inspection  Inspected bags Caked from Top Side Caked from Side Total Damage bags
15.07.2020  (Joint Insp) 132 16 78 94
16.07.2020 (Joint Insp) 213 17 132 149
30.08.2020 100 15 57 72
31.08.2020 113 24 68 92
01.09.2020 158 19 99 118
02.09.2020 154 42 83 125
03.09.2020 155 54 57 111
13.09.2020 137 43 89 132
14.09.2020 140 30 107 137
15.09.2020 79 35 34 69
Total  1381 295 804 1099

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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