Technical references on Fidens and our operation.

Brazil has been the world's largest sugar exporter for two decades, yet the market still has structural gaps: Brazilian sellers struggle to reach institutional international buyers directly and to meet the required standards; international buyers have difficulty qualifying Brazilian suppliers that combine volume, quality and contractual stability; multiple intermediaries dilute accountability and amplify operational and financial risks. Fidens was created to close these gaps — a single, accountable counterparty between origin and destination.

Fidens rests on four pillars. Access to Global Buyers — we connect Brazilian sellers to an extensive portfolio of institutional buyers around the world. Due Diligence and Qualified Matchmaking — due diligence in advance and curated presentation of counterparties assessed for financial, operational and regulatory capacity. Documental and Contractual Governance — structuring and validation of all transactional documentation, ensuring legal integrity and cross-border enforceability. End-to-End Operational Management — single point of coordination and accountability between the parties, from start to finish.

Fidens maintains a network of renowned partners — mills, independent traders and cooperatives — with access to a relevant share of Brazil's exported sugar volume. This network secures supply capacity in the order of hundreds of thousands of metric tons per month, ranging from product ready for shipment to annual contracts for continuous supply. Origination is preceded by due diligence on both sides: seller and buyer.

Brazil is the world's largest producer and exporter of sugar, accounting for approximately half of global trade. The country operates one of the most consolidated bulk port infrastructures and maintains a harvest calendar complementary to the Northern Hemisphere. For institutional buyers, this means reliable volume, scale and origin flexibility within a single jurisdiction.

Fidens operates under two contracting modalities: Spot (one-off operations — including Spot OTG, on product already cleared at destination ports or warehouses) and Annual Contracts (continuous supply throughout the harvest). Delivery terms follow Incoterms 2020, in order of increasing seller responsibility: FOB (delivered on board at the origin port), CIF (cost, insurance and freight to the destination port) and DDP (delivery with duties and logistics included). Other Incoterms (EXW, DAP, FCA) on request.

Fidens works primarily with three grades of Brazilian cane sugar.

ICUMSA 45 — high-purity refined white sugar (minimum polarization of 99.80%), with low levels of molasses, ash and other impurities:

• natural sweetener ready for direct industrial use;
• applied in food, beverages, confectionery, baking, cosmetics and pharmaceuticals;
• a global benchmark for premium-grade quality.

ICUMSA 150 — refined white sugar of lower purity (minimum polarization of 99.5%), a lower-cost alternative for industrial and food-and-beverage applications:

• higher molasses, ash and impurity content than ICUMSA 45;
• versatile in baking, confectionery and soft drinks;
• widely produced and traded in Brazil, Thailand and India.

VHP (Very High Polarization) — raw cane sugar in light-amber granules (minimum polarization of 99.5%), with more molasses, color and ash than refined sugars:

• low moisture and consistent physical characteristics — ideal for bulk handling, storage and long-distance shipment;
• the principal feedstock for refineries to convert into refined or specialty sugars;
• also used as direct input in industrial processes (ethanol, beverage lines).

Pricing across all three grades is influenced by weather in the cane fields, demand for sugar processing and biodiesel, government policies (taxation, stock limits), CBOT exchange quotes and global sugarcane production. For other grades — such as Demerara or organic sugar — get in touch so we can assess availability through our network.

Yes. The minimum volume per operation is 12,500 metric tons — equivalent to half a bulk shipload — applicable to both Spot OTG and recurring contracts. This threshold reflects the minimum scale at which institutional logistics remain economically viable. Larger volumes are negotiated case by case, subject to the available harvest window.

Fidens maintains established flows and active counterparties in the United States, Europe and Asia — three of the world's largest consuming blocks for raw and refined sugar. The choice of these markets reflects the institutional buyer profile the firm serves: large refineries, industrial distributors and logistics operators with established contractual governance.

Yes. Fidens maintains logistics partnerships covering the world's principal ports and can structure delivery to other destinations, subject to prior due diligence of the counterparty and validation of the logistics route. Get in touch so we can present the structure suited to your operation.