SOFT CORPORATE OFFER (SCO) Dated 19 Feb 2025 -
We“AFINSKY LLC”, hereafter refer to as the End Seller, hereby confirm the Availability and Capability to Supply the under listed Products for Immediate Spot and Contract sales. The Supply is guaranteed to meet the Specifications and pass through the stringent requirements of SGS or Equivalent. Financial Statement from the Buyer's bank clarifying buyer's financial capability will be required to consider buyer's ability to purchase the product.
TERMS OF NEGOTIATION: ORIGIN: REPUBLIC OF KAZAKHSTAN
INCOTERMS: INCOTERMS 2020-CIF DELIVERY LOADING PORT: AKTAU/NOVOROSSIYSK/ROTTERDAM/HOUSTON
PAYMENT TERMS: MT103
PERFORMANCE BOND: 2% PB CONTRACT TERM: 12 MONTHS MINIMUM (WITH ROLLS AND EXTENSIONS) INSPECTION: SGS, CIQ OR SIMILAR COMMISSION: STRUCTURED NCNDA/IMFPA
UREA 46 CIF price: GROSS USD $340.00 MT NET: USD $330.00 MT Quantity: 300,000 Metric Tons per Month CIF ASWP
APPROVED STANDARD BANKING WORKING PROCEDURES 1. Buyer issues Irrevocable Corporate Purchase Order (ICPO). 2. Seller issues Sales & Purchase Agreement (SPA) to Buyer which is open for amendments, alongside IMFPA/NCNDA form for intermediaries to sign and return to Seller within 3 banking days for final endorsement. 3. Seller issues to the Buyer the following PPOP documents: i) Copy of Commitment Letter to Supply. ii) Copy of Statement of Availability of the product. iii) Authorization to sell & collect. iv) Copy of Product Passport. v) Charter Party Agreement (CPA). 4. Buyer and Seller jointly sign the Charter Party Agreement (CPA) and as well split the freight charges 50/50 which is only applicable for first trial shipment.
5. Seller proceeds to legalize the joint contract, The Certificate of Product Title Transfer and then proceeds with the Port & Custom Clearance of product and all internal routines operations accordingly. 6. Upon completion of the above and confirmation of export approval and the shipping schedule by the port authority, Seller releases the below proof of product documents; i) Fresh SGS (not older than 24 hours) ii) Copy of Export License iii) Copy of Product Allocation Certificate iv) Copy of Allocation Title Transfer Certificate v) Copy of Export Approval vi) Copy of Legalized CPA with the Loading Port Authority vii) Copy of Injection Report viii) Copy of Tank Receipt ix) Copy of Dip test Authorization x) Vessel Bill of Lading xi) Q88 vessel questionnaire 7.Seller lodge and activate a 2% PB in the favor of the Buyer; if Seller fails to supply product in shipment to buyer, this 2% PB will be forfeited to Buyer. 8. Loading and shipment of product commences as per schedule, upon arrival of vessel and finalization of SGS at the destination port, Buyer makes payment via swift MT103 transfer within 3 to 5 banking days to Seller’s bank account for total shipment value, after discharge of product at destination port. 9. Seller within 48hours pays the intermediaries involved according to the signed and Notarized IMFPA and roll over contract.
Kindly respond at earliest.
Warm regards,
Ashish Kumar Shukla
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