CONTACTS

Phone: +7 (7172) 591-232;

Fax: +7 (7172) 317-366;

E-mail: mail@fcc.kz;

Helpline: +7 (7172) 591-284.

Agricultural products purchasing department:

 +7 (7172) 591-222, 591-248;

Commercial department:

+7 (7172) 591-276, 591-241

Procedures

 Forward purchase of agricultural products 

Food Contract Corporation NC JSC (Corporation) carries out forward purchase of agricultural products on the terms of advance payment. In case of forward purchase of agricultural products as a security of obligations are accepted:

1) guarantee of second-tier banks and/or;

2) a pledge of liquid real estate/movable property.

In case of forward purchase, advance payment is made in the spring and summer for agricultural products supplied in the autumn (after harvest). In the spring and summer period, the volume of supply of agricultural products is not specified at the conclusion of the contract between the Corporation and agricultural producers. Purchase prices are set by the Corporation during the delivery of agricultural products.

Based on the amount of advance payment and the purchase price, the volume of delivery is determined. Procurement is carried out in the grain-enterprises, defined by the Corporation, the terms of delivery «ex works» EXW (Incoterms 2010).

In cases stipulated by the legislation of the Republic of Kazakhstan, transactions for the purchase of agricultural products (AP) in the amount equal to or exceeding 600 (six hundred) tons are carried out in accordance with the Law of the Republic of Kazakhstan «On commodity exchanges».

 

Purchase of agricultural products on payment terms upon delivery 

Direct procurement can be carried out through: 

1) purchase of grain from grain-receiving enterprises;

2) purchase of agricultural products on the commodity exchange through participation in double counter auctions; 

3) purchase of grain receipts on the web portal of the state property register;

4) purchase of agricultural products from storage without grain receipts;

5) in other ways not prohibited by the legislation of the Republic of Kazakhstan and internal normative documents of the Corporation.

Procurement is carried out in the grain-enterprises, defined by the Corporation, the terms of delivery «ex works» EXW (Incoterms 2010).

Payment for the delivered agricultural products by the Corporation is carried out after the delivery of agricultural products.

In cases provided for by the legislation of the Republic of Kazakhstan, transactions for the purchase of AP in the amount equal to or exceeding 600 (six hundred) tone are carried out in accordance with the Law of the Republic of Kazakhstan «On commodity exchanges».