Our Sales Policy

Firms intending to register as primary global buyers of ASG Commodities' cocoa beans must complete the following mandatory steps:

• Submit Request: Present a formal registration request letter to our Managing Director via email at trading@asgcommodities.com, detailing business ownership, corporate address, and operational history.
• Financial Verification: Provide verified details of your company’s bankers, accompanied by a copy of the most recent audited financial statements.
• Association Membership: Submit documented evidence of membership in a recognized international cocoa association (to guide contract compliance and arbitration proceedings). We accept membership to the Federation of Cocoa Commerce (FCC) or the Cocoa Merchants Association of America (CMAA).
• Risk Assessment: Following the fulfillment of requirements 1-3, our compliance team will conduct a comprehensive Risk Assessment on the applicant firm. The results will be presented to the ASG Commodities Board of Directors for final approval.
• Approval Timeline: Expect the approval process to conclude within one (1) calendar month following the submission of all required and accurately completed documentation.

Standard administrative fees associated with acquiring and maintaining an active ASG Commodities Buyer's License:

Sales executed by ASG Commodities are conducted strictly by private treaty based on prevailing world market values to secure the best obtainable prices.

All negotiations are governed exclusively by standard commercial considerations, devoid of any discriminatory practices favoring or prejudicing any individual firm or specific company. All transactions are negotiated on a net basis, and all associated bank charges are expected to comply rigorously with the provisions of the Uniform Rules for Collections 522 (1995).

Standard sales by ASG Commodities are effectuated on the basis of Cash Against Documents (CAD) via documentary collection.

However, ASG Commodities strictly reserves the unrestricted right to insist upon the establishment of confirmed, irrevocable Letters of Credit (L/C) drawn on top-tier international banking institutions whenever our risk assessment teams deem it commercially or geographically necessary to mitigate transactional risk.

The standard minimum contract volume for the supply of ASG Commodities cocoa beans to all major primary discharge ports is fixed at 50 Metric Tonnes (MT).

Under certain logistical circumstances or challenging freight environments, we may unilaterally insist on a larger minimum tonnage threshold to ensure the viability of the shipment to specific, less-frequented ports of discharge if deemed necessary to act as an effective inducement to secure reliable maritime carriers.

Sales are generally programmed and executed across standard three-monthly forward shipment periods aligning with our harvest and logistical cycles (e.g., October/December, November/January, and December/February).

While primary sales are targeted at major European, Asian, and North American port bases, specific geographic differentials are proactively chargeable depending on the final port declaration. ASG Commodities reserves the explicit right to outright refuse shipments to declared ports that are not easily accessible or lack adequate reception infrastructure. In such instances, underlying supply contracts are forcefully converted to FOB (Free On Board) terms, mandating that the buyer independently arrange ocean freight.

For all contracts wherein ASG Commodities (the Seller) books the freight, and the port(s) of discharge remain at the buyer's option, the buyer is strictly required to formalize their port declaration no later than fifteen (15) days preceding the first day of the contracted shipment period. Failure to submit a timely declaration empowers the Seller to exercise the option forcefully.