| 1-
2008-2009 harvest/campaign
2- Origin Certified Ivory Coast
3- Quantity: 20,000 Metric tons/ that is 12,000MT (Good fermented); and 8,000MT
(Fair fermented)
4- Packing: new Jute bags
GOOD
FERMENTED - 12,000MT
a- Moisture: 5 % - 6% maximum
b- Foreign Matters: 1.33% maximum
c- Beans count: 98 to 105 beans/ kg
d- Broken beans / Defective: 0.6% - 0.9% maximum
e- FFA: 1.30 maximum |
FAIR
FERMENTED - 8,000MT
a- Moisture: 6 % - 10% maximum
b- Foreign Matters: 3% maximum
c- Beans count: 105 to 120 beans/ kg
d- Broken
beans / Defective: 2% maximum
e- FFA: 2.5 maximum
|
5- Offered price: International
Cocoa Organization daily pricing in £ (Sterling Pound) on the date of
Purchasing Contract Agreement. Less 5% (five percent) to reach
Free On Board / FOB quotation / Port of Abidjan/ Ivory Coast / Click
here for ICCO daily pricing page for cocoa beans
6- Payment: confirmed,
irrevocable L/C, negotiable through ECOBANK
or else
and payable 100% CASH Against Documents .
7- Delivery per 20 FT fanned containers
8- Beginning / Maximum 15 days after purchase contract signed with the export
company in Ivory Coast
9- Partial shipment authorized.
| PURCHASING
PROCEDURE |
|
 1-
- Buyer to send Letter of Intent (LOI) to Purchase, including information
about buyer's bank in charge of the transaction. That is postal address of the
bank, Tel number, Fax number, and Email address. Also should be mentioned the
name of the officer in charge of buyer/ company's account, and his Email address.
2- LOI drafted as above required on buyer's / company's paper head to
be scanned (no copy) and attached to Dr. Quenum & Associates,
IBC Email address editor@africabiz.org
3- Transaction's procedures/paper works from LOI drafting to other documents's
exchange are fully exposed on a specimen LOI that can be emailed
to an interested party. Send a requesting email to Dr. Quenum & Associates
at above listed email address.
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