TERMS AND CONDITION
Coffee Export is subjected to the following sales terms and conditions.
ORDER QUANTITY:
Minimum order quantity is one Full Container Load (FCL) for Harar coffee and five FCL for Yirgachafe and Sidamo. The size of the container will be standard 20 feet long container with the net weight of 18 Metric Ton. All export ready coffee will be packaged in 50 Kg jute Bag.
EFFECTIVE SALE PRICE:
Price for a particular day is set by Ethiopian Commodity Exchange market, (www.ecx.com.et) . This price reflects what the company pays prior to processing and delivering to the port. Company margin will be added to this base price to determine the final effective sale price. The exact figure depends on when order is placed. It can be known clearly once we send an offer sheet to the buyer.
METHOD OF PAYMENT:
Terms of sale will be conducted only through IRREVOCABLE LETTER OF CREDIT (LC). For processing of this document please consult with your local commercial bank.
OWNERSHIP TRANSFER:
The shipment is FOB port of Djibouti. The buyer/buyers will assume ownership at the port of Djibouti at which time all subsequent insurance and transportation cost will be transferred to the buyer or buyers.
Coffee Export is subjected to the following sales terms and conditions.
ORDER QUANTITY:
Minimum order quantity is one Full Container Load (FCL) for Harar coffee and five FCL for Yirgachafe and Sidamo. The size of the container will be standard 20 feet long container with the net weight of 18 Metric Ton. All export ready coffee will be packaged in 50 Kg jute Bag.
EFFECTIVE SALE PRICE:
Price for a particular day is set by Ethiopian Commodity Exchange market, (www.ecx.com.et) . This price reflects what the company pays prior to processing and delivering to the port. Company margin will be added to this base price to determine the final effective sale price. The exact figure depends on when order is placed. It can be known clearly once we send an offer sheet to the buyer.
METHOD OF PAYMENT:
Terms of sale will be conducted only through IRREVOCABLE LETTER OF CREDIT (LC). For processing of this document please consult with your local commercial bank.
OWNERSHIP TRANSFER:
The shipment is FOB port of Djibouti. The buyer/buyers will assume ownership at the port of Djibouti at which time all subsequent insurance and transportation cost will be transferred to the buyer or buyers.
