Ivory Coast cocoa beans standard offer
Quality cocoa beans directly from a direct Ivory Coast registered exporter with good business references
1.Origin
: Cote d’Ivoire
2. Average specifications: Consult us
3. Packing: 62.5
to 65kg net (customer option) new jute bags
4.
Importers we seek: 200 to 500 MT orders. Consult us for a smaller test order
5. Documents
All usual commercial documents for this commodity
SGS, Vertas or Cornelder certification before shipping.
6.
Delivery time
15 to 30 days when payment conditions are ok
Deliveries out of warehouses San
Pedro or Abidjan or, little, FOB or CFR
7.
Price
Except if offer of a for special batch or quality, prices are most of time London fixing.
Validity of an offer is at most 5 days
If no payment guarantee in this time the order is cancelled
8. Payment
Usually: irrevocable CL confirmed by first rank European bank, never CAD.
Crop season reminder
- Large one: October - February - 70 % (better quality)
- Small one: April - June - 30 % (smaller cocoa beans)
Deliveries all year long. |
Information - Ivory Coast cocoa beans export leaders in 2009
The top ten exporters manage 94% of Ivory Coast cocoa beans : Cargill West Africa (203,782MT, 20,3%), ADM Cocoa Sifca (175,566MT, 17,5%), TNCI from Touton group (9,2%), Armajaro CI (8,9%), Barry Callebaut (8,5%), Outspan CI (6,2%), SAF Cacao (5,5%), Cocaf CI (5,3%), Cipexi (4,6%) et Dafci (2,7%).
The 9 Ivory Coast major cocoa beans processing companies
of 332,182MT from January to June were SACO (41,4%), Cemoi CI (22,5%), Cargill Cocoa (17,4%), Unicao (12,1%), Sucso (2,6%), SN Chocodi (2,1%), Condicaf (1,7%), Pronibex and Sidcao.
The 5 cooperative leaders were Socatène from Zarour group (27,4%), Copaeb (16,2%), Ecookim (12,2%), CNRK (10,6%) and Coopaai (9%) which got 75% of the deliveries, namely 83,438MT
Cocoa beans batches trade in Ivory Coast and/or Ghana
Information for new buyers
To ovoid any misunderstanding please
read very carefully the following information
- The cocoa beans are sold only by batches from several to
thousands metric tons.
- There are all
year long batches for sale, depending:
1. The level of activity of factories which get the cocoa fevers in
the bush, remove dirt, sort, dry (very important) and pack fevers.
There are dozens of these factories from Abidjan to San Pedro (400 km)
2. Needs of the market
The buyer or his
representative has to:
. check himself the batch in authorized exporter warehouse
. check documents and quality certificates
. manage his own analysis before any purchasing because all batches are
different for quality (grade, moisture, mold, broken...) even after
processing of raw cocoa fevers
Then the buyer have
to do a proposal, most of time
London fixing price, depending quality and quantity. Some batches can be
more expansive because highest quality in some areas from Ivory Coast.
If there is an
agreement with the seller the buyer has to confirm and reserve the batch
with an immediate bank guaranty even
if the delivery is not prompt. Important notice
The basic rule in cocoa beans professional market is
The seller issues an offer with quality, quantity, delivery time, other useful information and delivery out of warehouses price or, little a FOB or CIF price.
The buyer has a maximum 24 hours delay to reply with a LOI or any relevant document to confirm his agreement; then the buyer must pay cash (Swift) within 2-3 days, except if he is well known in the cocoa trade market.
If you cannot work according this rule we probably cannot help you. We can guarantee to the reliable buyers constant
deliveries in good conditions |
