1. PRODUCT DESCRIPTION: Mature cocoa beans

2. VARIETY: Forastero

3. QUALITY CLASSIFICATION: Grade commercial standard – 2 (“Good fermented”)

4. ORIGIN: Ivory Coast & Ghana

5. PRODUCTION CALENDAR:

a) Main crop season: October – March

b) Intermediary crop season: April – September

6. TECHNICAL SPECIFICATIONS OF PRODUCT:

– Bean counts: 80 – 100 max. per 100 gr. (Main crop season) & 100 – 115 per 100 gr. max (Intermediary crop season)
– Moisture grade: 8% max.
– Slaty: 9% max.
– Defective (Mouldy and Moth-eaten): 5% max.
– Broken: 2% max.
– Strange matters: 2% max.
– FFA: 1,5% max.

7. BRAND: Producer or private according production possibilities

8. PACKAGE FORMAT: Jute bag of 65 kg. net weight

9. LOADING FORMAT: 20´ container containing 12 MT of goods and 40´ container containing 24 MT of goods

10. DELIVERY DELAY: Within 15 – 20 days after receipt of purchase confirmation and settlement of payment terms agreed

11. DELIVERY CONDITIONS: FOB or CFR delivery

12. PRICE: According current market rates

13. EXPORT DOCUMENTATION:

a. Bill of lading (B/L)
b. Commercial invoice
c. Packing list
d. Origin certificate
e. Phytosanitary certificate
f. Quality and/or quantity certificate in case of been requested by client (Cost not included in quotations)

14. PAYMENT TERMS:

a. Prepayment of 30% – 50% of order value and balance against presentation of shipment documentation)

b. Irrevocable letter of credit payable at 60 days of shipment date

c. Deferred payment at 60 days of shipment date in case that´s granted a commercial risk coverage for a prime rated insurer like COFACE or similar

15. IMPORTANT NOTE: Rates quoted have a limited validity so must request update of them before confirmation of any purchase order