Tuesday, 8 January 2019
Ethiopian Oil Seeds, Pulses & Spices: January 2019
First of all, Happy New Year! For import inquires and the latest information, please get in touch via e-mail ([email protected]), WhatsApp (+44 73407 55516) or WeChat (ID: cparrott).
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Commodity highlights:
- Humera, Wollega sesame and White Pea Beans are available in large quantities at the Ethiopian Commodity Exchange (ECX)
- We have a greenfield Alfalfa development project in Dire Dawa for interested operators or sponsors (more details at the end of this newsletter)
- For Ethiopian commodities not listed below, please contact us for information and availability
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All goods are:
1) Free from dead or alive insects and weevils; and
2) Fumigated prior to shipment and fit for human consumption. |
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1. Sesame Seeds (Humera and Wollega type)
- Humera is 1,750 USD per MT FOB Djibouti
- Wollega is 1,700 USD per MT FOB Djibouti
- Minimum order of 1 x 20″ FCL (18 MT)
- Executed through the ECX, procesed at our warehouse and goods delivered to port c. 30 days from L/C issuance
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Since the highs at the beginning of November, Ethiopian sesame prices have gradually trended downward and have fallen c. 10%.
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2. White Pea Beans
- 720 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (23 MT)
- Executed through the ECX, procesed at our warehouse and goods delivered to port c. 30 days from L/C issuance
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WPB has had a volatile December, with a c. 15% trading range and current prices are climbing back to season highs due to large Middle-Eastern buyer in market.
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3. Green Mung Beans
- 750 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (24 MT)
- Supplied from a network of farms and warehouses with goods delivered c. 30 days from L/C issuance
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4. Red Kidney Beans
- Gojam is 550 USD per MT FOB Djibouti
- Wolkite is 400 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (25 MT)
- Supplied from a network of farms (in Gojam and Wolkite) and warehouses with goods delivered c. 30 days from L/C issuance
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5. Pinto Beans
- 450 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (25 MT), 1,500 MT stock available at warehouse
- Supplied from a network of farms (in East Shewa and Arsi) and warehouses with goods delivered c. 30 days from L/C issuance
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6. Desi and Kabuli Chick Peas
- Desi is 600 USD per MT FOB Djibouti
- Kabuli is 630 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (20 MT)
- Supplied from a network of farms and warehouses with goods delivered c. 30 days from L/C issuance
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7. Turmeric Fingers
- 780 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (18 MT)
- Supplied from a network of farms and warehouses with goods delivered c. 30 days from L/C issuance
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8. Black Cumin Seeds
- 1,600 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (14 MT)
- Supplied from a network of farms and warehouses with goods delivered c. 30 days from L/C issuance
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9. Soya Beans (non-GMO)
- 550 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (25 MT)
- Supplied from a network of farms (in North Shewa) and warehouses with goods delivered c. 30 days from L/C issuance
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10. Fava Beans (Horse Beans)
- 730 USD per MT FOB Djibouti
- Minimum order of 1 x 20 foot FCL (25 MT)
- Supplied from a network of farms (West and North Shewa) and warehouses with goods delivered c. 30 days from L/C issuance
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11. Black Cardamom
- 7,600 USD per MT FOB Addis Ababa Airport
- Minimum order of 1 MT
- Supplied from a network of farms and warehouses with goods delivered to airport c. 7 days from upfront TT or L/C issuance
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Alfalfa Development Opportunity, Ethiopia
- Radial-pivot irrigation Alfalfa development near Dire Dawa
- Greenfield alfalfa production, processing and export
- Targeted IRR: >40% in US$
- Targeted Payback: 90% by Year 4
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- Focus on alfalfa, which is considered an ideal crop for forage due to its high protein and vitamin content, fast harvest cycles, and high levels of digestibility
- Hydrology report and drilled boreholes validating adequate water aquifer and sufficient replenishment flow rate
- Please contact us or click here for more information
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Thank you for reading and if you have any views, comments or trading inquiries then please get in touch using my details below.
Intended for the clients of Blue Nile Trading Ltd.
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