A study case on coffee (Coffea arabica): Limu Coffe - IRD
A study case on coffee (Coffea arabica): Limu Coffe - IRD
A study case on coffee (Coffea arabica): Limu Coffe - IRD
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and unloading fees: 3.25 birr/bag<br />
Warehouse storage charge 0.04 birr per bag and per day<br />
Delivery notice On T+1<br />
Pick up notice (PUN) Member must fill out a pick up notice with<br />
the exchange before picking up goods to the<br />
warehouse. After delivery notice is issued<br />
and before T+4.<br />
Delivery period T+4 calendar days.<br />
Failure to pick up If the buyer doesn’t pick up <strong>coffee</strong> within the<br />
delivery period, there will be a 1% charge<br />
per day of the value of the trade.<br />
Table 18: ECX transacti<strong>on</strong> rules (Ethiopia Commodity Exchange Authority)<br />
The buyers then take the <strong>coffee</strong> bags they bought, presenting their pick up notice, and<br />
according to the FIFO method (First In First Out) bags are taken from the corresp<strong>on</strong>ding bags<br />
piles. This step is the reas<strong>on</strong> why specialty market is dead. It is not possible to follow each<br />
bag or truck; they get mixed because of this FIFO method. Even if there is a data base where<br />
traceability of each truck is registered, the last traceability steps are not realized.<br />
Illustrati<strong>on</strong> 40: ECX arrival <strong>coffee</strong> warehouse<br />
(Adrien, 16 th June 2009)<br />
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