Commercial
Trading terms
A summary of the basis on which we quote and supply. Contract documents govern in the event of any difference.
Quotations
Quotations state the grade, specification, packing format, Incoterm, shipment window and validity period. Prices reflect the raw cashew nut market at the date of issue and are firm only within the stated validity.
Incoterms
Supply is quoted FOB Port of Bissau as standard. CIF quotations to named destination ports are available on request. Incoterms 2020 definitions apply unless otherwise agreed in writing.
Specification and inspection
The agreed specification forms part of the contract. Buyers may appoint an independent inspection agency at load port at their own cost, and we will provide reasonable access for that purpose.
Documentation
Each shipment travels with a certificate of analysis, phytosanitary documentation, origin declaration and lot codes. Additional documents required by the destination market are prepared where notified in advance.
Packing
Standard packing is vacuum-packed tins or pouches in export cartons, or bulk food-grade export cartons. Alternative formats are quoted separately.
Payment
Payment terms are agreed contract by contract and typically involve a documentary letter of credit or an agreed advance and balance structure. Terms for repeat programmes are reviewed on trading history.
Claims
Quality claims must be notified in writing, with supporting analysis, within the period stated in the contract. Claims are assessed against the contracted specification and the retained production records for the lot.
Force majeure
Neither party is liable for delay or failure caused by events beyond reasonable control, including harvest failure, port closure or restrictions imposed by public authorities.
Questions on any of the above can be sent to sales@bissaukernel.com.