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Cocoa Importers
Core requirements for chocolate
importers or processors:
- Sign TransFair USA's License/Certification agreement
to become a licensed importer or processor.
- Purchase cocoa beans from licensed Fair Trade cooperatives,
or chocolate/cocoa powder from manufacturers certified by TransFair's
umbrella organization, Fairtrade Labeling Organizations International
(FLO).
- Pay at least the Fair Trade minimum price to cooperatives.
This is an internationally standard minimum price set by FLO at US$1750/
metric ton, or US$1950/ metric ton if the cocoa is also certified organic.
If the world price (New York Board of Trade price) rises above US$1600/mt,
the Fair Trade price is equal to the world price plus a US$150 premium
for conventional cocoa and a US$200 premium for organic. For example,
if the world market price is US$2000/mt, the Fair Trade price is US$2150/mt
(US$2350/mt for certified organic).
- Pay a certification fee to Trans Fair of US$0.10/lb.
on Fair Trade Certified chocolate/cocoa product purchases.
- On request of the producer organization, make available
up to 60% of the value of the contract in pre-financing or other credit
facilities
Interested in becoming a licensed cocoa/chocolate
importer or processor?
Contact: cocoa@transfairusa.org
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