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Frustration Of Many Young Agropreneur/entrepreneur....sehgatehub by SehgateTeam(m): 7:45pm On Apr 18, 2017 |
Many young entrepreneur or agropreneur gets frustrated sometimes when a buyer contacted them and after sometime, the buyer will disappear into the tin air. It’s not always there fault but they have another juicy offer from other suppliers somewhere. Nigeria is not the only country that exports agricultural commodities therefore, other country’s market forces always affect us, the same way Nigeria price, quality and abundant availability also after other exporting countries. Eight months ago, I had a valid contract for coconut crunch (made from coconut husk) mainly for potting soil in horticultural and vegetable farming. After my findings and I quote a price for them based on my previous experience doing the trial order, initially the buyers were ok with the price but the fright cost was too high compared to where they later resolved to buy. It was St.Lucia South America Island. Like I always tell people, Cameroon and Chad white sesame seed are of great quality and most buyers are ready to pay for the best quality. For example, If you quote FOB Lagos $500/ton, and someone in Duala quote $570/ton FOB smart and experience buyer will go for it not minding the $70 extra cost compare to Nigeria where aflatoxins are high due to preservative measures from our farmers. But a good trader always know what his client want and can go as far as to other countries to source and sell well for his buyer and build his company brand by always providing good quality. Hint* if you quote $570/ton from Nigeria and your quality is the same as the Cameroon with the same price or even slightly higher, they will check other factors such as boarding time and shipment procedure from both countries. So you stand a chance of winning the order. Another instance I will like to share is the case of palm kernel shell (PKS) it’s readily available in large quantity in Nigeria but we can only secure contract from Europe. Mostly, China and India market prefers Malaysia shell because of distance (good sea freight quote), price and quality (most of their shell are clean from mold) continue https://sehgatehub./2017/03/09/price-and-quality-of-agricultural-commoditiesproduce-from-other-exporting-countries-can-frustrate-many-young-agropreneur/ |
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