Algeria sets a coffee price ceiling and profit margin for importers

Published 2024년 9월 26일

Tridge summary

A recent decree in Algeria sets the ceiling price for consumed coffee, with Arabica coffee priced at 1,250 Algerian Dinars (US$9.45) per kg and Robusta at 1,000 Algerian Dinars (US$7.56) per kg. The decree also limits the profit margin for importing green coffee beans for resale to 3%, and 4% for products made from imported green coffee beans for processing. The Ministry of Trade and Export Promotion is responsible for publishing the reference price of green coffee beans internationally. Any enterprise importing green coffee beans at prices above the reference price must submit documents to the Clearance Committee for subsidy assessment. If the documents are accepted, the state will compensate the enterprises from the budget to maintain the set ceiling price for consumed coffee.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Article 2 of the Decree, the ceiling price of coffee when consumed (including all taxes) is set as follows: 1 kg of green coffee beans, roasted or ground, Arabica, is sold at 1,250 Algerian Dinars (US$9.45) and 1 kg of green coffee beans, roasted or ground, Robusta, is sold at 1,000 Algerian Dinars (US$7.56). The highest profit margin for importing green coffee beans for resale in their original state is 3% based on the customs value (according to Article 3 of the Decree). Article 4 stipulates that the profit margin applicable to products made from imported green coffee beans for processing is 4% based on the cost price. According to Article 5, units under the Ministry of Trade and Export Promotion must periodically publish on official websites as well as other appropriate means the reference price of green coffee beans applied in the international market. To benefit from the difference under Article 8, the relevant enterprises must compare the above reference ...
Source: Vinanet

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