Coffee and Kapok.
p. 47 · Read in the full issue
Many planters in New Guinea and Papua are experimenting with coffee and kapok, with an eye on the Australian market, and we have arranged to publish Australian quotations in future. New Guinea and Papuan coffee, entering Australia, would be free from duty and exchange.
The following quotations were given on June 20;—
Coffee.
Robusta, f.a.q., imported from Java, on firm conversion of exchange, July, 1933, to June, 1934, shipment, c.i.f., Sydney, per cwt., 46/3.
Robusta, as above, based on 12 gulden to Aus tralian £, fluctuations at date of shipment on buyer’s account, 31/-.
Arabian (Aden) Hodeidah No. 1 (pure), c.i.f., Sydney, per cwt., 72/-.
Djibouti, Longberry Harrar Extra, 67/-; No. 1, 65/6; No. 2, 63/6.
Importers of Robusta coffee from Java pay the following charges: As above, per cwt., 46/3; remitting 25$ per cent, exchange, 11/6; duty, 4d. per lb., 37/4; primage, 10 per cent., 4/7; landing charges, 1/-; total, 100/8 per cwt., equal to 10id. per lb., landed cost. Coffee imported from Papua and New Guinea would escape ex change and duty equal to 49/4 per cwt.
Kapok.
Australian supplies now imported from Java.
Based on an exchange conversion of 9 gulden to Australian £, the Australian c.i.f. prices cur rent in mid-January were, per lb.: Prime Sama rang, sfd.; prime Japara, 5Jd.
Cocoa.
Fine Grenada. 33/3.
Trinidad, good plantation, per cwt., 33/9.