1) Depositor Details


  • Entity:


  • Contact:

    First Procurement Service
  • Physical Address:

    Lilongwe
  • Postal Address:

    BOX 1037
  • Tel:

    265992122671
  • Fax:


  • Email:

    dmwafulirwa@yahoo.com

2) Warehouse details


  • Warehouse Name:

    Nathenje Warehouse
  • Warehouse Manager:

    Zuze Kuchata
  • Warehouse Operator:

    National Smallholder Farmers' Association of Malawi (NASFAM)
  • Warehouse Number:

    NathenjeWH
  • Location:

    LILONGWE
  • Fax:


  • Email:

    zkuchata@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE1
  • Crop Year

    2017
  • Quantity:

    34.92  MT
  • Total Draw Down:

    0 MT
  • Volume at Current Moisture:

    34.54 MT at 10.40 %
  • Volume loss at current Moisture:

    0.38 MT
  • Volume at Standard Moisture:

    35.28 MT

4) Storage Cost as of  23 Jan 2018


Cost codeCost (MWK)
Fixed Handling83,815.20
Bags and Bagging213,030.30
Daily Storage Fee77,362.44
Total374,207.94

Storage settled till : 23/01/2018
Amount Financed :
Final Settlement Till Date : 0
Accumulated Interest Till Date : 0
Placement : Owner

5) This Warehouse Receipt is subject to the terms and conditions stipulated in:

  • The ACE Warehouse Receipt Rules
  • The parties acknowledge themselves to be familiar with and to be bound by the defaults terms and conditions if applicable as stipulated generally by the Regulations of ACE.
  • ACE Arbitration Rules - Any dispute arising under this or in relation to this Warehouse Receipt shall be submitted to Arbitration in terms of regulation 38 of the regulations of ACE.

6) Audit Trail

DateDescriptionOwnerVolume(MT)
16/12/2017WHR CreatedFirst Procurement Service33.47
11/01/2018Additional VolumeFirst Procurement Service1.45
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204