1) Depositor Details


  • Entity:


  • Contact:

    chikwatula cooperative
  • Physical Address:

    ntchisi trading centre
  • Postal Address:

    box 39
  • Tel:

    0888203204
  • Fax:


  • Email:

    client@aceafrica.org
  • Proceeds Assignment:



2) Warehouse details


  • Warehouse Name:

    Ntchisi Warehouse
  • Warehouse Manager:

    Thokozile Mithi
  • Warehouse Operator:

    Chikwatula Farmers Organisation
  • Warehouse Number:

    NtchisiWH
  • Location:

    NTCHISI
  • Fax:


  • Email:

    tmithi@aceafrica.org

3) Commodity Details


  • Commodity Name:

    Maize Grain
  • Variety:

    White Maize (non GMO)
  • Grade:

    ACE2
  • Crop Year

    2017
  • Quantity:

    0.00  MT
  • Total Draw Down:

    18.43 MT
  • Volume at Current Moisture:

    0.00 MT at 10.00 %
  • Volume loss at current Moisture:

    -0.03 MT
  • Volume at Standard Moisture:

    0.00 MT

4) Storage Cost as of  19 May 2019


Cost codeCost (MWK)
Fixed Handling44,184.00
Daily Storage Fee1,106,944.50
Total1,151,128.50

Storage settled till : 19/05/2019
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)
01/12/2017WHR Createdchikwatula cooperative3.24
27/12/2017Additional Volumechikwatula cooperative15.17
19/04/2018Drawndown Volumechikwatula cooperative2.50
03/10/2018Drawndown Volumechikwatula cooperative12.67
03/10/2018Drawndown Volumechikwatula cooperative0.91
20/03/2019Drawndown Volumechikwatula cooperative2.35
ACE
Agricultural Commodity Exchange for Africa (ACE) - www.aceafrica.org – ace@aceafrica.org - +2651710204