We would like to bring you up to speed with the InCoterms 2020. The most significant change relates to the term FCA (Free Carrier). It now allows the buyer to instruct the carrier to issue a Bill of Lading with an onboard notation to the seller. By doing so, it satisfies the terms and conditions of a Letter of Credit.
The crop yield of Muntok white pepper from Bangka and Belitung has dropped with about 50% compared to last year, perhaps even less.