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    ITC's Market News Service (MNS) Clinches the Deal

     

     
     
    © International Trade Centre, International Trade Forum - Issue 1/2001 

    We were able to negociate a contract with a Latin American company thanks to the MNS. As the exporter had no idea of the value of its produce on the European market and refused to give the goods on consignment, they agreed to use the MNS as a reference price and then share the profits or losses depending on the final selling price on the spot market.
    M. Rabbow, E.A. Jencquel Gmbh, Hamburg, Germany 

    We have been disseminating MNS reports by publishing selected products, depending on seasonality and product potentials, in the Business Times, a leading weekly newspaper, since March 1999. This has triggered many inquiries from local suppliers for market information. Recently, we started to publish the same information in the Kiswahili newspaper, Majira, and the response is good. We are now going to focus on a bulletin for flower producers, to make full use of ITC's MNS report on cut flowers.
    M.J. Mfaume, Board of External Trade, Dar es Salaam, United Republic of Tanzania 

    Editor's note:
    ITC's Market News Service provides price and market information on a subscription basis. Subscription is free to LDCs only. Contact mns@intracen.org for more information, or visit ITC's web site at http://www.intracen.org/services/mns/mns.htm