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1.
Product Description
1.1 The trade standard for sports balls applies to all hand-made
sports balls, which includes both
Stitched and molded balls.
2.
Prices, Premiums
2.1 Fairtrade prices for sports balls are established with the following
price formula:
Contract Price + Fairtrade Premium + Fairtrade Compliance Costs
Compensation
2.2 The Contract Price shall be an FOB (free on board) price negotiated
between buyer and seller.
The Contract Price at a minimum matches the average price for the
relevant quality, and covers the cost of production at least.
2.3 The Fairtrade Premium is set at 10% of the Contract Price.
As per Fairtrade balls invoices premium transferring to the joint
body account.
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