LONDON. Oct 9: The International Cocoa Organisation (ICCO) said on yesterday that it was offering the first monthly amount of 4.250 tonnes of cocoa for sale in October under an agreement to liquidate its buffer stock, reports AFP.

The agreement was reached in September between countries belonging to the "iCCO which produce or consumer cocoa.

They decided that the stock of 230.000 tonnes should be sold by equal monthly amounts of 4,250 tonnes in the 1993-94 year.

At the beginning of each of the following years the organisation may revise this, but If agreement cannot be reached sales would continue at the rate of 51.000 tonnes per year during a period of four and a half years.

For October, when the first sale will be carried out by auction. the date on which the sale takes effect has not yet been announced.

Of the 4,250 tonns offered, 2,354 tonnes originate from harvest in Malaysia in 1981-82.-1982-83. 1986-87, 1987-88 and 1988-89. They will be shipped

from Hamburg In Germany.

The remainder comprises 940 tonnes from Nigeria, 298 tonnes from the 1986-87 and 1987-88 crops in Ghana and 276 tonnes from the 1981-82 harvest in Ivory Coast.