Noon raises the FBN monthly storage fee in KSA
Noon is updating the monthly storage fee for stock held in its Saudi warehouses. It is a single rate, charged per cubic foot of stock per month.
What it means
- Storage is now 2.75 SAR per cubic foot per month, up from 2.50 SAR.
- Cubic feet are worked out from the box: length × width × height in cm, divided by 28,317.
- It only applies to stock held in the noon warehouse, so it is an FBN cost. FBP sellers hold their own stock.
- A 40 × 30 × 20 cm box is 0.85 cubic feet, which moves from about 2.12 SAR to 2.33 SAR a month.
Per unit the increase is small. It is slow-moving stock that feels it, because storage is charged every month a unit sits there while the referral and outbound fees are charged once, on the sale.