Saturday, April 2, 2016

Price Quotation For Buyers


Price Quotation For Buyers 
There are following process for fixation price...............................

FOB:
Free on board
Exporter does not bear the cost of freight of ship or air.
It is buyer who himself bears the cost of freight of ship or air.
C&F:
Cost and Freight.
Free on board + Freight.
In this case ship or air freight is carried by the exporter while quoting price.
This price a bit higher than FOB .
CIF:
Cost Insurance and Freight.
Free on board Freight and insurance.
In this case in addition to the bearing of freight the cost of insurance is also borne by the exporter.
CM:
Cost of Manufacturing.
Manufacture or exporter will get only making charge at the same time will get
Fabric is supplied by the buyers.
CMT:
Cost of Manufacturing and Trimming.
Manufacture or exporter will get only making charge of the garments.
Manufacture or exporter will get only making charge at the same time will get

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