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Trade terms: According to a set of international rules for the interpretation of trade terms known as "Incoterms 2010"issued by International Chamber of Commerce(ICC)
the most commonly used trade terms in foreign trade as following:
*EXW(Ex Works)
*FCA(Free Carrier)
*FAS(Free Alongside Ship)
*FOB(Free On Board)
*CFR(Cost And Frieght)
*CIF(Cost, Insurance And Freight)
*CPT(Carriage Paid To)
*CIP(Carriage Insurance Paid To)
*DAT(Delivered At Terminal)
*DAP(Delivered At Place)
*DDP(Delivered Duty Paid)
*Usually we use FOB, CFR and CIF
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 | Formula calculation between FOB CFR and CIF CFR=FOB+FREIGHT CIF=CFR/【1-insurance rate*（1+insurance plus rate）】 Usually, insurance plus rate is 10%,of course, it can be higher according to customers need. We will choose to cover all risks in common. |
| Shipment: Common type of international container are 20", 40" and 40H with inner size（L*W*H）MM 5897*2336*2350 12000*2336*2350 12000*2336*2650 If goods can fill a container(any type) we can shipment by FCL(Full Container Load), otherwise, there are many goods from different expoerters be loaded in one container, we call this LCL(Less Container Load). Bounded to the height of our products,CS10,CS30,CS32 and CS52 series can be shipped by 20",40", but CS42 and CS46 just can be shipped 40H. In addition, fuel dispensers can't be shipped by air because usually it can't be kept flat. | ||
| Payment: About payment, usually we accept T/T and confirmed LC. If it is also convenient to you, we would like to:  use Bank of China Henan Branch as advising bank 41A in LC, available with any bank in China 71B charges:all offshore charges except beneficiary's bank charges are for the account of the applicant. |