CIF (Cost, Insurance and Freight) means that the seller has the same obligations as under CFR but with the addition that he has to procure marine insurance against the buyer s risk of loss of or damage to the goods during the carriage. The seller contracts for insurance and pays the insurance premium. The following CIF price calculation is based on the following formula:
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Dear,
I dont know how to calculate the CIF value, could you please help on this issue.
GOODS VALUE : USD130,817.50
Unit price : USD0.0355/W x 550W = USD195.25/PC
OCEAN FREIGHT : USD4550 / 40HQ container
Thanks very much !
i am waiting to your reply soon.
Best regards,
Kitty Lam
Total $: 58046
Suppose we have the following insurance clauses specified in a sales contract, insurance to be effected by the seller 110% of invoice value against all risks and war risk and struck risks, as per ocean marine cargo clauses of PICC dated 1/1/1981. The premium rate of all risks is calculated at 0.3% and the premium rate of war risks and strike risks is calculated at 0.15% amd 0.1% the sales contract is on CIF basis and the invoice value USD 20.000
I dont understand how to calculate a CIF price, because I dont know all parameters.
Would you help?
I have FCA price 150 EUR/m3.
How this price can be different for different companies?
Regards,
Kristina
I want to export glass scrap of 1000 Tons
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Can you send me the Invoice format if the export on CIF basis and the item is having the export duty of 33%.
I want how to show the price on the invoice
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Dear Sir/Madam,
We are manufacturing natural essential oils in Kanpur and export abroad.
Kindly you are requested suggest us how we calculate CIF because our all party want CIF.
Best Regard
S.V.Singh
For Alken Chemicals & Fragrances
+91 9415475294
It appears to me that the cif calculation is made to look very complex for an ordinary person to understand yet he / she has to do business. So would simplfy it for me and give me a well worked out example showing every thing as represented in a somewhat complex formular. Also send me the formular and it's explanation thanks
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immediately sent me above details
anuruddha
Hello,
I want to know the CIF cost, how to calculate CIF cost.
I am seller and selling my products from Turkey to India.
Total Weight of Products is 1400 Kg.
Amout of Product is 28079 USD.
Freight charges approx 800 USD (including pre-carriage, origin port charges and sea freight)
Container 20ft.
How to calculate CIF costing.
Regards,
Shobhit Pratap
8879646088
Hello
I want to understand CBOT Basis calculating the buying price and than calulating indian price. so need help me for costing
if cbot may 31
how arrive india cif price