FOB vs CIF for Coconut Charcoal Imports: What Buyers Should Confirm
FOB and CIF are Incoterms® rules used to allocate delivery tasks, costs and risks between seller and buyer. They do not, by themselves, define product quality, payment timing, title transfer or every term of the sales contract. Importers should name the exact port and version of the rule in the quotation and contract, for example: … Read more