What role do industry practices play in the common usage of CIF and FOB

Nov 18, 2010 ... FOB price which is the auction price, Japanese taxes and any local transportation. CIF price, the dealer will then add his markup (profit), the ... For the North Sea,. Russian-Caspian (including fob netbacks) Mediterranean, and West. Africa, prices are published as fixed price assessments and also shown as ... Fastmarkets' pricing database has been updated to reflect the following changes: AG-SYB-0037 Soymeal CIF ... prices or information available from third parties. By using CIF, both buyers and sellers can clearly define their responsibilities and obligations. The cost includes not only the price of the goods themselves ... Sometimes analysts may not have the price/cost information for their own ... the cost of transporting goods to a country (c.i.f./f.o.b.) and transporting. The adjustment of imports from c.i.f. to f.o.b. prices is not appropriate and there is no reconciliation with data from neighboring countries. B. Government ... Cost, Insurance, And Freight (CIF). Cost, insurance, freight. Term refers ... Futures price information that is consistent with spot market convention ... The key elements include assessing your company's foreign market objectives, product-related costs, market demand, and competition. Jan 26, 2024 ... stipulating that itemised price information for ancillary costs, such as insurance and freight, must ... (CIF) and Free on Board (FOB) contracts, ... 2. Page 3. Energy and Water Regulatory Authority (Petroleum Products Price Setting). GIN. No Steonid. THE ENERGY AND WATER UTILITIES REGULATORY. AUTHORITY ACT.