An importer in Singapore asks for a quotation for 5000 kg of almonds. You are an exporter in India. You have to take a decision on the amount to be quoted. Assume that the unit price is $10 per kg, the total price for 5000 kg almonds would be $ 50,000 for the goods alone.

  If you quote

 Price ($)

   EXW  51,000

   FCA  51,300

   FAS  52,150

   FOB 52,325

   CFR  53,550

   CIF  53,950

   DPU  54, 275

   DDP  57, 275

 

 Questions

1.    How much does the exporter have to pay as sea freight charges from India to Singapore? Give Reasons

2.    How much is the marine insurance? Give Reasons

3.    What would be the landing charges in Singapore? Give Reasons

4.    What kind of quotation would you prefer as an exporter? Give Reasons