What Do You Mean By FOB Price Quotation?


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FOB Price Quotation

 

 

FOB Price Quotation.

  • Under FOB quotation, the seller quotes a price which includes all expenses incurred till the goods are actually loaded on board the ship.
  • This means packing charges, local transport charges and dock dues are covered in the price quoted.
  • Even the expected profit is included in the FOB price.

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