Crude Palm Oil
Some small sellers/brokers of Indonesia/Malaysia do not have any specific price idea as to what price they should offer to their customer
So they are referring to one website of a UK based company called REA.
In general they try to say:
Whatever Price REA showing as today's price that is what is our price.
REA showing CIF price which means:
Cost of the good/oil,
Insurance cost for the whole consignment right from port of loading until arrived and delivered
Freight - Carrying cost from Indonesia or load port all the way up to Rotterdam, the Netherlands.
Carrier to Rotterdam and delivered to receivers tank or trucks. Though they did not mention if it is FLT, FILO, LIFO or FIO but in general it is understood FIO.
Now if you are buying CPO from Indonesia for India the seller would offer you FOB so what it has to do with delivery at Rotterdam or CIF Rotterdam that I would not understand.
As to my own observation goes it is only those confused, day dreamer, illiterate and/or half educated so called seller referring you to Rotterdam Price.
md@asianagri.net
The total cost of the vehicle, including the Certified Pre-Owned (CPO) fee, is the sum of the vehicle's price and the CPO fee.
College Post Office (It's a specified PO Box)
CPO=Chief Product Officer
On the CPO coat and hood+
On the CPO coat and hood.
on the CPO coat and hood
On the CPO coat and hood+
on the CPO coat and hood
Chief Petty Officer (CPO) is a rank in the United States navy. A CPO is a significant promotion within the enlisted naval ranks. A CPO is adept at both technical skills and leadership skills with more emphasis on the latter.
On the CPO coat and hood.
On the CPO coat and hood
On the CPO coat and hood