Incoterm quote guide

FOB vs CIF for Maleic Anhydride Quotes

FOB and CIF are shipment terms, not complete quotations by themselves. The named port, Incoterms version, cargo details, and document requirements should appear in the offer.

Maleic anhydride logistics planning for FOB and CIF quotations

Procurement summary

Use FOB when the buyer arranges main carriage; request CIF when the seller should quote cost, insurance, and freight to the named destination port.

ICC guidance treats FOB and CIF as maritime terms. The parties should name the port and state Incoterms 2020. CIF includes seller-arranged freight and insurance to the named destination port, while risk transfer and cost allocation still follow the Incoterm rules.

FOB and CIF Comparison

This summary supports quotation discussions; the signed contract and ICC rules govern the transaction.

Quote pointFOBCIF
Main carriageBuyer arrangesSeller arranges and includes cost
Insurance in quoted termBuyer arranges as neededSeller arranges the insurance required by CIF
Named locationNamed port of shipmentNamed destination port
Buyer sendsQuantity, cargo, port, schedule, documentsQuantity, destination port, cargo, schedule, documents
Important noteRisk and cost do not necessarily transfer at the same pointArrival cost inclusion does not mean seller carries all risk to destination

Quote Request Format

Use a complete subject line and avoid asking only for a price per ton.

  • Maleic Anhydride 99.5% min, solid or molten
  • Quantity per shipment and expected purchase frequency
  • FOB named China port or CIF named destination port, Incoterms 2020
  • Packaging or tank requirement and target shipment month
  • Required COA, SDS, TDS, inspection, origin, and transport documents

FAQ

Does CIF mean the seller carries all risk until arrival?

No. Cost, insurance, and freight are included as defined by CIF, but risk transfer follows the Incoterm rule and should be understood separately.

Can I request both FOB and CIF?

Yes. Providing the same quantity, cargo form, packing, and shipment month allows a clearer comparison.

Should the quotation state Incoterms 2020?

Yes. State the rule, named port, and version to reduce ambiguity.

Authoritative References

These external references support general chemical and trade information. Order-specific requirements must be confirmed separately.

Related Procurement Guides

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