Coal price terms

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1. The pit price is the price at which delivery takes place at the coal mine entrance. 2. The vehicle delivery price is the price at which delivery takes place at the railway station located in the coal mine area. The main differences lie in the delivery location and the amount of additional costs involved; these differences are similar to those between EXW and FOB in international trade terms. 3. Price of the car panel including tax: The price of the car panel with taxes included. 4. Single-entry system: By \"single entry,\" it is meant that all the invoice items purchased are included in the costs. 5. Closing price: The closing price refers to the price of coal after it is loaded onto a ship at the port. In addition to the price of coal itself, port handling fees must be added; these vary depending on the domestic port, ranging from 15 to 20 yuan per ton. This fee is paid to the port, that is, what is known as the site fee and handling fee. 6. Site price: It refers to the price at which delivery takes place at a certain storage site, and it generally does not include taxes. The closing price refers to the price of coal after it is loaded onto a ship at the port. 7. Cost, Insurance and Freight (CIF): You can enjoy the rights mentioned above only after the coal is safely delivered to the port specified by the other party. The intermediary fees are borne by the seller. 8. Free On Board (FOB): This means that once the goods pass over the ship’s rail, the seller has the right to claim payment from the buyer in accordance with the terms of the contract. In other words, for FOB terms, once your goods leave the port, you are done with it. 9. Delivery price at the warehouse: The price of delivery at the loading area at the entrance of the designated storage warehouse. 10. Price of the car body including tax: refers to the price at delivery in the train carriage, including value-added tax. 11. Ex-tax vehicle price: This refers to the price at delivery in the train car, excluding value-added tax; in other words, no 13% tax is added to the cost of coal. 12. Shipboard price: refers to the delivery price when coal is loaded onto the ship, without any leveling process (this cost is not included). 13. Price of the carriage including tax: refers to the price at delivery in the train carriage, including value-added tax. 14. Tax-inclusive price and tax-exclusive price: refer to whether value-added tax (13%) is included in the price; for example, if the tax-exclusive price is 100, the tax-inclusive price will be 113. 15. The inclusive tax lump-sum price and the exclusive tax lump-sum price refer to the cost of transporting coal to the location specified by the customer, usually by train, ship, or truck. \"With tax\" and \"without tax\" refer to whether the user needs an invoice; if an invoice is required, it is calculated based on the coal price and shipping cost, plus taxes. 16. Price upon arrival: The same as the inclusive-tax flat rate and the exclusive-tax flat rate. 17. Port charges: Also known as booking port fees, these are charges that all shipping lines require when a booking is made, just like the THC (Terminal Handling Charge). The specific amount varies from one shipping line to another, and the additional fee imposed by freight forwarders also differs. For example: port miscellaneous fees, such as costs for unloading, storage, and loading onto the ship. This post was last edited by ryn on 2009-3-11 12:07]