Understanding Incoterms: FOB vs CFR vs CIF

Incoterms decide who pays for freight and insurance and where risk passes from seller to buyer. Here is a plain-language guide to the three terms most used in bulk agricultural trade.

Key points

  • Always agree on specifications and inspection in the contract.
  • Confirm packing, labelling and documentation requirements for your country.
  • Use formal banking channels such as LC or CAD.

Replace this sample article with your own content from Posts in the dashboard.

Leave a Reply

Your email address will not be published. Required fields are marked *