Pricing Terms
All bids and payments are in USD currency.
The highest bid will be accepted as the winning bid.
A 10% deposit of the total price will be charged immediately after you win the bid.
In case of payment default, only 5% of this deposit will be refunded (minus applicable bank
fees).
Buyer's Responsibility
Buyer is responsible for full payment within the specified timeframe agreed by the producer.
Buyer is responsible for all costs associated with transportation from the FOB or EXW point.
Buyer is responsible for all import duties, taxes, and other fees.
Buyer will order samples and conduct quality analysis prior to bidding, and by placing a bid
acknowledges acceptance of the product quality.
Shipping Terms
FOB (Free On Board): Seller covers the cost of transportation to the port of
shipment and loading onto the vessel. Buyer assumes responsibility and risk once goods are
loaded
onto the vessel.
EXW (Ex Works): For products already warehoused in buyer's country, title and
risk
pass to the buyer at the seller's warehouse. Buyer is responsible for all transportation
arrangements and costs from that point.