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Case Two

Shanghai Linsheng Imp. & Exp. Co., Ltd. received an E-mail from MASRI BRO.CO., LTD. , which reads:

We are interested in your dinner sets and tea sets. Please quote us your best CIFC3 Vancouver prices for Art. No. NF91115£¬3SAS1012RG

 
     Information on quotation     
15PC TEA SET
Art. No.:  NF91115
include:  teapot 1pc sugar bowl 1pc milkcup 1pc teacup 6pcs small plate 6pcs
Packing Mode:  1set/box, 4boxes/carton Carton
Measurements:  54.5X28.5X40.7cm
Gross Weight/Net Weight:  19/14.5 KGS
Supplying Price (with VAT):  RMB95/set
Minimum Order:  1 x 20 FCL
STAINLESS STEEL PRODUCTS
Art. No.:  3SAS1012RG
Packing Mode:  2sets/carton
Carton Measurements:  56X32.5X49 cm
Gross Weight/Net Weight:  24/18 KGS
Supplying Price (with VAT):  RMB 270/set
Minimum Order:  1 x 20 FCL
VAT rate
17£¥
Payback Rate
13%
Expected Profit Rate
10% (based on quoted price)
Exchange Rate
USD:RMB = 8.27:1
Terms of Payment
Sight L/C
Ocean Freight
From Shanghai to Vancouver USD2200 per 20' container
Insurance
For 110% invoice value against All Risks & War Risk. Total premium rate: 0.9%
Other fees per20' container
Storage RMB500Inland
Transportation Fee RMB1200
Inspection Fee RMB250
Declaration Fee RMB150
Port Charge RMB800
Administrative Fee RMB2000
Others RMB1000
 
Practice Requirement:
As a salesperson in Export Department of Shanghai Linsheng Imp. & Exp. Co., Ltd., please make an offer to MASRI, whose e-mail address is foreign@scicib.com.
 
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