Chapter4 Price of Commodity（课件）《国际贸易实务双语教程》同步教学（清华大学出版社）

Chapter Four Price of Commodity Learning objectives Know the pricing principles and the methods Familiar with the price components and the cost calculation. Grasp the export quotation accounting. Grasp the function and calculation of commission and discount. Understand the profit implication of price calculated. Contents Case study 1 Section 1 Price Components in International Trade 2 Section 2 Commission and Discount 3 Section 3 Understanding the price 4 Section 4 Export Quotation Accounting Practice 5 Section 5 Pricing Considerations 6 Key terms 5 Case Study A Germany client orders 10,000 jeans, requiring CIFC5 Hamburg, covering All Risks. Purchase cost is 30 RMB per jean, logistics cost is 15,000 RMB, expected profit rate is 10%, foreign exchange rate of Bank of China: 1 USD = 6.21/6.24, commodity added-value tax rate: 17%, rebate tax rate: 13%. Please calculate the CIFC5 Hamburg price. (P.S.: 25 jeans each carton, carton size: 45 cm x 36 cm x 25cm, G.W. 3.2 kg. Freight to Hamburg: 150 USD per ton by W/M, overseas shipping premium is defined as 0.6%, which covers All Risks) Analysis Actual Cost = Purchase Cost – Refund = 30 – 30 ÷ (1+17%) × 13% = 8.0845 RMB Domestic Cost = 15,000÷10,000 = 1.5 RMB Overseas Freight: = 0.45 × 0.36 × 0.25 ÷ 0.035 = 1.16﹥1 (Light commodity) F = 0.45 × 0.36 × 0.25×150 ÷ 25 = 0.24 Dollars = 5.42 Dollars Therefore, the trading company should charge USD 5.42 CIFC5 Hamburg/piece. The price of export commodity is composed of four indispensable components : 1) Pricing Currency 2) Units of Measurement 3) Unit Value (Price) 4) Trade Terms. e.g.: Steam coal, USD100/MT CIF HAMBURG. Section 1 Price Components in International Trade 2. Components of FOB, CFR and CIF Price of FOB = Purchase Cost + Domestic Cost + Net Profit Price of CFR = Purchase Cost + Domestic Cost + Net Profit + Overseas Freight