banner-img

Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
< Back to questions :: Q&A / Regulations/Policies / Articles of Stone, Plaster, Asbestos, Mica, etc

CIP Price Definition

Regulations/Policies
Articles of Stone, Plaster, Asbestos, Mica, etc
From United States of America
To Chile
231 views / 1 experts
Jak H.
Jan 26, 2023

What does CIP price mean?

1 answer

Jan 26, 2023

The CIP price is the price or cost which is chargeable or quoted to the buyer by the seller during the trade process. Under CIP the seller has to pay for freight, carriage and all other charges till the destination port out of his own pocket and cannot recover it as shipping cost from the buyer, however he may consider these costs and accordingly arrive at the price which he wants to quote to the buyer.

read more

Top Rated Experts

Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies