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DewDiligence

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DewDiligence

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Re: Democritus_of_Abdera post# 8668

Wednesday, 07/23/2014 10:14:13 PM

Wednesday, July 23, 2014 10:14:13 PM

Post# of 30495

I interpret F.O.B. to represent the cost to get the ore onto the shipping vessel and C.F.R. to include the costs to ship from the loading site to the delivery site.

Those are the industry-standard definitions. CFR rates are generally quoted for delivery at Tianjin, China.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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