Put the offers on one basis
Cents per pound CFR into dollars per kilo at your mill gate: duty, port, inland, finance and regain all in.
The unit conversions (cents per pound, dollars per kilo, rupees per maund and candy) are worked on the learning section, the freight reckoner (or the same sum on the calculators page, no download) turns a box rate into a cost per kilo, and the commercial regain table settles the moisture basis. A fibre offer landed without the finance cost of its payment term is not landed yet; the payment terms tool puts a figure on that cost at your own borrowing rate.
Tools for this step
- Freight reckoner Excel
Turn the box rate you were actually quoted into the cents per kilogram that belongs in your costing, at the load you will really achieve.
- Box rate to cents per kilo
Read your quoted box rate down the side and your realistic load across the top, and take the freight cost per kilo off the grid.
- Cost of payment terms
Put the deposit, the days and your own borrowing rate in and read what the term costs you in interest, so two quotes on two different terms compare on one line.
- Commercial regain allowances Excel
Check the moisture allowance in your weight settlement clause against the one the trade actually uses. On a container it is worth real money.
Every tool for this guide, grouped by what you are trying to do, is on the tools page.