A practical guide for procurement managers sourcing polymer and chemical raw materials from Asia to Africa
You receive two quotes for the
same product. Same polymer. Same origin. Same quantity.
One is $1240/MT FOB Ningbo. The other is $1,350/MT CFR Mombasa/Tema.
Most buyers pick the cheaper
number. That's a costly mistake.
CFR and FOB are not just pricing
labels — they define who carries the risk, who pays the freight, and what your
polymer costs at your factory gate. Getting this wrong doesn't just affect one
shipment. It distorts your cost models, your margins, and your procurement
decisions at scale.
This guide breaks it down clearly, with real numbers, so you never confuse the two again.