Chapter-5-Price-of-Commodity-國際貿(mào)易實務雙語教程(課件)

Chapter5PriceofCommodityExportExchangeCostDefinitionItreferstotheamountofRMBrequiredforaunitofforeigncurrencyofcertainexportcommodity.FormulaExportExchangeCost=TotalExportCost(RMB)/ExportForeignExchangeNetIncome(dollars)FormulaTotalExportCostExportForeignExchangeNetIncomeOverseasCostRelationshipamongVariablesCaseStudy:Atradingcompanyexports10,000unitsofartsandcraftswhichcost300,000Yuan(30Yuanperunit),otherdomesticcost:8000RMB,expectedprofit:10%,freight:10units/CTN,1000cartons,cartonsize:255632,GW:32KGNW:30KG,thefreighttoEuropeiscalculatedbyW/Mas120Dollarsperton.Thepriceof40containerstoEurope:3500Dollars,insuranceby11%oftheinvoicevalueagainstallrisksatthepremiumrateof0.8%,foreignsalesprice:USD4.85/PCCIFLondon.Pleasecalculatetheexportexchangecostrespectivelybycontainerandbycargo.ProfitandLossRatioofExportCommodities

DefinitionProfitandLossRatioofExportCommoditiesdemonstratestheratiobetweenthevolumeofexportprofitandTotalExportCost.ThevolumeofexportprofitindicatesthebalancebetweennetRMBincomeofexportsalesandtotalexportcost.Ifthebalanceisapositivenumber,itmeansmakingaprofit,andviceversa.Theveryratioisperceivedasanimportantindextomeasurethedegreeofexportprofitorloss.Formula Formula

ProfitandLossRatioofExportCommodities= (RMBNetIncomeofExportSales–TotalExportCost)/TotalExportCost ×100%CaseStudy:

connectedtothepreviousonePleasecalculatetheprofitandlossratioofexportcommoditiesForeignExchangeEarnedthroughExport(ExchangeRateAppreciation)

DefinitionForeignexchangeearnedthroughexportisconcludedbytheratiobetweencertaindifferencecalculatedbyexportforeignexchangenetincomeminusforeignexchangecostofrawmaterialsandforeignexchangecostofrawmaterials.Theratioisuniversallyadoptedinimportedmaterialsprocessingandsuppliedmaterialsprocessingtocalculateexchangerateappreciation.FormulaFormula

ForeignExchangeEarnedthroughExport(ExchangeRateAppreciation)=(ExportForeignExchangeNetIncome–ForeignExchangeCostofRawMaterials)/ForeignExchangeCostofRawMaterials×100%CaseStudy:Atradingcompanyimportsfabrictoproceedtoclothingatanamountof100,000DollarsinCIFterms(USD9/PCCIFHAMBURGpergarment).Thetotalfreight:8000Dollars,premiums:2000Dollars.Pleasecalculatetheexchangerateappreciation.5.2ExportQuotationAccountinginTradePracticeMethodsofCalculatingExportExchangeCostinChina'sForeignTradePracticeExportQuotationAccountingExportCounter-OfferAccountingMethodsofCalculatingExportExchangeCostinChina'sForeignTradePracticeCaseOne:AtradingcompanyexportsanumberofsportsshoestotheUnitedStates.Thepurchasingprice(TaxPrice)is50Yuanforeachshoe,thetaxrebaterateis13%,thecostrateandtheexpectedprofitrateofthecompanyis5%and10%.TheforeignexchangerateofBOC:1Dollar=6.57Yuan.PleasecalculatetheFOBpriceofthistrading.

CaseTwo:Atradingcompanyexports10,000sportsshoes.Thepurchaseprice(aftertax)ofeachshoeis70Yuan,thetaxrebaterateis11%,fixedcostofcompany:5%,thepriceofexport:9.68DollarsperpairCIFNewYork,freight:4,350Dollars,premiums:1100Dollars.Pleasecalculateexportexchangecost.ExportQuotationAccountingCaseone

AtradingcompanyexportsanumberofumbrellastoUK,shippedin20-feetcontainer,purchaseprice(TaxPrice)charges50RMBeach,valueaddedtaxrate:17%,taxrebaterate:9%,fixedcost(domesticcost):5%,expectedprofit:10%,packagecost:2,200Dollars,40umbrellaseachcarton,cartonsize:463826,G.W.:36kg,N.W.:20kg.Thebuyerrequiresinsurancecoveredallrisks,premiumrate0.6%,andtheforeignexchangerateofBOC:1Dollar=6.57Yuan.Commissionrate:3%.Thecompanychargesa10%profitrateatthepriceofUSD7.52/PCCIFc3London.5.3CommissionandDiscountCommissionCalculationandPaymentMethodsofCommissionsDiscount(Rebate)CommissionDefinitionCommissionistheremunerationfortheagentswhoprovideserviceforprincipals.Duringtrading,commissionisusuallyintheformofremunerationwhicheithersideofatradeprovidestothemiddleman.Forexample,exporterspaycommissiontosalesagents,orimporterspaycommissiontopurchaseagents.Therefore,commissionappliestothecontractsignedbytheexporter/importerandtheagents.Certaintradingoccursthroughmiddlemenoragentswhoneedtobepaidcommission.Iftheratioofcommissionisdefined,wecallthemthedefinedcommission;otherwise,wecallthemundefinedcommissionwhichagentsmayrequirefrombothsides.CalculationandPaymentMethodsofCommissionsCalculation:byturnovervaluePaymentmethodsofcommissionDiscount(Rebate)DefinitionDiscountisaimedtomotivatetheinitiativesofthebuyer,whichisprovidedbythesellerasaconcessioninthecontract.TypesDefinedMethodsCalculationandPaymentMethodsofDiscountCaseStudyCaseoneCasetwoCasethree[CaseOne]

Atradingcompanyexportsanumberofcommoditiesabroad,theoriginalprice:2,000USDpermetrictonCIF3%London,thebuyerrequireCIF5%London.Insurancecoveragefortheoriginalpremiumsagainstallrisksincludingwarrisks,therateswas0.8USDand6%,inaccordancewith110%CIFprice,PleasecalculateCFRC5%London.[CaseTwo]

AUKclientordered1000travelingbags,requiringCIF5%Liverpool,otherconditions:domesticpurchasecostoftravelingbagsis50Yuanperpiece,otherdominatecostis5,000Yuan;theexpectedprofitrateis10%.Thebagsarepackagedincartons,20percarton.Freightis20DollarspercartonfromstartporttoLiverpool.Overseasshippingpremiumisdefinedas0.8%byCIF,whichadds10%insuranceagainstallrisksandwarrisks.(P.S:ExchangerateofRMBagainstUSDis8:1.)[CaseThree]

AUKclientordered10,000jeans,requiringCIFc5LONDON,premiumscoveringall.Purchasecost30RMBperjean,logistics