Incoterms define where cost and risk transfer between buyer and seller. Buyers of hex bolts, structural bolts and stud bolts commonly compare EXW, FOB, CIF and DDP quotations.
FOB is often preferred for buyers with their own freight forwarder. CIF includes ocean freight and insurance to the destination port, while DDP includes more door-to-door responsibility.
Always confirm what is included in the quoted price, especially export packaging, local charges, customs documents and destination delivery.
