CIF Series — Part 2CIF vs FOB: What Buyers Often Get Wrong in EN590 Diesel DealsCIF Series — Part 2

CIF vs FOB Explained: Best Way to Buy EN590 10PPM Diesel Part 2 of the CIF Series In EN590 10PPM diesel trading, two terms dominate: CIF (Cost, Insurance, and Freight) FOB (Free on Board) Buyers often get confused about which is better — so let’s break it down with something everyone understands: ordering food. 🍽 CIF Is Like Using a Food Delivery App Imagine you order food through an app: You place the order. Your card is authorized, but you’re only charged when the food is delivered. If the restaurant burns your meal, or the driver drops it, you don’t pay. ✅ The seller (restaurant + delivery) takes responsibility for preparing and delivering. ✅ You just wait and pay upon safe delivery. This is CIF — and in EN590 10PPM diesel deals, it works the same way. In CIF, the seller: Supplies the product Pays for marine insurance Books and pays for the shipping vessel The buyer: Issues an SBLC/DLC to guarantee payment (like authorizing the card) Pays only after the EN590 10PPM cargo arrives and passes inspection 🏃 FOB Is Like Self-Pickup — With Risks Now imagine you order food but choose self-pickup: You pay upfront. You walk to the restaurant to collect. On the way home, if you drop the food or slip and fall, it’s your problem. No refund. This is FOB. In FOB, the seller: Only gets the cargo onto the ship at the port of loading The buyer: Provides and controls the vessel Handles insurance and freight Bears all the risk once cargo crosses the ship’s rail 🛑 Common Buyer Mistakes in EN590 10PPM Diesel Trades Thinking FOB Saves Money — Once you add shipping, insurance, and risk, it often costs more. Assuming They Can Handle Shipping — Shipping fuel is complex without local expertise. Believing FOB Avoids Banking Instruments — Serious sellers still want SBLC/DLC. Mixing CIF and FOB Terms — You cannot blend them; offers claiming so are red flags. 🚨 Red Flags in CIF and FOB Offers FOB offers asking you to prepay “small tank fees” or “local taxes” CIF offers promising “no SBLC, just MT103 after SGS” Anyone offering “FOB with CIF features” — fake ✅ Which Should You Choose for EN590 10PPM Diesel? For most buyers: ✔️ CIF = safer, simpler, insured, and structured. ✔️ FOB = only recommended if you have shipping expertise and strong local presence. We’ll cover scam traps in Part 3: Beware of Fake CIF — How Scammers Trap Buyers. 📩 Want Expert Help Navigating CIF or FOB in EN590 10PPM Trades? At 1st Class Group, we guide buyers through both CIF and FOB safely and professionally. We only work with verified seller mandates and serious buyer teams. Email: [email protected] WhatsApp: +65 8787 8953 Website: www.firstclassgroup.sg