When importers sign price clauses, they should pay attention to the following issues:
1. Choice of pricing currency
When the buyer and seller agree on the pricing currency, they usually need to determine the currency of the pricing currency in combination with the exchange rate trend. Commonly used currencies are the US dollar (USD) and the euro (EUR). For example, after the contract is signed, the exchange rate of the US dollar against the RMB continues to rise, from USD1=￥6 to USD1=￥8. At this time, the payment required to purchase 10,000 US dollars increases from 60,000 RMB to 80,000 RMB. Invisibly, due to the influence of the currency exchange rate, an additional 20,000 RMB needs to be paid, which increases the import cost; on the contrary, the expected lower exchange rate can reduce the import cost.
2. Choice of trade terms
Trade terms are part of the unit price of goods and have a direct interest in the responsibilities and obligations of both parties to the transaction. Therefore, according to the transportation market situation, freight rate level, combined with their own conditions and business intentions, trade terms that are beneficial to their own party should be selected as appropriate.
3. Reasonable use of commission clauses
Refer to the customary practices of international trade and pay attention to the reasonable use of commissions and discounts so as to effectively use the purchase and sales channels of intermediaries to expand transactions.
4. Connection with other clauses
The price clause is the core clause of the contract and has an intrinsic connection with other clauses. Therefore, the content of the price clause and the provisions of other relevant clauses should be connected with each other and cannot contradict each other. If the contract stipulates a flexible range for the quality and quantity of delivery, that is, the quality increase and decrease clause and the quantity increase and decrease clause are agreed upon, the valuation of the flexible part should be stated at the same time to facilitate the performance of the contract.