🎬 Module 6C — Incoterms in Agro Trade with Real Examples
🎯 Objective
Master major Incoterms through real-world agro scenarios.
🪝 Hook (0:00 – 0:40)
“Who pays shipping? Who handles insurance?
That’s where Incoterms make everything clear.”
💡 Visual: Container loading → “Who’s responsible?” labels.
🚚 Domestic Incoterms (0:40 – 2:00)
“Inside India, keep it simple:
- EXW (Ex-Works): Buyer picks up from your warehouse.
- DAP (Delivered at Place): You deliver to buyer’s door.”
💡 Visual: Truck moving from farmer → trader → buyer.
🚢 International Incoterms (2:00 – 4:00)
“For exports, remember the big four:
- FOB (Free on Board): Seller covers till port.
- CFR (Cost & Freight): Seller pays shipping only.
- CIF (Cost, Insurance & Freight): Seller pays shipping + insurance.
- DAP (Delivered at Place): Seller handles the entire journey.”
Example Story:
“You sell turmeric FOB Chennai to Dubai:
You pay till port loading.
CIF Dubai means you also cover freight + insurance.”
💡 Visual: Cargo path: warehouse → port → ship → destination;
cost & risk labels shift at each stage.
🧭 Action Task (4:00 – 4:45)
| Term | Who Pays Shipping | Who Takes Risk | Common Use |
|---|---|---|---|
| EXW | Buyer | Buyer | Domestic |
| FOB | Seller (till port) | Buyer (after port) | Export |
| CFR | Seller | Buyer (after shipment) | Export |
| CIF | Seller | Seller (till port) | Export |
| DAP | Seller | Seller | Both |
🧾 Recap (4:45 – 5:00)
✅ Know your responsibility
✅ Add transport & insurance cost in your quotes
✅ Confirm Incoterm in every contract
🧭 Module 6 Summary
| Video | Title | Focus | Duration |
|---|---|---|---|
| 6A | Payment vs Incoterms | Different but connected concepts | ≈ 4 min |
| 6B | Payment Terms Explained | Domestic + International methods | ≈ 5 min |
| 6C | Incoterms with Examples | Practical use in agro trade | ≈ 5 min |