Free tool
Towel quotation comparison tool.
Enter two quotations. The tool works out the weight of one towel, the price per piece whatever unit each quote uses, and both prices on the same trade term, so you can see which is lower.
Result
On a CIF basis quotation A is lower by 240.00 on the order, 0.02 a piece or 0.5%.
As written, quotation A looks 0.30 a piece lower. The rest of the gap is freight and insurance.
| Quotation A | Quotation B | |
|---|---|---|
| Trade term quoted | FOB | CIF |
| Weight of one towel | about 490 g | about 490 g |
| Price per piece, as quoted | 3.40 | 3.70 |
| Price per dozen, as quoted | 40.80 | 44.40 |
| Price per kilogram, as quoted | 6.94 | 7.55 |
| Per piece on FOB basis | 3.40 | 3.42 |
| Per piece on CIF basis | 3.68 | 3.70 |
| Order total, FOB basis | 40,800.00 | 41,040.00 |
| Order total, CIF basis | 44,160.00 | 44,400.00 |
An estimate to compare quotations, not a quotation. It leaves out import duty, taxes, customs clearance, delivery to your warehouse and bank charges, which depend on your country and the declared value: add them to every quotation you compare. Confirm each supplier’s piece weight and its tolerance, and check a sample against the specification.
How it is worked out
The arithmetic, in full.
Weight of one towel
Length × width (in metres) × GSM. A 70 × 140 cm towel at 500 GSM is 0.7 × 1.4 × 500 = 490 g. Borders, hems and the weight tolerance move the finished figure a little.
Price per piece
A price per piece is used as it is. A price per dozen is divided by 12. A price per kilogram is multiplied by the weight of one towel in kilograms.
One trade term
An FOB quotation becomes a CIF one by adding the freight and insurance you enter. A CIF quotation becomes an FOB one by taking it off. Both are then compared on the same term.
Frequently asked
Before you rely on the number.
Why can the lower price be the more expensive towel?
Three things differ between quotes that look alike. The towels can weigh different amounts, so a lower price per piece can be a lighter towel. The prices can be per piece in one quote and per kilogram in another. And one quote can be FOB while the other includes freight and insurance. Putting both on the same weight, unit and trade term shows what is really being compared.
How do I turn a price per kilogram into a price per piece?
Multiply the price per kilogram by the weight of one towel in kilograms. A 70 × 140 cm towel at 500 GSM weighs 0.98 × 500 = 490 g, so at 7.20 per kilogram it is 7.20 × 0.490 = 3.53 per piece. The same price per kilogram on a 450 GSM towel of that size is 3.18 per piece, because the towel is lighter. Ask the supplier for the piece weight and the tolerance on it.
Why does the tool ask for freight and insurance?
An FOB price ends when the goods are loaded on the vessel at the Indian port. A CIF price includes ocean freight to your port and insurance. To compare one of each, the FOB quote needs the freight and insurance added, and the figure comes from your freight forwarder. Enter the total for the whole order. If both quotes are on the same term you can leave it empty.
What does the comparison leave out?
Import duty, taxes, customs clearance, delivery to your warehouse and bank charges depend on your country and on the declared value, so they are not included. Add them to every quote you compare, including a local one. The tool also cannot judge quality, the reliability of a supplier, or whether the weight in a quote will be what arrives. A sample is the only way to confirm that.
Does the tool use Kiran Global Exports prices?
No. Every figure comes from you, and the values on the page when it opens are an example, not our prices or a quotation. Our export team replies to a specification with an FOB quotation.
Compare with ours
Send us the quotation you are comparing.
Tell us the specification, quantity and port from the quotation you have. Our export team replies within 24 hours with an FOB quotation on the same basis: piece weight, price per piece and the named port.
Typical response within 24 hours