A: Our formal quotation for Sitolid refrigeration compressor is normally valid for 30 days from quotation date. The price may fluctuate due to raw material price fluctuation, exchange rate change and international logistics cost variation. The main raw materials for compressor production are cast iron, copper, alloy metal and electrical components, whose market price changes frequently in global commodity market. If raw material price rises sharply after quotation expires, we have to adjust product price accordingly. Within 30-day validity period, we guarantee the quoted unit price, as long as you issue formal purchase order within this period. When quotation is expired, if you still want to place order, we will recheck raw material price and exchange rate, then send renewed quotation. The quotation includes unit price, MOQ, estimated lead time, payment term, packing method and price term (FOB Ningbo / FOB Shanghai etc.). We will clearly mark price term and tax information in quotation. For long-term framework cooperation customers, we can sign annual price locking agreement to avoid frequent price fluctuation within agreed range. When you receive our quotation, if you have any question about price composition, you can ask our sales team for explanation. We will separate raw material cost, processing cost, packing cost and export operation cost for your reference.
Q: How long is the quotation valid?
A: Our formal quotation for Sitolid refrigeration compressor is normally valid for 30 days from quotation date. The price may fluctuate due to raw material price fluctuation, exchange rate change and international logistics cost variation. The main raw materials for compressor production are cast iron, copper, alloy metal and electrical components, whose market price changes frequently in global commodity market. If raw material price rises sharply after quotation expires, we have to adjust product price accordingly. Within 30-day validity period, we guarantee the quoted unit price, as long as you issue formal purchase order within this period. When quotation is expired, if you still want to place order, we will recheck raw material price and exchange rate, then send renewed quotation. The quotation includes unit price, MOQ, estimated lead time, payment term, packing method and price term (FOB Ningbo / FOB Shanghai etc.). We will clearly mark price term and tax information in quotation. For long-term framework cooperation customers, we can sign annual price locking agreement to avoid frequent price fluctuation within agreed range. When you receive our quotation, if you have any question about price composition, you can ask our sales team for explanation. We will separate raw material cost, processing cost, packing cost and export operation cost for your reference.
