1, underwriting

Underwriting refers to the trade behavior that the exporter (principal) grants the management right of a commodity or a certain type of commodity to foreign customers or companies in a certain region and within a certain period of time through agreement.

Through underwriting, the rights and obligations of the buyer and the seller are determined by the underwriting agreement. The sales contract signed by both parties must also conform to the provisions of the exclusive sales agreement.

2. Agency

Agency refers to an agent who, according to my authorization, concludes a contract with a third party or carries out other legal acts on my behalf. The rights and obligations arising from this are directly effective for me.

In international trade, commercial agency refers to a trade mode in which consignors or manufacturers (consignors) entrust designated goods to foreign customers for consignment within a specified region and time limit.

Step 3 entrust

Consignment is a kind of trade mode in which exporters entrust foreign dealers to buy and sell goods to users, and it is a spot trade mode in which goods are delivered first and then sold.

In the case of consignment, the exporter should choose a consignment agent in the consignment area, sign a consignment agreement, and then the consignment agent will transport the goods to the consignment area for spot sales.

4. Bidding

Bidding refers to the behavior that the tenderer issues a tender notice or tender sheet at a specified time and place, puts forward the variety and quantity of the goods to be purchased and related trading conditions, and invites the seller to bid.

Most of the materials purchased by the government adopt competitive public bidding.

Step 5 auction

Auction is a spot transaction method in which the exclusive auction house accepts the entrustment of the owner, bids in public at a certain place and time according to the established articles of association and rules, and finally the auctioneer gives the goods to the highest bidder.

The auction procedure is different from the general export transaction, and its transaction process generally goes through four stages: preparation, inspection, bidding transaction and payment delivery.

6. Futures trade

Futures trading is a trading method in which many buyers and sellers bargain by shouting and gestures according to certain rules and reach a deal through fierce competition.

Futures trading is different from commodity spot trading. Futures trading is a futures trading in a specific futures market, that is, in a commodity exchange, in accordance with the "standard futures contract" formulated by the exchange in advance. After the transaction, the buyer and the seller do not transfer the ownership of the goods.

7. Reverse trade

Reverse trade has also been translated into reverse trade, offset trade and reciprocal trade in China, and some people generally call it barter or big barter.

Generally speaking, counter-trade can be understood as the general name of various trade modes belonging to the category of goods sale, including barter trade, bookkeeping trade, mutual purchase, product repurchase, transshipment trade, etc., which is characterized by the combination of import and export, and export against import.

Second, the code

General trade: 1 10

Processing by materials: 2 14

References:

Baidu encyclopedia-export trade

References:

Baidu Encyclopedia-Trading Mode