The foreign quotation is US$ 65,438+0,000 per metric ton CIF new york, and the CFR new york commission rate is 5%, keeping the net foreign exchange income unchanged.
CIF = CFR+I = CFR+CIF * 1. 1 * 1%; -& gt; CFR = CIF( 1- 1. 1 * 1%)= 989;
CFR C5 % = CFR/( 1-5%)= 989/0.95 = 104 1.053