Market updates · BuyingPublished

How to read a Ragtrail offer

An offer is only as good as what it writes down. Here is what each line of a Ragtrail offer means, and what to check before you accept.

Lot reference and validity

Each offer carries a lot reference (RT-S followed by a number) and a validity date. The price holds until that date; after it, availability and price are confirmed again.

Grade, tolerance and items

The grade (A, B, C or mixed A/B) is defined in words, with the share of pieces allowed below the grade per bale. The items and categories are listed line by line, with any tier (# or ##) stated. If a line is not written down, it is not part of the offer.

Bale weight and quantity

Bale weight is fixed (for example 45 kg) or packed on demand from the sizes offered (for example 25 kg or 45 kg). Quantity is in bales and in kilos, so the packing list can be checked against the offer.

Price, Incoterm and port

Price is per kilo (or per piece for some lines) on a named Incoterm: CFR or CIF to your port includes freight; FOB Karachi does not. Compare offers only on the same Incoterm. Duty and the inland leg are yours unless the offer says otherwise.

Payment terms

Usually a deposit on contract and the balance against loading evidence, or a letter of credit by agreement. Payment goes only to accounts in the company's own name.

Documents and evidence

The offer lists the documents (invoice, packing list, bill of lading, certificate of origin, fumigation where required) and the loading evidence you will see before paying the balance: photos, one bale opened on camera, a weighbridge ticket and the seal number.

Claims

The claim window and process are written in: raise it with photos and bale numbers before sorting, judged against the written grade and the evidence, with an independent survey if needed. See pricing and terms.

The Ragtrail Briefing

New lanes, new markets, new stock.

A short email when there is something worth saying: new trade lanes and markets, new sectors, new marketplace arrivals and practical guides for buyers and suppliers.

Choose what you want to hear about (optional)

Or follow us: LinkedIn Instagram

RAGTRAIL Global Materials Trading Hub

Reuse. Revalue. Reimagine.