Arrange auction

Case Study
Mandalay - Muse/Ruili - Kunming
Mango
Export
Export from Myanmar, Import to China
Myanmar
China
Other
Arrange auction(Export from MMR to CHN/Mangos)
-Exporter (or representative)
-Importer (buyer)
-Exporter (or representative)
-Importer (buyer)
-Importers (buyers) must have obtained Auction Pass to participate in the auction.
1 - The mangos are sorted by type and name of exporter. Before the auction, the kind of mango and name of exporter is announced to inform all auction participants. - All importers register at the auction gate to obtain an auction pass (pre-requisite to take part in the auction process). 2 Importers assess the value of the goods and make offers. 3 Bidding process. 4 The highest bidder gets the sale. 5 The exporter and importer agree on the offered price and complete the auction process (no contracts).
-Mangos are ready to be transported to China.
0.333
 
5% of total value (broker fee)