TeachMeFinance.com - explain Customs import value (C.I.V.)
Customs import value (C.I.V.) The term 'Customs import value (C.I.V.)' as it applies to the area of energy can be defined as ' The price for a one-time open market transaction for near-term delivery of a specific quantity of product at a specific location where the commodity is purchased LDQUO; on the spot RDQUO; at current market rates. See also spot market terms associated with specific energy types'.
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