20 May 2000
Kee & Co., Ltd
34 Regent Street
London, UK
Dear Sirs:
This is to confirm your telex of 16 May 2000, asking us to make you firm offersfor rice and soybeans C&F Singapore.
We telexed you this morning offering you 300 metric tons of polished rice atA$2,400 per metric ton, C&F Singapore, for shipment during July/August 2000. This
offer is firm, subject to the receipt of your reply before 10 June 2000.
Please note that we have quoted our most favourable price and are unable to entertainany counter offer.
With regard to soybeans, we advise you that the few lots we have at present are underoffer elsewhere. If, however, you were to make us a suitable offer, there is a possibility of our supplying them.
As you know, of late, it has been a heavy demand for these commodities and this hasresulted in increased prices. You may, however, take advantage of the strengthening market if you send an immediate reply.
Yours faithfully,
Tony Smith
Chief Seller
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