Dear Sirs,
This is to confirm your fax of 16 January 2012, asking us to make you offers for rice and soybeans CIF Singapore.
We faxed you this morning offering you 300 metric tons of polished rice at A$2400 per metric ton , C&F Singapore, for shipment during March/April 2012. This offer is firm, subject to the receipt of you reply before 10 February 2011.
Please note that we have quoted our most favorable price and are unable to entertain any counteroffer.
With regard to soybeans, we advice you that the few lots we have at present are under offer 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 has resulted in increased prices You may, however take advantages of the strengthening market if you send an immediate reply.