Dear Sirs,Thank you for your offer of December the 5th and samples of Ground Nuts you

Dear Sirs,

Thank you for your offer of December the 5th and samples of Ground Nuts you kindly sent us.

While we are appreciating the good quality of your Ground Nuts, we regret that your price appears to be on the high side. To accept the price you quoted would leave us no profit in our sales, since the other suppliers are offering lower prices for Ground Nut of the same quality.

Therefore we suggest you reduce the quoted price by 10 percent, otherwise there is no possibility of business.

We look forward to your confirmation.

Yours faithfully.