Enquiry

Enquiry, also known as inquiry, refers to the process by which a party buys or sells a commodity and inquires the terms and conditions of the paction orally or in writing.

Its contents can be simplified, and can only ask the price, or ask other relevant paction conditions.

Enquiries are not binding on buyers and sellers. The party who accepts the inquiry can give a reply or not.

However, as a starting point for trading negotiations, the business side is accustomed to receiving the enquiry promptly.

(1) the buyer's enquiry is the letter sent by the buyer to the foreign manufacturer to ask for the necessary goods.

In actual business, enquiries are usually issued by the buyer to the seller.

For enquiry, please quote the lowest price of grey duck down.

Please make an offer of 50 metric tons of extra amber honey.

In the buyer's inquiry process, we should pay attention to the following questions: for most of the major commodities, we should inquire separately to different regions, countries and manufacturers, so as to understand the international market situation and strive for the best terms of trade.

Enquiry is not legally binding on the issuer, but it is easy to lose credibility if it tries to avoid enquiry without buying sincerity.

In order to prevent the other party from taking the opportunity to raise their prices, we should put forward more varieties for the commodities with strong monopoly.

(2) the seller's enquiry is a letter sent to the buyer to inquire about his purchase advice.

For example, it can be used for soybean in Northeast China. Please deliver it.

Most of the enquiries made by the seller to foreign customers are to find out the market's actual situation, choose the time to deal with the market and seek favorable trading conditions when the market is in turmoil and abnormal supply and demand.