Dear Sir,

After completely and successfully selling whole 2014/15 crop, we are pleased to pre-book the orders for 2015/16 Crop of African Raw Cotton with following specification.

Origin: Burkina Faso

Cotton Description: Bola S

Staple Length: 1 3/32 (HVI attached)
Strength: 28GPT
Micronaire: 3.5-4.9NCL
Trash: < 3%
Moisture: < 8.5%

Crop: 2015/16

Quantity: Minimum 500 tons (upto 3000 tons a month)

Deliveries: December 2015 onwards

Payment: LC to HSBC Hong Kong

Price Option (1): Estimated Price is US$0.63/Lb CIFC1% Major South Asian Port for single orders‎, please consult for exact price with destination port and quantity (Subject to order quantity and confirmation)

Price Option (2): We would prefer year long contracts for steady business. For year long contracts price can be fixed for an year at US$0.62/Lb CIFC1% Major South Asian Port (Subject to order quantity and confirmation)

Price Option (3): We would prefer year long contracts for steady business. For year long contracts price can also be linked with ‎major trading entity like ICE cotton # 2 price with average of 10 trading days 5 days to and from BL date for price US$0.62/Lb relative the ICE price at singing date of the contract. (Please see attached worksheet for better understanding).

Thanks & regards,

Yue Fung Group / Hickman Int'l
Unit 209-210, 2/F., Lai Sun Yuen Center,
27 Wang Yip Street East,
Yuen Long, N.T. Hong Kong 
Tel: +852 5802 5525
Fax: +852 2697 2229
Mobile: +852 9551 9100 
Whatsapp / Viber: +852 9551 9100

QQ: 2496664022

BBM Pin: 2C041A35