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<http://customer35236.musvc5.net/e/r?q=3DP4%3d0DP5_Jkye_Uu_Nfuj_Xu_Jkye=
_Tz9J4MB.tEuE1K0.94E_Bwhr_LBu_Jkye_TzN3D.uO5P_Bwhr_LB_7smv_H82Ds_Jkye_U=
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KZ>If you are having trouble reading this message, please click here to=
 view it in your browser
=0AM. A. M. Trading Corporation.Meeting Invitation
=C2=A0
Dear Mr. Charleston,
=C2=A0
Good Day..Market information and the business activities.=C2=A0PEPPER:=C2=
=A0We are now expecting the new crop of VIETNAM pepper to begin & along=
 with this seeing historically low prices for this commodity which in V=
ietnam Dong is approximately VND 47,000 =E2=80=93 VND 48,000 per kg whi=
ch is the average production cost of black pepper. If we see more press=
ure in March & if the demand gets into full swing then this would have =
majorly affect the farmer=E2=80=99s losing money and with this we would=
 really see how they would react, if prices go yet lower than these lev=
els.. and what will be the effect on the future crop from 2020 onwards!=
!=C2=A0These low prices were seen in 2008 and now once again after a de=
cade which clearly indicates the lower cycle in commodity pricing and i=
t is advisable & safe for buyer/s at this moment to start taking long p=
ositions at these rock bottom prices..!=C2=A0Also, there might be an ex=
tremely limited downside in terms of pricing which in turn would gradua=
lly and steadily turn around either during this year or definitely in t=
he next year.=C2=A0Just for your information, we would like to inform y=
ou that this year the Vietnamese pepper crop is forecasted to be about =
2,50,000 =E2=80=93 2,75,000 metric tons compared to last year=E2=80=99s=
 production which was about 2,25,000 to 250,000 metric tons.=C2=A0We wo=
uld like to give you the following price idea for Vietnam pepper, shipm=
ent to be in February, 2019 / March, 2019.. on FOB HCMC basis:
=C2=A0
=E2=80=A2=C2=A0 Black pepper 500 g/l, Machine clean @ USD 2,400 pmt=E2=80=
=A2=C2=A0 Black pepper 550 g/l, Machine clean @ USD 2,500 pmt=E2=80=A2=C2=
=A0 Black pepper 570-580 g/l, 5MM bold 80-85% @ USD 2,600 pmt=E2=80=A2=C2=
=A0 White pepper, 620 g/l, double washed @ USD 3,650 pmt=C2=A0Now looki=
ng at the BRAZILIAN Origin=E2=80=A6 !!=C2=A0More than Vietnam, this tim=
e we have been seen more selling pressure from this origin as the crop =
quantity in 2018 is much big of approximately 75,000 metric tons & with=
 this large quantity available, Brazil is aggressively selling at low p=
rices which has indirectly forced Vietnam to follow the Brazil price tr=
end i/o vice versa.=C2=A0The main reason for this is the Vietnam crop b=
egins in the month of January and till August it is sold out, whereas t=
he Brazil crop starts in September/ October and so Vietnam tends to fol=
lows the Brazil prices.=C2=A0Annually, on an average the Brazil pepper =
crop is generally 35,000 metric tons, but this year we have seen an unb=
elievable 100% increase in the production which is nearly 70,0000-75,00=
0 metric tons which in turn has astonished everybody leading to more se=
lling pressure from this Origin to not only the U.S. & European markets=
 but also to the Asian & Middle-eastern markets as there is very high d=
emand.=C2=A0We hereby quote price idea for Brazil BASTA 560 g/l, Machin=
e clean @ around USD 2,200 pmt - USD 2,225 pmt levels on FOB basis for =
March shipment/s.=C2=A0We shall keep you regularly updated on the marke=
t prices, movement & forecast to the best of our ability.=C2=A0Also, re=
quest you to kindly let us have your firm enquiries for Pepper enabling=
 us to quote our best competitive prices.=C2=A0DESSICCATED COCONUT:=C2=A0=
We are once again seeing the lowest price which we have not seen during=
 the last three years.=C2=A0In 2015-2016, the DC prices were quite on t=
he upward side & steadily increasing too from USD 800 pmt levels to USD=
 1,200 pmt, then again an increase from USD 1600 =E2=80=93 USD 2,000 pm=
t levels & the by 2017 =E2=80=93 early 2018, it touched USD 2,300 pmt l=
evels which was indicated as the peak price.=C2=A0However, during the l=
ast 6 months, there has been a sharp decline in the prices mainly from =
Vietnam origin and it has come down nearly 50% of the peak price =E2=80=
=93 which means a very big reduction in such short span of time.=C2=A0A=
lso, looking at the other origins such as Indonesia, Sri Lanka have bee=
n following Vietnam on the lower side but still the prices quoted from =
these origins are comparatively higher than Vietnam origin.=C2=A0It is =
difficult to also know the exact production quantity from these origins=
=E2=80=A6 although there was big production increase for this commodity=
, there seemed quite a lot of reduction in prices due to the local mark=
ets not supporting as the prices were highly at the peak.=C2=A0Now, we =
would like to brief you on the price structure for the DC market, nonet=
heless the price quoted from Vietnam origin are more competitive than t=
he other origins=E2=80=A6 if at all you have any firm enquiries, do let=
 us know enabling us quote our best offers to you..=C2=A0Desiccated Coc=
onut, price:Vietnam DC, high fat FINE GRADE, 7 kg.s packing @ USD 1,150=
 pmt on the basis of CFR Middle - east ports.=C2=A0Vietnam DC, high fat=
 FINE GRADE, 25 kg.s packing @ USD 1,130 pmt on the basis of CFR Middle=
 - east ports.=C2=A0Indonesian DC, high fat FINE GRADE, 25 =E2=80=93 50=
 kg.s packing @ USD 1,225 pmt on FOB basis.=C2=A0Sri Lankan DC, high fa=
t FINE GRADE @ USD 1,550 pmt on FOB basis.=C2=A0VIETNAM CASHEW:=C2=A0Co=
ming back after the New Year holidays and entering the second half of t=
he first month, we have been observing that the prices for cashew kerne=
ls are still at lower levels .=C2=A0Due to the upcoming Chinese new yea=
r=C2=A0 holidays, only large factories are still operating that too onl=
y moderately & small factories have almost stopped their operation. In =
spite of these two factors, the price of cashew has not increased.=C2=A0=
Supply of RCN will start in full swing again from 2nd half February onw=
ards with the Cambodian and Vietnamese crops, followed by West African =
RCN shipments.=C2=A0We predict that after the Chinese new year holidays=
 (around end of Feb), the price of kernel will slide even lower due to =
the arrival of these crops. Negotiations are ongoing between Vietnam & =
Tanzania for them to sell their RCN. Tanzania tried to impose crude cas=
hew prices on the world market, but with their small production compare=
d to the world's total raw cashew production, they failed. Now they nee=
d to export around 220,000-250,000 tons (after deducting the domestic p=
roduction). Some sellers have already started to offer until June, as t=
hey have a strong indication that market will be weaker.=C2=A0EU custom=
ers that have demand for March shipment want to wait as they also share=
 the same belief that prices will go down due to the above mentioned re=
asons.=C2=A0Also due to the impact of the US-China trade war, the expor=
t of US almonds to China are facing many difficulties. This has resulte=
d in a large amount of almonds still in US, they are forced to increase=
 consumption of this product in the domestic market. It is also a reaso=
n why a large stock of kernel is there, causing importers not to be int=
erested in new purchases. =C2=A0Please find below our offers for Feb/Ma=
rch shipment:FOB HCM, flexi packing.=C2=A0WW240=C2=A0=C2=A0 -=C2=A0 USD=
 9,125/MTSWW320=C2=A0=C2=A0 -=C2=A0 USD 8,125/MTSWS=C2=A0=C2=A0=C2=A0=C2=
=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 -=C2=A0 USD 6,785/MTSLP=C2=A0=C2=A0=C2=
=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0=C2=A0 -=C2=A0 USD 5,300/MTS=C2=A0=
NOTE: The above prices are subject to our reconfirmation.=C2=A0We remai=
n at your disposal.=C2=A0
Thanks and Best Regards,
Masood Saifudeen.M.A.M. Trading Corporation.=C2=A0=C2=A0=0AM. A. M. Tra=
ding Corporation.Telephone (O): +912223452052 FAX: +912223450352 / +912=
223734566=0A=0AMobile: +919967623727 / +919819123727 Email: trade@mamgl=
obal.com / masood@mamglobal.com=0A=0ASkype: MAMTRADING65 | Website: www=
.mamglobal.comMessage sent with=C2=A0=C2=A0<http://customer35236.musvc5=
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<!DOCTYPE html><html><head><title>Mr. Charleston VISIT US AT Worldfood =
Istanbul 2018</title></head><body><img alt=3D"" src=3D"http://customer3=
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tant;padding-bottom:0!important;padding-right:0!important;padding-left:=
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center;"><a href=3D"http://customer35236.musvc5.net/e/r?q=3DP4%3d0DP5_J=
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to-style3" style=3D"padding: 5px; width: 600px; border-width: 1px; bord=
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=0A<tbody>=0A<tr>=0A<td style=3D"height: 91px; background-color: rgb(25=
5, 255, 255);" valign=3D"center" align=3D"left">=0A<table style=3D"bord=
er-width: 0px; border-style: solid;" width=3D"100%" cellspacing=3D"0" c=
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idth=3D"149" height=3D"120" align=3D"right">=0A<p style=3D"padding: 30p=
x;"><strong><font size=3D"5" face=3D"Arial" color=3D"#000">=0AM. A. M. =
Trading Corporation.</font></strong><br><strong><font size=3D"2" face=3D=
"Geneva, Arial, Helvetica, sans-serif" color=3D"#000">Meeting Invitatio=
n</font></strong></p></td></tr></tbody></table></td></tr>=0A<tr>=0A<td =
class=3D"auto-style1"><hr></td></tr>=0A<tr>=0A<td><p class=3D"MsoNormal=
" style=3D"margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Cali=
bri, sans-serif; caret-color: rgb(0, 0, 0); text-size-adjust: auto;">&n=
bsp;</p><p class=3D"MsoNormal" style=3D"margin: 0in 0in 0.0001pt; font-=
size: 11pt; font-family: Calibri, sans-serif; caret-color: rgb(0, 0, 0)=
; text-size-adjust: auto;"><span style=3D"font-family: Arial;"><span la=
ng=3D"EN-IN">Dear Mr. Charleston<span class=3D"Apple-converted-space">,=
</span></span></span></p><p class=3D"MsoNormal" style=3D"margin: 0in 0i=
n 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; caret-co=
lor: rgb(0, 0, 0); text-size-adjust: auto;"><span style=3D"font-family:=
 Arial;"><span lang=3D"EN-IN">&nbsp;</span></span></p><p class=3D"MsoNo=
rmal" style=3D"margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: =
Calibri, sans-serif; caret-color: rgb(0, 0, 0); text-size-adjust: auto;=
 text-align: justify;"><span style=3D"font-family: Arial;"><span lang=3D=
"EN-IN">Good Day..<br>Market information and the business activities.<b=
r>&nbsp;<br><strong>PEPPER:</strong><br>&nbsp;<br>We are now expecting =
the new crop of VIETNAM pepper to begin & along with this seeing histor=
ically low prices for this commodity which in Vietnam Dong is approxima=
tely VND 47,000 =E2=80=93 VND 48,000 per kg which is the average produc=
tion cost of black pepper. If we see more pressure in March & if the de=
mand gets into full swing then this would have majorly affect the farme=
r=E2=80=99s losing money and with this we would really see how they wou=
ld react, if prices go yet lower than these levels.. and what will be t=
he effect on the future crop from 2020 onwards!!<br>&nbsp;<br>These low=
 prices were seen in 2008 and now once again after a decade which clear=
ly indicates the lower cycle in commodity pricing and it is advisable &=
 safe for buyer/s at this moment to start taking long positions at thes=
e rock bottom prices..!<br>&nbsp;<br>Also, there might be an extremely =
limited downside in terms of pricing which in turn would gradually and =
steadily turn around either during this year or definitely in the next =
year.<br>&nbsp;<br>Just for your information, we would like to inform y=
ou that this year the Vietnamese pepper crop is forecasted to be about =
2,50,000 =E2=80=93 2,75,000 metric tons compared to last year=E2=80=99s=
 production which was about 2,25,000 to 250,000 metric tons.<br>&nbsp;<=
br>We would like to give you the following price idea for Vietnam peppe=
r, shipment to be in February, 2019 / March, 2019.. on FOB HCMC basis:<=
/span></span></p><p class=3D"MsoNormal" style=3D"margin: 0in 0in 0.0001=
pt; font-size: 11pt; font-family: Calibri, sans-serif; caret-color: rgb=
(0, 0, 0); text-size-adjust: auto; text-align: justify;"><span style=3D=
"font-family: Arial;"><span lang=3D"EN-IN">&nbsp;</span></span></p><p c=
lass=3D"MsoNormal" style=3D"margin: 0in 0in 0.0001pt; font-size: 11pt; =
font-family: Calibri, sans-serif; caret-color: rgb(0, 0, 0); text-size-=
adjust: auto; text-align: justify;"><span style=3D"font-family: Arial;"=
><span lang=3D"EN-IN">=E2=80=A2&nbsp; Black pepper 500 g/l, Machine cle=
an @ USD 2,400 pmt<br>=E2=80=A2&nbsp; Black pepper 550 g/l, Machine cle=
an @ USD 2,500 pmt<br>=E2=80=A2&nbsp; Black pepper 570-580 g/l, 5MM bol=
d 80-85% @ USD 2,600 pmt<br>=E2=80=A2&nbsp; White pepper, 620 g/l, doub=
le washed @ USD 3,650 pmt<br>&nbsp;<br>Now looking at the <strong>BRAZI=
LIAN</strong> Origin=E2=80=A6 !!<br>&nbsp;<br>More than Vietnam, this t=
ime we have been seen more selling pressure from this origin as the cro=
p quantity in 2018 is much big of approximately 75,000 metric tons & wi=
th this large quantity available, Brazil is aggressively selling at low=
 prices which has indirectly forced Vietnam to follow the Brazil price =
trend i/o vice versa.<br>&nbsp;<br>The main reason for this is the Viet=
nam crop begins in the month of January and till August it is sold out,=
 whereas the Brazil crop starts in September/ October and so Vietnam te=
nds to follows the Brazil prices.<br>&nbsp;<br>Annually, on an average =
the Brazil pepper crop is generally 35,000 metric tons, but this year w=
e have seen an unbelievable 100% increase in the production which is ne=
arly 70,0000-75,000 metric tons which in turn has astonished everybody =
leading to more selling pressure from this Origin to not only the U.S. =
& European markets but also to the Asian & Middle-eastern markets as th=
ere is very high demand.<br>&nbsp;<br>We hereby quote price idea for Br=
azil BASTA 560 g/l, Machine clean @ around USD 2,200 pmt - USD 2,225 pm=
t levels on FOB basis for March shipment/s.<br>&nbsp;<br>We shall keep =
you regularly updated on the market prices, movement & forecast to the =
best of our ability.<br>&nbsp;<br>Also, request you to kindly let us ha=
ve your firm enquiries for Pepper enabling us to quote our best competi=
tive prices.<br>&nbsp;<br><strong>DESSICCATED COCONUT:</strong><br>&nbs=
p;<br>We are once again seeing the lowest price which we have not seen =
during the last three years.<br>&nbsp;<br>In 2015-2016, the DC prices w=
ere quite on the upward side & steadily increasing too from USD 800 pmt=
 levels to USD 1,200 pmt, then again an increase from USD 1600 =E2=80=93=
 USD 2,000 pmt levels & the by 2017 =E2=80=93 early 2018, it touched US=
D 2,300 pmt levels which was indicated as the peak price.<br>&nbsp;<br>=
However, during the last 6 months, there has been a sharp decline in th=
e prices mainly from Vietnam origin and it has come down nearly 50% of =
the peak price =E2=80=93 which means a very big reduction in such short=
 span of time.<br>&nbsp;<br>Also, looking at the other origins such as =
Indonesia, Sri Lanka have been following Vietnam on the lower side but =
still the prices quoted from these origins are comparatively higher tha=
n Vietnam origin.<br>&nbsp;<br>It is difficult to also know the exact p=
roduction quantity from these origins=E2=80=A6 although there was big p=
roduction increase for this commodity, there seemed quite a lot of redu=
ction in prices due to the local markets not supporting as the prices w=
ere highly at the peak.<br>&nbsp;<br>Now, we would like to brief you on=
 the price structure for the DC market, nonetheless the price quoted fr=
om Vietnam origin are more competitive than the other origins=E2=80=A6 =
if at all you have any firm enquiries, do let us know enabling us quote=
 our best offers to you..<br>&nbsp;<br><span style=3D"text-decoration: =
underline;">Desiccated Coconut, price:</span><br><br>Vietnam DC, high f=
at FINE GRADE, <strong>7 kg.s packing @ USD 1,150 pmt</strong> on the b=
asis of CFR Middle - east ports.<br>&nbsp;<br>Vietnam DC, high fat FINE=
 GRADE, <strong>25 kg.s packing @ USD 1,130 pmt</strong> on the basis o=
f CFR Middle - east ports.<br>&nbsp;<br>Indonesian DC, high fat FINE GR=
ADE, <strong>25 =E2=80=93 50 kg.s packing @ USD 1,225 pmt</strong> on F=
OB basis.<br>&nbsp;<br>Sri Lankan DC, high fat FINE GRADE @ <strong>USD=
 1,550 pmt</strong> on FOB basis.<br>&nbsp;<br><strong>VIETNAM CASHEW:<=
/strong><br>&nbsp;<br>Coming back after the New Year holidays and enter=
ing the second half of the first month, we have been observing that the=
 prices for cashew kernels are still at lower levels .<br>&nbsp;<br>Due=
 to the upcoming Chinese new year&nbsp; holidays, only large factories =
are still operating that too only moderately & small factories have alm=
ost stopped their operation. In spite of these two factors, the price o=
f cashew has not increased.<br>&nbsp;<br>Supply of RCN will start in fu=
ll swing again from 2nd half February onwards with the Cambodian and Vi=
etnamese crops, followed by West African RCN shipments.<br>&nbsp;<br>We=
 predict that after the Chinese new year holidays (around end of Feb), =
the price of kernel will slide even lower due to the arrival of these c=
rops. Negotiations are ongoing between Vietnam & Tanzania for them to s=
ell their RCN. Tanzania tried to impose crude cashew prices on the worl=
d market, but with their small production compared to the world's total=
 raw cashew production, they failed. Now they need to export around 220=
,000-250,000 tons (after deducting the domestic production). Some selle=
rs have already started to offer until June, as they have a strong indi=
cation that market will be weaker.<br>&nbsp;<br>EU customers that have =
demand for March shipment want to wait as they also share the same beli=
ef that prices will go down due to the above mentioned reasons.<br>&nbs=
p;<br>Also due to the impact of the US-China trade war, the export of U=
S almonds to China are facing many difficulties. This has resulted in a=
 large amount of almonds still in US, they are forced to increase consu=
mption of this product in the domestic market. It is also a reason why =
a large stock of kernel is there, causing importers not to be intereste=
d in new purchases. <br>&nbsp;<br><span style=3D"text-decoration: under=
line;"><em>Please find below our offers for Feb/March shipment:</em></s=
pan><br>FOB HCM, flexi packing.<br>&nbsp;<br>WW240&nbsp;&nbsp; -&nbsp; =
USD 9,125/MTS<br>WW320&nbsp;&nbsp; -&nbsp; USD 8,125/MTS<br>WS&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; USD 6,785/MTS<br>=
LP&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; =
USD 5,300/MTS<br>&nbsp;<br>NOTE: The above prices are subject to our re=
confirmation.<br>&nbsp;<br>We remain at your disposal.<br>&nbsp;<br></s=
pan></span></p><p class=3D"MsoNormal" style=3D"margin: 0in 0in 0.0001pt=
; font-size: 11pt; font-family: Calibri, sans-serif; caret-color: rgb(0=
, 0, 0); text-size-adjust: auto;"><span style=3D"font-family: Arial;">T=
hanks and Best Regards,<br></span></p><p class=3D"MsoNormal" style=3D"m=
argin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-se=
rif; caret-color: rgb(0, 0, 0); text-size-adjust: auto;"><span style=3D=
"font-family: Arial;">Masood Saifudeen.<br>M.A.M. Trading Corporation.&=
nbsp;</span></p></td></tr>=0A=0A=0A<tr>=0A<td class=3D"auto-style1">&nb=
sp;</td></tr>=0A<tr>=0A<td>=0A<hr>=0A</td></tr>=0A<tr>=0A<td style=3D"h=
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e=3D"3" face=3D"Geneva, Arial, Helvetica, sans-serif" color=3D"#666666"=
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libri; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-IN; m=
so-fareast-language: EN-IN; mso-bidi-language: AR-SA;">=0A</span>=0AM. =
A. M. Trading Corporation.</font></strong><br><strong><font size=3D"1" =
face=3D"Geneva, Arial, Helvetica, sans-serif" color=3D"#999999">Telepho=
ne (O): +912223452052 FAX: +912223450352 / +912223734566=0A<br>=0AMobil=
e: +919967623727 / +919819123727 Email: trade@mamglobal.com / masood@ma=
mglobal.com=0A<br>=0ASkype: MAMTRADING65 | Website: www.mamglobal.com</=
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--Mark=_636835157256798889287487--
