Fill in each of the following blanks with one appropriate word. Dear Mr. Wang, Thank you for your letter of the 20th August, __ _1_ __ us 4,500 kilograms of peanuts at £ 5 per kilogram. We regret to say that we find your price rather ___ 2_ __ and we believe we'll have a hard time convincing our clients at your price. Besides,there's ___ 3_ __ competition from suppliers in South Korea and Thailand.You can't very well ignore that. Should you be ready to ____ 4 ___ your price by 5%, we might come to business. __ _5_ ___the long-standing business relationship between us, we make you such a counter-offer. As the market is _ __6__ __, we hope you will consider our counter-offer most favorable and email us as soon as ___ 7_ ___. Yours sincerely,