To,
The ________ (Concerned Department)
____________ (Name Of The Vendor),
____________ (Address)

Date: __/__/____ (Date)

Subject: Price reduction

Respected Sir/Madam,

I am ________ (Name) and I serve as __________ (Designation) to M/s _________ (Company Name) .

We are maintaining a good business relation with your company for last _________ (Duration – Months/ Years) and I am writing this letter to seek some reduction in the price of goods that we order. This is to inform you that as we are continuing this relationship for such a long time we want to have some support in the pricing from your side due to ________ (mention your reason for asking reduction in price).

We shall be highly served if we get to hear a positive response from your side. We do look forward to hearing back from you at the earliest.

For,
Company Name,
____________ (Signature),
____________ (Name),
____________ (Address)

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