Structrual Price Increase, Related with Your Transaction Price

Important Industry News:

Recently, there is a top to toe Structual Price Increase. The packing，printing, raw material,logistic are all rising their price. What's more, the stainless steel has been rising for more than 2 month and the carton price arises at the rate of 20% -30%.

End of a year is also a peak season, most of clients want to deliver their goods before Chinese New Year (January 27th). For now, thousands of orders flood in, causing the carton factory in overloaded operation. It almost stops new orders.

We realize that this is not a temporary price rising and it may finally influence the price without advanced preparation. Now, our factory is also actively to stock materials. But we still need to consider the Storage Cost, so all the stock plan is based on the confirmed orders. Orders without material preparation may have higher price as we quoted before.

So, maybe the purchasing plan need to be speeded up in your side. Really hope this timely news will help you on some extent.

Best regards,

Wendy