We wish to inform you of an upcoming adjustment to our pricing structure, set to take effect on 1 September 2024. Recent global market conditions have led to a significant increase in the costs of raw materials—specifically, Natural and Synthetic Rubber—by 20 - 24%. Additional surcharges on ocean freight due to ongoing geopolitical events have further compounded these pressures.
In recognition of our commitment to you, we will provide a month of pricing protection, ensuring that any orders placed; that can be sent out before September 1st 2024 will be honoured at current prices.
We appreciate your understanding and continued partnership during these challenging times. Should you have any questions or wish to discuss this further, please do not hesitate to contact us.