NEWS CENTER

Liaocheng Yongsun Machinery Co., Ltd.
Add:No. 60 Xinghuaxi Road, Dongchangfu District, Liaocheng, Shandong, China
Email:yongsun@garden-agri.com
Tel:+86 635 8271811, 8271822
Fax:+86 635 8271844
www.garden-agri.com

Cost Rising of Raw Materials and Sea Freight

Cost rising of raw materials and sea freight

 

Dear Customers:

 

Due to various reasons, China's various industries will have an unprecedented price increase, which ranging from 5% to 50% because of drastic raw material cost increase covering brass, steel, aluminum, all plastics, etc.

 

What we want to tell you is that in addition to the exchange rate, raw materials and other factors, the most important factors which influence the price are international politics and finance.

 

Due to COVID-19, many countries are constantly issuing currency, and trying to ease the economic crisis.  The United States is using its currency hegemony to pass on the crisis to the whole world by issuing a large number of US dollars.

 

Therefore, price increasing is an inevitable trend in the future, just a matter of more or less.

 

In addition, the major shipping companies have also jointed to raise freight rates recently.

We hope you can make reasonable order & shipping plans.

 

It is a difficult time now, but opportunities and risks often coexist.  We will keep hard working to supply quality Easyto sprayers and foggers worldwide to fight against Covid-19 virus.

We am willing to work with you to tide over the difficulties.

 

(2021.05)