Notification of Pricing Adjustment
Dear Sir:
We regret to inform you that escalating costs of raw materials necessitate that we raise the price of our products. We have made every attempt to avoid the increase by negotiating with our supply base. While successful in avoiding even higher costs, we were unsuccessful at eliminating adjustments altogether.
Our continual efforts to optimize operational costs are being outpaced by raw material increases. It is therefore necessary for price to be adjusted in order to maintain a sustainable business model that delivers the quality you have come to expect and demand.
All orders after 1 FEB, 20xx must be invoiced at the new rates. As always, thank you for the business you place with us and appreciate your understanding regarding this necessary course of action.
ABC (shenzhen) co.Ltd.
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