YAGELI price adjust notice
2021-10-25
YAGELI adjusts pricing model
Unfortunately to inform all new and old custiomers that we have to rose our unit price a bit under the pressure of raw material and restrictions of the electric energy from suppliers and government.
The notice will take effect on October 1, 2021.
This should not be a cause for alarm -- YAGELI is not becoming a primary market scalper -- but it explains why prices have gone up in the way they have and why they might fluctuate in the future.
YAGELI company hasn't made an official statement on this, but some things over the last few months made the product cost go up creazy. Specifically, those things are:
1)Perhaps you have noticed that the Chinese government's recent “dual control of energy consumption” policy has had a certain impact on the production capacity of some manufacturing companies.
2)under the pressure of lucite raw material from supplier
3)Some forwarder company have found a 6x-10x increase in their freight costs
4)as well as sharp and sustained increases in material and labor costs over the last two years.
5)The exchange rate of USD against RMB has fallen seriously. For Chinese sellers, customers need to pay more USD for products with the same RMB price
Due to various pressures, Yageli will raise the prices of some products on October 1, 2021. We apologize for any inconvenience caused by the price adjustment.
In any case, Yageli will always adhere to the interests of customers first, to provide customers with quality products and services, thank you again for your understanding and support
