MON, 6 DEC 2021
- Price increment 5-10% for all PACKMAN products starting on 1/1/2022
- Surging of Shipping container rates & raw material polyethylene (PE) price increase
- We foresee it will continue until next year
A view shows a container ship in the Port of Baltimore, Maryland, November 10, 2021.
Evelyn Hockstein | Reuters
Dear Valued Customers,
We are reaching out to advise you that there will be a price increase of 5-10% of all products, effective on 1/1/2022.
We have tried our best to maintain a reasonable price in offering quality products & services that you all deserve over the 19 months since the disruptive coronavirus pandemic. However, the continued surging of shipping container rates and our primary material, polyethylene(PE), has increased dramatically and passed our sustainable rates. On top of that, we foresee that the cargo container shortage and the fluctuation of raw material prices will persist until next year.
Hence, the increment ensures PACKMAN is able to continue committing quality products and services. So, we highly encourage you to order soon and be prepared for your business. All orders made before 1/1/2022 will be able to enjoy the current unchanged price.
Lastly, PACKMAN & YTH Marketing SDN BHD greatly appreciates your continued business and support through all this challenging time. We wish you all the best in the coming 2022 and may healthy and prosperity finds you well.
If you have any further questions or concerns regarding the price increase, please do not hesitate to reach out. Our team is more than happy to assist you.
CEO & Managing Director
YTH Marketing SDN BHD