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Chinese LED Light Manufacturer Changes the Prices of Lighting Materials in 2021 !
Chinese LED Light Manufacturer Changes the Prices of Lighting Materials in 2021 !
To our valued customers:
Thank you very much for your continuous trust and support for OBALS.
Due to influence of subsequent waves of COVID-19, from the July on 2020, the price of all kinds of raw materials has been keeping rising. Below is some data for reference:
Raw Material Name | RisingRate |
Aluminum | 37% |
Iron | 30% |
PCB | 16% |
LED chip | 12.5% |
LED driver | 18% |
Plastic | 35% |
Packaging material | 32.5% |
Copper | 38% |
Glass | 30% |
Zinc alloy | 48% |
Stainless steel | 45% |
In addition, crazy falling of USD currency exchanging rate makes us have to adjust our
unit price to keep balance.
USD to CNY Cha rt
USC - US Dolla * i CNY-Chil eseYuan Renmnt,
Above reasons cause the rising of product cost. Based on the attitude of long-term cooperation and win-win, we have been bearing the rising material cost to coordinate with your purchasing orders by giving up profit. However the continuous rising of raw materials have made us unable to bear any more.
In order to guarantee product’s quality and better service for you, we will adjust the unit price of products according to actual situation from today on. If you have any orders to confirm, please contact with us in advance to get the latest price.
Obals is a professional smart LED lighting manufacturer, from indoor to residential and commercial smart lighting, we’ve got you covered in all the lighting categories. Contact us and let us help you exploring new markets, new opportunities, and more business!
For the inconvenience that we may bring to you, we hope to get your understanding and support.
Sincerely wish your business become better and better.
Thank you.