Interviews
Shenma Group to hike prices
14 Sep '07
1 min read
China Shenma Group to raise sales prices of nylon 66 industrial filament and cord fabrics
Shenma Group has decided to raise the sales price of nylon 66 industrial filament and Cord fabrics considerably.
Wang Lian Shan, Vice President of Group explained that despite their efforts to lower production cost have not been very successful.
He said that since rates of raw materials, transportation, energy and procedures to protect environment were rising constantly, the group was forced to raise product prices. Besides, RMB also continued its appreciation.
The price hike was aimed at helping the company provide quality products and excellent service to its customers.
Shenma Group has decided to raise the sales price of nylon 66 industrial filament and Cord fabrics considerably.
Wang Lian Shan, Vice President of Group explained that despite their efforts to lower production cost have not been very successful.
He said that since rates of raw materials, transportation, energy and procedures to protect environment were rising constantly, the group was forced to raise product prices. Besides, RMB also continued its appreciation.
The price hike was aimed at helping the company provide quality products and excellent service to its customers.
Fibre2fashion, News Desk - China
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