Sigma Price Increase Letter Sept 2013
Dear Valued Customer,
Due to continued tightness in feedstocks and improving global and domestic market demand, our resin suppliers have informed us of their intentions to implement a resin increase effective September 1st. In addition to this September increase, some suppliers have also announced another increase effective October 1st which we will monitor and address at a later date.
In response to the September 1st resin increase, all new orders received on or after September 30th will be priced at a 7% increase.
All orders must call for immediate delivery and ship no later than October 31, 2013. Based on current lead-times and shortness of resin supply, Sigma Stretch Film can only accept a limited number of new orders. Sigma Stretch Film reserves the right to accept or decline all orders for any reason. Please check with your local plant location.
Orders placed at current prices will be limited to less than one month of your normal purchase levels. Pricing for orders accepted is based upon local lead-times and available resin.
Sigma Stretch Film sincerely appreciates the trust you place in us to be your supplier and we value your business. While price increases are never easy, Sigma Stretch Film strives to communicate these increases with adequate lead time and only when they are likely to be implemented. Sigma Stretch Film will always be competitive and will adjust film pricing should this resin increase be modified or unsuccessful.
Your Sigma Stretch Film sales representative will be in contact with you to answer any of your questions and advise you of changing market conditions.