Dear Business Partners,
We would like to thank you for your continuous support to SINOCMC as we are still committed to cooperate with each other and achieve mutual benefits, especially in the context of the epidemic this year.
As we enter winter, with the influence of policy-based production restriction, the price of Sodium CMC raw material rises significantly. As a result, our cost rises sharply. According to the market situation, our company has decided to raise the product price USD50-150/ton starting from November 18, 2020.
Besides, the freight has been rising rapidly since September, and it has become difficult for us to control and predict. We sincerely hope that if you have advantages in booking shipping space, we highly suggest FOB terms.
We hope that through our communication and efforts we could reduce the cost to the minimum. We are very sorry for the inconvenience caused by the price increase and hope to get your kind understanding and support.
SINOCMC Team
NOV-18-2020