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Fabric Costs And Prices Increasing Alert

Feb 11, 2017

Due to the Chinese New Year break which lasts about a week for white collars, and around a month for blue collars in China, the textile raw material market is experiencing the costs and prices increase before and after the CNY.  

It is especially obvious in the circumstance of 2017 CNY that the exchange rate for RMB and USD has become somewhat 6.8RMB equals to 1USD.  Thus, i hereby stand for the entire crews and staff of Ruili Textiles to inform our clients and say sorry for the rising prices.  But since the whole market is rising the prices as well as shipping fees, we didn't rise our prices so outrageous that our clients are not accepting them, and price will bonce back once it reaches the peak.