Wenzhou Shenfei Bearing Trade company released a Price Adjustment Letter

Resource from: CBCC Likes:299

Mar 06,2017

With the influence of environmental protection and cutting overcapacity policies, China’s domestic bearing manufacturers, including SKF, NSK, ZWZ, LYC, C&U, QC, FKG, FK, MYT etc., all raised their prices as the prices of raw materials of bearing steel substantially rose and the costs of packaging materials and transportation increased. Due to the climbing operating cost caused by the rising prices of bearings, Wenzhou Shenfei Bearing Trade company has made great efforts to communicate with bearing manufacturers to cut costs, hardly relieving the pressure on the operation of the company. In order to ensure the stability and reliability of product quality, Wenzhou Shenfei Bearing Trade company made a decision through serious consideration that it had raised prices of the bearing products of all brands it supplies by 10% on the original basic price since March 1st ,2017. At the same time, the company will continue to improve the product quality and provide sincere services to customers at home and abroad.

(CBCC)

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