LTMG Excavator

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Notice of Pricing Adjustment from LTMG
Release Date:2021-08-02 Views:410
Dear Customers, First, thanks for your long-terms support and trust in LTMG. Due to the fast raising of raw materials prices and appreciation of RMB since last year, especially from March of this year, most commodity like steel, copper, aluminum, rubber, have successively set new record high, we regret to inform you that we have to raise our product prices and adjust the quotation validity period. We have made every attempt to avoid the increase by cutting our labour cost, increasing our efficiency, negotiating with supply bases, but we were unsuccessful at eliminating adjustments altogether. Compared with last year, the price of Iron Ore increased by over 152%, Copper Increased by 124%, Aluminum increased by 81%, other main industry material like rubber, coal also has a huge increasing. It causes engine, gearbox, pump, valve, tires, steel plates price all-round rise, we are forced to market pressure.




Xiamen LTMG has been adhering to the "quality first, customer first" value concept, assure high configuration, high performance, high quality product design and manufacturing process. Continuously Maximize value for customers is our final goal.

In order to ensure the quality of products, follow the concept of healthy and sustainable development, we decided from May 11st, 2021, The prices of our products will increased by 5%~15%. And all valid quotations before May 11st will
be void if they are not paid within three days. All new quotations after May 11st, validity only within 3 days after quotation issued. Hereby inform you and thanks for your understanding and support! As always, We will return our trust and support with high quality products and high efficiency service.

LTMG MACHINERY GROUP CO.,LTD.
May 11 st , 2021