NEWS

Important Pricing Update! Water Pump Raw Material Prices Rise

May. 21, 2024

Important Pricing Update! Water Pump Raw Material Prices Rise

Dear Valued Customers,

We would like to bring to your attention an important update regarding the recent surge in copper prices and its impact on our product pricing. As you may be aware, the global copper market has experienced unprecedented volatility, resulting in a significant increase in raw material costs. Unfortunately, this situation has necessitated a pricing adjustment for all our products.

Effective immediately, we regret to inform you that there will be an overall price increase of 3%-5% across our entire product range. This decision was not taken lightly, and we have made every effort to minimize the impact on our valued customers. However, in order to maintain the high quality and reliability of our products, it has become necessary to adjust our pricing to align with the current market conditions.

To provide you with a clear understanding of the price increase, we would like to share an example of the adjusted prices for two of our popular selling models: 

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We understand that price adjustments can be challenging, and we want to assure you that we remain committed to providing you with exceptional products and service. Our team has worked diligently to optimize our operations and minimize any disruption caused by these external factors. We will continue to explore cost-saving measures and negotiate with suppliers to mitigate the impact of rising costs wherever possible.

Thank you for your continued trust and partnership.

Sincerely,

Stream Pumps


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