Regarding to price increase announcement.
We cannot accept the reason is causing by the Thai Baht has fallen substantially against by the US dollar.
“When Thai Baht was strong, we also never got price down.”
Also we believe as Markem is worldwide company, the exchange rate must be controlled and handled very well.
This cost should be thrown to customer. Same thing that our local customers do not accept the exchange rate cost and we handle this issued.
And this is worldwide general practice that the company need to handle and control exchange rate as we already asked from our financial consultant .
Furthermore, the market price of raw material and fuel cost is down.
On the other hand, we have to ask a favor from you to give 5% discount for 2016 all year long.
This is strong direction from Chromalloy corporate.
In view of this, please re-consider to decrease price down for us.
Please advise the way we can do.
- Blanket order.
- Price agreement contracts.
Etc.