Rising Prices…

March 29, 2008 | 1 | Matt Dickinson

Reading Time: 1 minute

Hi all,

Just a quick heads up to DYI and contractors alike that a price increase on foreign made products, particularly Chinese, is coming down the pipe.

Many in the industry have been expecting these increases due to the growing strength of the Yuan Renmibi in relation to the struggling USD. They are now beginning to trickle in. While current supplies of foreign made flooring in North America should hold today’s pricing, look for a price increase as that stock depletes.

Cheers,

Tom

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Matt Dickinson

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