The raw material costs continue increasing

For the past 12 months, all of our material suppliers have increased the raw material prices. There are many factors causing the increase including global supply & demand, the earthquake in Japan, the price of oil, the flood in Thailand, and many others. In addition, Natural Rubber has gone up over 300% in price in the last year.

At this time it appears that material pricing will continue to escalate as long as the demand is high.