Just to keep you informed of the upcoming price increases in the carpet industry, here are some excerpts from a couple letters sent to us by the mills.
Mohawk stated in a letter dated April 25, 2008:
“The recent series of increases occuring in the energy sector have continued to plague the floorcovering industry. As oil approaches historical records, the entire raw material chain associated with carpet production has been negatively impacted by these trends. While we have continued our efforts to mitigate the impact of high enrgy and material costs through a combination of aggressive cost controls, expense reduction and increased prices, these latest rounds of further material increases by our suppliers in polymer, fiber, backings and latex have required us to raise carpet prices. Effective with order of all residential and commercial carpet products on June 3rd, and shipments after June 16th, we will be increasing prices by a range of 4-7%…”
On April 29th, 2008 Beaulieu had this to say:
“Raw materials and energy used to produce and transport carpets have continued to increase during the first quarter and into the second. During the past four months, we have been absorbing these additional cost increases. We had hoped to see these increased raw material costs to subside. Unfortunately, they have not, and we must pass them along both in carpet and freight surcharges.
Effective with order on June 2nd and shipments on June 16th we will increase carpet prices 4-8%.”
Here at Carpet Express, we fully comprehend the frustration of rising prices. We will continue to offer our floorcovering products at the best discount prices we can.