Effective April 4th, 2022, we will be implementing a price increase for our aluminum products and Automate remote controls.
A general summary of the scheduled price increases is below.
Pricing Change Summary
All aluminum products (includes all products that contain aluminum)
|April 4th, 2022
All Automate remote controls
April 4th, 2022
Aluminum price increase clarification
As in recent communications regarding aluminum pricing, we have continued to see dramatic spikes in our costs and continued to bear most of the burden for our customers. We have seen the London Metals Exchange (LME) and our material cost rise at a much more rapid pace than we have translated back to our customers in the form of price increases.
As a benchmark for both our costs as well as a general barometer for the commodity, we’ve included a chart below depicting the steep rise of aluminum costs as reported from the LME below. The cost of aluminum as reported has risen ~55% over the last 12 months and ~30% since our last price increase announced in October 2021.
(LME April 2021 through March 2022 - source: Trading Economics)
Automate remote controls price increase clarification
As previously noted in our February 2021 price increase letter related to tariffs on Automate Lithium-Ion motors, our remote controls were also included within the same tariff burden since that time. For the last 15 months, we have not translated that cost increase back to our customers and covered that burden on our end. Since that time, we have received material cost increases on our remotes and can no longer continue to bear those costs solely at Rollease Acmeda.
Orders placed on or before April 4th, 2022 with immediate release, characterized as released for immediate shipment, will be invoiced at current prices. In order to support our customers as fairly as possible, we will use our discretion to allocate inventory for orders placed between now and April 4th based on allocated existing inventory capable of shipment within this timeframe. We reserve the right to not accept orders that are extraordinary in volume or otherwise materially out of the ordinary.
Orders placed on or before April 4th without immediate release will be invoiced at the new prices. All orders, irrespective of quotation date, entered or released after April 4th will be invoiced at the new prices.
We are committed to our partners and customers and will continue to invest in new and innovative window covering solutions and maintain competitively priced products. We value your business and thank you for your continued support and patience as we navigate through these dynamic changes in the market.
For additional information, please contact your local Rollease Acmeda sales lead.
Official Customer Letter