Olex wishes to advise that there will be two price increases effective 1st April 2008 and 15th April 2008, and will apply to all orders supplied from these dates.
The increases are due to the rise in the price of raw materials and we anticipate that having two small increases will have a lesser impact than one large increase.
To assist in your planning, the following increases will apply:
Product Type |
1st April 2008 |
15th April 2008 |
Copper Power Cables |
5.0% |
4.5% |
Aluminium Cables |
7.5% |
0.0% |
Instrumentation & Flexible |
3.0% |
2.5% |
Glands & Accessories |
0.0% |
0.0% |
In regards to our range of Industrial Cables, there will be an increase of between 3% and 5% on 1st April 2008 and between 2.5% and 4.5% on 15th April 2008 for various products within this range.
In recognition of the current volatility of the movement in metal prices, Olex has decided to revaluate the implementation of the price list restructure. Further information regarding the intended changes to the price list will be available shortly. Please note that the Price Lists (dated 14th April 2008) that were distributed in advance of the restructure will now become void.
Unfortunately the Olex Price List will no longer be printed; however it will be available for download from our website:
www.olex.co.nz/Products/Price-Lists.html
We very much appreciate your custom and look forward to our continued working relationship with you.