price increase on Plum Flower teapills, tablets and extract powder formula products are scheduled to go into effect January 1st, 2012

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A price increase on Plum Flower teapills, tablets and extract powder formula products are scheduled to go into effect January 1st, 2012

October 28, 2011

 

Dear Valued Customer,

We have always worked very hard to offer you and your patients high quality herbs and herbal products at affordable prices. We understand that the current economic situation is difficult for many of our customers, and try our best to keep costs down.

For a long time we have delayed adjusting most of our prices to reflect current costs. These costs have risen to the point where we can no longer absorb them, and as such, the price of Plum Flower® teapill and tablet products will be increased effective January 1, 2012. An updated pricelist will be available in November.

As the following news pieces below help to illustrate, this price adjustment is a result of many factors including the worldwide increase in fuel prices, the devaluation of the dollar especially in relation to the Chinese yuan, hoarding and speculation in the herb marketplace, increases in testing parameters and costs, and a rise in the overall cost of maintaining the quality of our products and services.

Should you have any questions or concerns, please call us at (800)262-9929 or email customerservice@mayway.com. Thank you for your understanding and continued support.

Sincerely,

Yvonne Signature

Yvonne Lau
President



Global Prices of Traditional Chinese Herbs Rising

Christian Korpik writes on price increases in the American Botanical Council's HerbalEgram

Caterpillar Fungus Prices Soar Amid China Herb Boom - Video

Stephen Engle from Bloomberg reports from Bozhou in China's Anhui province about the rise in prices of some traditional Chinese medicinal herbs.

Price hike in TCM materials leading industry down wrong turns

Shi Yingying from chinadaily.com reports on rising herb prices.

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