To,
____________,
____________,
____________ (Receiver’s details)
Date: __/__/____ (date)
Subject: Price increase
Respected Sir/Madam,
Thank you for continuing to be a valuable customer to our company. Looking at the current scenario with the sudden increase in the price of ___________ (mention raw material), we had to issue an increase in the price of the following items:
1. _____________ (Product name)
2. _____________ (Product name)
3. _____________ (Product name)
The list of updated prices will be shared with you by _______________ (date). We expect your kind understanding of the increase in price. We assure to serve you better and thank you for continuing to choose us for such a long duration in the past and believe to do better business in the future as well.
For ____________ (name of the company),
____________ (your name, signature, and stamp),
____________ (designation),
____________ (contact details)
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