From,
The Manager,
__________(Name of the Company)
__________(Address)

Date: __/__/____(Date)

To,
__________(Name of the Company- if applicable)
__________(Name of the Client)
__________(Address)

Subject: Letter for the increase in price

Respected Sir/Madam,

Courteously, I am writing this letter on behalf of the __________(Company Name), this is to inform you that there will increase prices upto __________(Percentage of increase) in __________(Mention product) will put into effect from __________(Date). This increase is due to __________(Reason- increase in the price of raw materials/ increase in quality of product/ unavailability issues/ additional services/ manufacturing cost/ transportation issue, any other reason). All orders received on or after__________(Date) will be invoiced at the new price.

We wish to thank you for your support in all these past __________(Years/ Months) and hope that will understand the necessity for this price increase. If you have any questions regarding this, please feel free to contact us.

Yours Faithfully/Sincerely,

__________(Signature)
__________(Name)
__________(Name of the Company)

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