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2020-12-09, 13:41

Songwon: Global price increases due to higher freight rates

Songwon Industrial Co., Ltd. recently today that prices for all its products will be raised by 2-5 percent, depending on business line and region.

These price increases are a consequence of the sudden escalation of freight rates that took place on most routes.

The new prices are effective as of January 1, 2021, or as contracts allow.

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More information: www.songwon.com

Songwon Industrial Co., Ltd., Ulsan, Korea

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