As announced back in September, Greenfiber has experienced significant increases in raw material costs due to the current pandemic and other international factors. Initially, we hoped to see a reversal of these costs, but now all indications are that prices will remain at this higher level.
At this point in time, it is necessary to implement a 9% price increase on all Greenfiber products. On February 1, 2021, the current $0.35 per bag surcharge will be removed, and the price increase will take effect on any shipment leaving our plants on or after February 1. This increase applies to all Greenfiber products except for our FRM product (INS100).
See original letter HERE