Pricing pressure continues to escalate on producers

Russell, Thomas
June 2008
Furniture/Today;6/16/2008, Vol. 32 Issue 40, p2
Trade Publication
The article reports that furniture companies which previously avoided passing price increases to their customers during the April 2008 market in High Point, North Carolina are being pressured by soaring costs to increase furniture prices. Some of the factors for furniture price increases are higher costs of chemicals, rising crude oil prices, rising ocean shipping rates and rising prices of steel components.


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