Lubricant Price Adjustments

In addition to attributing the need for the price adjustments to ongoing increases in the cost for raw materials, and significant increases in the cost of packaging and freight, a number of lubricant manufacturers advised customers that they may experience extended lead times and order delays due to industry-wide shortages.

We’ve been notified by manufactures that customers should expect price increases, as well as, longer than usual lead times and delays on orders due to shortages affecting the entire industry. Additionally, increases in raw material costs, packaging, and freight are resulting in broad based price increases.

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