The epidemic had outbroken more than 2 years since 2020, which caused various regions of global economic was in depression. With the economy keeps decreasing, internation security environment change accordingly. We sincerely hope epidemic ends soon and Hope world peace!
Affected by the epidemic and current internation situation, the price of commodities are rising, such as oil,coal,metal, grain etc. Also it caused the production cost much higher than last year directly, price of each item became higher. At the same time, price of items export from China much higher than before,also lead to CPI in America, Europe and other nations stay at a high level.
Some of our clients doubted why price of each item so much higher than last year, actually we can get the answer from above analysis. Although we had did our best to compress costs and reduce profits, current market situation caused production cost keep increasing. But in any event, please trust that RICH FOODS will work for providing good quality with most competitive price to you all the time. Furthermore, we also need to adapt to current situation and accept the fact that price of commodities raised a lot.
RICHFOODS wishes there were no wars in the world and the global economy can recover soon!