[Your Company Name]
[Your Company Address]
[Letter Date]
[Customer Name]
[Customer Address]
Dear [Mr/Ms/Mrs]
RE: NOTIFICATION OF PRICE INCREASE
We thank you for your valuable support in the past and the good business relationship established between us.
Recently, due to the increment of the raw materials and others cost, we regretted to increase 5% of the price for [Product Name] with effective from [Date].
We hope our price will meet your kind consideration and assuring you of our best services.
Yours sincerely
[Signature]
[Title]
[Your Company Name]
