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Old 01-05-2011, 03:00 PM
Sheryl@Semroc Sheryl@Semroc is offline
Craftsman
 
Join Date: Mar 2005
Location: Knightdale, North Carolina
Posts: 199
Default Pending Restocks

We do not increase our prices all at one time. We increase prices on a per item basis when we restock or rekit product. If we do not have to restock a kit for many months, creeping prices on raw materials make it necessary to raise the price when we do rekit. We do not raise prices on kits that are already in the bag at the old prices.

Tubes increase about 5% per year and balsa planks just went up again. China is buying up most of the 6-8 lb per cubic foot balsa and are willing to pay a premium of up to 250% to get it. With the devalued dollar against the yuan, their money goes farther. We have been notified to expect another 50% increase in balsa prices over the next few months. We have recently been assessed a 25% adder to get selected balsa and the lengths are 36" instead of 48", which generates more waste.

This will affect the industry and will impact the larger kits more than the smaller ones. Here is a list of the upcoming kits that we are restocking now at current raw material prices and the current projected price:


Swift-BG $14.50 -> $16.00
Magnum Hornet $16.50 -> $17.50
SLS Brighton $75.00 -> $87.00
SLS Laser-X $53.50 -> $55.00
Geehod $22.00 -> $24.00
Hydra VII $45.00 -> $49.50
Saturn 1B 1/70 $70.00 -> $76.00
SLS Aero-Dart $47.00 -> $50.00

As each one runs out over the next few weeks, we will increase the price on the new kits. If balsa, tubes, matboard, or any other primary raw material goes up between now and then, the prices could be higher.

We do not announce price increases to the general public since it is an ongoing thing, but we will try to make sure the SAM's get some advance warning.
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