Raising Prices

Hello all,

It is that time of year again, time to start setting our prices for New Year's items. This year, there will be big increases industry-wide. Here are some of the factors:

- Chinese tax rebate for fireworks exporters has been reduced 8%.
- High demand for space on cargo ships going from China to the US (and little demand for space going the other way) has made the prices of importing go up, especially on items, such as fireworks, that have higher insurance rates for the shipping company.
- Increase in the cost of raw materials, mostly the metals used to give fireworks their color.
- The RMB has been severely undervalued the past few years and is starting to appreciate against the US dollar.

As always, we are going to do our best to keep costs as low as possible. We will also be offering our import program, platinum, and early order discounts to help you save as much as possible on your fireworks.