To Our Valued Customers,

We are reaching out with a critical market update regarding our polyester-based ties, scarves and jacquard fabrics, to help you plan orders in advance and avoid unexpected cost increases.

Due to the recent geopolitical tensions affecting global oil supply, polyester fiber — a key petroleum derivative — has seen a sharp surge in raw material costs across the industry.

Fortunately, Shengzhou Covherlab Garment & Accessories Co., Ltd stocked a large volume of polyester yarn ahead of the Chinese New Year. Thanks to this inventory, we are holding our original pricing for all polyester-based ties, scarves and jacquard fabrics for now, with no price increases at this time.

Important Alert: Our pre-stocked polyester inventory is expected to run out by the end of this month. Once inventory is depleted, we will likely have to adjust prices upward to match soaring raw material costs, due to ongoing market uncertainty.

Good News: Products made of cotton, linen and pure silk are unaffected by this raw material fluctuation — their prices remain stable with no changes planned.

We highly recommend placing your orders for polyester-based items as soon as possible to lock in the current original price and avoid future price hikes.

For any order inquiries or further clarification, please feel free to contact our sales team at any time.

Thank you for your continued trust and support.

Best regards,

Shengzhou Covherlab Garment & Accessories Co., Ltd

Date: March 17, 2026