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As if 2020 needed any other bad news, several cigar companies will be increasing prices at the beginning of the next year. So far Perdomo, Padilla, Casa Cuevas, and E.P. Carrillo have all announced price increases that will affect at least some of their brands. Below you’ll find details on which cigars will go up in cost and how drastically. Look at this as your opportunity to stock up at Best Cigar Prices before the price changes hit!
Perdomo is going to be forced to increase prices across four of its brands. According to Nick Perdomo Jr., the 3% increase will be necessary to offset growing manufacturing costs. At the consumer level, this amounts to roughly 25 cents more per cigar. The price changes will go into effect January 1, 2021 for the following brands:
Like Perdomo, Padilla also has a price increase of 25 cents per cigar planned for January, 2021. Fortunately, it will only be applied to one of their brands: the Finest Hour line. Ernesto Padilla attributed the price increase to higher tobacco costs and spending additional money on FDA compliance.
E.P. Carrillo will see extensive price changes go into effect on January 4, 2021. With the exception of their new Pledge line, every other brand in the company’s portfolio will be increasing by 3% to 5%. This is something that the company said is necessary due to increased costs of raw materials and factory operations. Pick up some E.P. Carrillo cigars from BCP now while supplies last!
Finally, Casa Cuevas is offsetting higher costs in raw materials and labor with a 5% to 7% increase on its core lines. Starting January 1, 2021, you can expect a bigger price tag on the Casa Cuevas Connecticut, Maduro, and Habano lines.
We understand that news of price spikes can be disheartening. Still, no matter what the market looks like, you can rest assured that you’ll find great deals at Best Cigar Prices.