Simmonds Podcasts
B1Dialogue3 Min.

Renegotiating After Material Costs Rise

Steel prices are soaring and the contract runs until December — how to negotiate a fair price adjustment in English.

Editorially reviewed by James Simmonds – English teacher since 2004Published

SceneJonas calls his client Laura: material costs are up 18 per cent since January. He proposes sharing the increase — and offers a price guarantee in return.
0:00 / 3 Min.

Tip: listen to the episode twice before you start the test.

To the comprehension test
Jonas — Key account manager, metal supplierLaura — Purchasing manager, UK client

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Comprehension test

Listen first, then answer. No penalties — every explanation points to the moment in the conversation.

01Why does Jonas call Laura?
02What exactly does Jonas propose?
03Laura and Jonas have a signed agreement until December.
04Jonas asks Laura to pay the full eighteen per cent increase.
05Which word is missing?

___ we could share the increase, starting next month.

06Which word is missing?

Our material ___ are up eighteen per cent since January.

07Put the steps of the conversation in the correct order.

Transcript

The full transcript opens after the comprehension test — so you train real listening instead of reading along.

Key phrases

to rise sharply
to increase quickly and by a large amount
Energy prices have risen sharply since the spring.
material costs
the cost of the raw materials a company buys
Higher material costs are putting pressure on our margins.
to absorb
to accept extra costs without passing them on
We absorbed the shipping increase for six months.
a signed agreement
a contract both sides have signed
We have a signed agreement, so the terms are binding.
possibly
perhaps; used for something that may happen
We could possibly split the extra costs between us.
fifty-fifty
shared equally between two sides
They agreed to split the risk fifty-fifty.
a price guarantee
a promise that a price will not change for a period
The offer includes a price guarantee until next summer.
delivery slots
reserved times or capacity for deliveries
Priority customers get the first delivery slots each quarter.

Language notes

In this episode a key account manager renegotiates prices mid-contract: making the cost increase transparent, sharing it fifty-fifty, offering a price guarantee in return. Plus the false friend eventuell/eventually — at level B1.

eventuell ≠ eventually

This episode's false friend can genuinely derail a negotiation: "eventuell" means "possibly" or "perhaps" — "eventually" means "in the end, at some point". When Jonas says "Eventually we could share the increase", Laura hears: "At some point we could share it" — i.e. not now. With dates and commitments the difference is business-critical: "We will eventually deliver" promises a delivery some day, not maybe. Rule of thumb: eventually = certain in the end, possibly = maybe now.

Renegotiating without breaking the contract

Laura is legally right: "We have a signed agreement." Jonas still gains ground because he does three things well. He calls early instead of sending an invoice ("thank you for being open about the numbers"). He backs the increase with a checkable figure (18 per cent since January) and shows he has already contributed ("We've absorbed the increase for three months"). And he asks for a split, not the full adjustment. That combination — transparency, prior contribution, a fair proposal — turns a breach of contract into a shared problem.

Building the package: give and take

The call ends not with a number but with a package: nine per cent on new orders, a price guarantee until the end of next year, priority delivery slots. Each side gives and gets — and Laura also gets what she needs internally: "I'll need something for my management." If you renegotiate on price alone, you lose; put guarantees, terms and delivery priority into the package and you almost always find a solution. The closing formula matters too: Jonas summarises all three points and announces the email — turning a phone call into a solid result.

Keep practising: Learn business English online — with real teachers from Simmonds, since 2004.

Frequently asked questions

What language level is this episode for?

Level B1 (CEFR). The call uses clear business English with distinct pronunciation; the vocabulary list explains all eight key terms bilingually.

How do I renegotiate a price increase in English?

In four steps: call early and evidence the increase ("our material costs are up eighteen per cent"), show your own contribution ("we've absorbed the increase"), propose a split ("share the increase fifty-fifty") and offer something in return ("a price guarantee").

What is the difference between "eventually" and "possibly"?

"Eventually" means "in the end, at some point" — it will happen, just later. "Possibly" means "perhaps" — it is uncertain whether it happens. German "eventuell" maps to "possibly", never to "eventually".

Where can I practise conversations like this live?

In the online business English courses from Simmonds Language Services (englisch-lehrer.com/online): live lessons with real teachers on Zoom. Book a free consultation to discuss your level and goals.

Are the voices real?

Episodes are produced with high-quality AI voices (Hume) and editorially reviewed by our trainer team — the same method as our interactive lessons.

Want to practise these phrases in a real conversation?

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