Today, the global commodity market continues to fluctuate, and the prices of core raw materials for hardware fittings are showing a trend of differentiation. According to the latest data from the London Metal Exchange (LME), as of 3pm Beijing time on the 17th, cold-rolled coil futures prices rose 8.2% per week, reaching a new high of $625 per ton since 2024; The spot price of electrolytic copper slightly decreased by 3% due to the strike at Chilean ports, and was reported at 9380 US dollars per ton; Aluminum materials, on the other hand, remained stable at a price range of 2450 US dollars per ton due to the release of Indonesian production capacity. PVC resin, due to the surge in infrastructure demand in Southeast Asia, saw a daily increase of 12%, causing cost pressure in the pipe fittings industry.
In depth analysis of industry impact:
Steel leads the rise: The intensified domestic environmental protection and production restrictions policies, coupled with delays in Australian iron ore transportation, have led to an increase in production costs for steel pipe fittings (flanges, elbows, bolts, etc.), and some small and medium-sized enterprises have initiated price adjustment mechanisms.
Copper price fluctuations: There is room for short-term price correction for copper water heating accessories, but analysts point out that the long-term demand for copper materials in the new energy sector will support the future price curve.
PVC anomaly: The price of plastic pipe fittings raw materials has skyrocketed, which may prompt more engineering companies to turn to composite pipe procurement. Our inventory on hand can meet the urgent order demand of 200 tons.
Our website's response strategy:
As a vertical procurement platform that has been deeply involved in the field of hardware fittings for 12 years, XX Independent Station (replaced with brand name) has launched three safeguard measures:
Locking prices and stocking up: Lock in 30000 tons of high-quality steel through forward contracts, and maintain the prices of main products such as threaded joints and galvanized pipe fittings at Q1 levels
Supply chain diversion: New Vietnam Mexico cooperative factories are added to ensure fast delivery of products such as flanges and clamps within 48 hours
Technical alternative solution: Launch the "Guidelines for Pipe Fitting Selection in High Cost Environments" to provide buyers with a performance comparison model for stainless steel/carbon steel
The fluctuation of raw materials is not only a challenge but also an opportunity for industry reshuffle, "said Yin Xiangyu, the Supply Chain Director of our website." We have upgraded our price warning system, and customers can check the latest cost composition of 50 major product categories in real time through our official website, making procurement decisions transparent
