Material prices rose sharply in hardware products

The latest index report published by the “Yiwu Index” Office shows that demand has picked up, production costs have risen, and the commodity price index has stopped rising. As prices for raw materials such as iron and copper rose, the price of hardware products has risen significantly in the recent past. Many types of products have risen in varying degrees. In addition, the recent improvement in the weather, businesses expect outdoor travel supplies will be the main market in March.

[Newest index]

The price index rose 0.43 points

Commodity price index rebounded. It rose slightly by 0.43 points to 101.38 points last week, which was a near six-week high. Among the four sub-indexes under it, except for the export transaction price index which fell by 0.15 points, the online transaction price index, floor order transaction price, and direct market transaction price index rose by 6.29 points, 0.32 points, and 0.51 points, respectively. Pull the index upward.

15 major categories of commodities have mixed up and down. Among them, electrical and electronic products rose 2.07 points to 104.89 points last week after rising 2.07 last week, hitting a recent high; hardware and electrical materials continued to rise, rising 1.62 points to 101.63 points; watch glasses lasted for nearly two weeks After falling, it fell 1.62 points to 98.49 points last week and fell below 100 basis points. In addition, the toy, jewellery and needle textile prices all recovered slightly in recent days, while accessories, packaging and sports entertainment products declined slightly.

In the 97 secondary categories, locks, common equipment, and rain gear ranked first in the top three positions, rising by 7.02 points, 6.74 points, and 5.6 points respectively; measurement tools, office supplies and equipment, and educational toys. The first three seats in the drop list fell 3.99 points, 2.53 points and 2.25 points respectively.

【Explanation】

Hardware products rose significantly

Although the prices of steel materials such as steel and copper have declined recently, the impact on the prices of hardware products has only just emerged. According to some locks, hardware and tools business households introduced after the Spring Festival, the market price of many hardware products have been raised, a small increase of one or two hair, and more up a few dollars.

The change in the commodity price index in recent weeks also reflects the price fluctuations in hardware products.

Last week, the price index on hardware and electric materials increased by 1.62 points, which is the rise of such small commodities for eight consecutive weeks. In the top ten positions in the secondary category, hardware products accounted for half. Among them, the price index for locks rose by 7.02 points last week, common equipment increased by 6.74 points, small appliances increased by 5.43 points, hardware tools increased by 3.77 points, and building decoration hardware increased by 2.83 points.

According to the monitoring of the market management department, due to the increase in production costs, the prices of products have risen. Scooters, swing cars and other new products are frequent, foreign companies look like inquiries frequently; folding bicycles, leisure bicycles, mountain bikes, suspension car and other market conditions are good; shopping carts, flatbed cars and other places selling local and surrounding areas; electric scooters The price increase is obvious. The merchants wait and see mood is strong and they are looking forward to a breakthrough in the afternoon.

In terms of locks, ordinary deadlocks, mortise locks, furniture locks, and bicycle chain locks have a good sales trend. Handle locks, anti-theft locks, magnetic card locks, and other mid- to high-end products are mainly based on inventory sales. On the export side, glass door locks and rolling door locks are mainly based on returning old and new customers.