Raw material prices will rise after the year, hardware products will generally rise in price

Recently, Lin Wenjie, who runs Puxin Hardware Store in Wenzhou Hardware City in the city, pays special attention to the rise and fall of metals such as copper and zinc. "In the New Year, if the price of copper and zinc is still not falling, the products such as faucets and door locks will have to rise in price. At present, the purchase price has been increased to the manufacturers, and it is impossible to absorb this price increase for a long time." Lin Wenjie said.

In the first half of this year, the prices of copper, zinc and other metal raw materials have been in a stable state. At the end of October, the situation rose by more than 30% in the past 30 days, and then fell, but as of yesterday, the price of copper and the end of October still has nearly 20%. %.

This wave of copper, zinc and other metal raw materials has brought a lot of pressure to industries such as electrical appliances, locks, cables and plumbing, which use more copper and zinc. Some large companies can increase their prices through internal digestion, while some small and medium-sized enterprises The company has passed the price increase to the product. Therefore, some wires, door locks and other products on the market have been raised in price.

The prices of raw materials such as copper and zinc are still not falling.

After the year, hardware products should increase prices by 5%~10%

Lin Wenjie's Puxin hardware store sells faucets, door locks, floor drains and other products. Recently, the manufacturers of corresponding products have increased the ex-factory price. According to the products, the amount of raw materials such as copper and zinc rose by 5%~10%.

"The business in the second half of this year is not very good. It doesn't matter if the price does not rise." Lin Wenjie said that if the prices of raw materials such as copper and zinc are still not falling, it will definitely affect the price of the products sold in his store, like door locks. Products with more copper, such as faucets, will increase at least 10% after the New Year, and some small hardware products will increase less.

Unlike Lin Wenjie, merchants selling cables have gradually raised their prices. The Zhongzhen Hardware Store in Wenzhou Hardware City is a company specializing in selling wires and other products. The owner of the store said that the price of copper has increased since October this year, which is similar to that in 2006. Because the amount of copper used in the wire is very large, the manufacturers have already increased the price. The price has increased by 5% to 10%. Therefore, the cable products in the store have also raised prices recently, but still keep the original price for the old customers.

A number of cable operators in Wenzhou Hardware City said that they have increased their prices for the corresponding brand cable products manufacturers, and they have no way to raise prices. After all, the increase is not small, they cannot digest themselves.

Large companies evade the risk of rising raw materials

SMEs will be affected by less countermeasures.

At present, the price of cable products of Xingle Group is about 18% higher than that at the end of October this year.

"The ex-factory price of our company's cable products is in line with the rise and fall of copper prices. This wave of copper prices has also raised the ex-factory price." Zheng Li, general manager of Xingle Group Marketing, revealed that although its cable products have risen with the price of copper. The ex-factory price was raised, but the relative increase was less. This was mainly due to the company's use of futures hedging measures, and futures hedging measures for some forward orders to ensure that copper and other raw materials are locked at a certain price; at the same time, the company Orders are quoted in a manner similar to gold jewellery stores – the price of the order is based on the price of copper on the day of signing.

However, not all companies have raised their ex-factory prices due to the rising prices of raw materials such as copper and zinc. Huanyu Group is an enterprise that has not adjusted the ex-factory price of its products.

Huang Heyu, the company's deputy manager of supply, said that the price of copper in the past two months has increased, and the cost of materials for its products has increased by 5% to 10%. For example, the material cost of a small single-pole circuit breaker has increased by 0.5 yuan to 1 yuan. “The amount of copper used in low-voltage electrical appliances is less, the cost increase is not obvious, and the amount of copper used in medium and high-voltage electrical appliances is larger, and the cost increase is obvious.”

Huang Heyu said that since the copper price surge in 2006, the company has adopted various methods to avoid the risks brought by the rapid rise of raw materials: on the one hand, when purchasing raw materials at low prices, some of them are used as stocks, and when raw materials are used up, they use stocks; on the other hand, they are For long-term orders, the contract is negotiated with the customer at the price of copper at the time of delivery; in addition, an agreement is signed with the copper supplier to settle the monthly average price. However, if the metal raw materials such as copper and zinc are still at a high level, the price of the company's products will also increase in early next year.

Relevant persons said that the price of copper, zinc and other metal raw materials will increase, and the large manufacturers will have more countermeasures. The price increase of products will be smaller. However, small and medium-sized enterprises may be affected more because of fewer countermeasures.

Raw materials rose, suspected copper and zinc futures rose rapidly

Many companies have indicated that this wave of growth is not expected

Relevant industry insiders said that this wave of copper, zinc and other metal raw materials rose, the initiator should be the rapid rise of copper and zinc futures, because the economic prosperity has not improved significantly, market demand has not increased significantly.

In the first half of this year, the trend of copper, zinc and other metal futures did not have much volatility, but from October 25 this year, copper and zinc futures all rose sharply, and then all the way up. In more than 30 days, the copper futures contract rose. To the stage high of 49,660 yuan, the increase was as high as 33%, while the main contract of zinc futures in the same period rose even more, reaching 38.45%.

However, copper, zinc and other metal futures began to fall. Until yesterday, the main contract for copper futures closed at 44,630 yuan, up 19.65% from two months ago. The main contract for zinc futures closed at 20,260 yuan yesterday, two months later. It rose about 12%.

From the trend of copper, zinc and other metal futures in the past, it is similar to the metal bull market around 2006. At that time, the main contract of copper futures rose to more than 80,000 yuan. The rise of copper, zinc and other metal futures will inevitably push the rapid rise of spot copper and zinc. Many people in the city have said that the rise in copper, zinc and other metal raw materials was unexpected.

Editor in charge: Sun Gongxue

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