Hardware product prices will rise in an all-round way

A few days ago, the general agent of the Jiangsu area where the agent brand was a bathroom said in an interview that the sanitary hardware price had risen slightly in early March, and pure hardware dealers did not follow suit. However, according to the forecast of market conditions, whether it is the price of sanitary hardware, or the price of pure hardware, price increases are inevitable.

The agency estimates that the time for this round of price increases should be in May or June. The rate of increase varies from brand to brand, ranging from about 10% to as much as 30%.

The agency also said that in order to ensure inventory and have a price advantage, they have already begun to target cargoes. In particular, for some of the best-selling hardware products, they are stockpiled in batches to meet the demand for terminals (retail outlets) and channels (dealers).

At the beginning of March, manufacturers issued a "signal" for the price of new incoming goods. However, they still have a lot of inventory in hand and are currently in the sales season. To ensure sales, they did not increase the prices of their inventory, but only reduced the discounts on some popular products. For example, the adjustable door control hardware is adjusted from 6.5 to 70%, and the sink faucet is adjusted from 70% to 7.50%. Even if the selling price is not high, the hinge discount is less than 5 percentage points.