Wire and cable price adjustment copper lighting products prices fall prelude

Just when people are worried about when hardware construction materials end high prices, the price of copper-based building materials has dropped recently. Yesterday, the latest offer of Chinagze Home Wire was 200.9 yuan/volume. Previously the same type of wire had reached a high price of 232.8 yuan/volume, and other brands of wire and cable also fell 3% from a week ago. D5%.

The adjustment of wire and cable is only a prelude to the decline in the price of copper hardware and building materials. In the past week, hardware products factories in Wenzhou and Guangzhou have issued new ex-factory prices.

Wenzhou Apple bathroom hardware factory's new quotation reads: single hole table basin faucet price is 330 yuan / only, wall mounted faucet price is 743 yuan / only, these two leading factory on February 23 The price was 242 yuan and 525 yuan respectively, and on May 7th, it rose to 358 yuan and 722 yuan. Hundreds of copper hardware products of this factory have implemented new ex-factory prices at the same time, which is nearly 10% lower than the previous quotation.

Some of the hardware factories that originally placed their profits on raw materials were hoarding the raw materials. At this time, they felt the risk. So the pipeline was re-lubricated and the workers returned to their jobs. According to a hardware vendor from Jiahaojia Market, “A hardware factory in Wenzhou has always been shouting that it was out of stock. But this week, the factory sent a salesman, and the payment method was recovered from the first payment. The original monthly knot."

In spite of this, Hangzhou's hardware makers are not willing to adjust the retail price so quickly. The boss of Huaxin Hardware Trading Company said, “We have been trying our best to purchase goods in the past few months. Up to now, there are about 20,000 yuan worth of copper hardware in stock. Now that we have adjusted the retail price, the value of these stocks will be Will evaporate a lot." However, most businesses believe that as long as the price of copper continues to fall, the retail price of hardware and building materials will surely fall rapidly.

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