Demand continues to be very soft in the energy sector and business is off due to COVID-19.

Producer prices for HDPE pipe were down 2.0% M/M (up 0.1% last month) and were down 2.6% Y/Y (down 0.5% Y/Y last month).  

Valve prices, according to the Producer Price Index, were up 0.8% month-over-month in June (up 0.1% last month). 

Demand fluctuates across geography and vertical markets. 

We might see demand increase if oil remains bullish. 

Steel coil and scrap pricing remain volatile.  

Valve prices, according to the Producer Price Index, were up 0.1% month-over-month in May (up 0.7% last month). 

Nickel prices have risen over the past 30 days to @ $5.82 per lb. ($5.42 in the last update).  

Producer prices for HDPE pipe were up 0.1% M/M (down 0.6% last month) and were down 0.5% Y/Y (down 1.8% Y/Y last month).  

No change from last month.