Nickel prices have fallen over the past 30 days to @$7.85 per lb. ($8.03 in the last update

The Producer Price Index for copper tube and fittings were up 4.7% month-over-month (up 2.2% in the last update) and was up 70.9% year-over-year (up 62.8% Y/Y last month).

Producer prices for HDPE pipe were up 4.1% M/M (up 10% last month) and were up 40.5% Y/Y (up 35% Y/Y last month).  

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

Inventory levels are stable and keeping pace with current demand, as we see in some of the producer prices. 

Expect a 10-12% increase if raw materials continue to escalate.  

Steel prices are at an all-time high. 

NYMEX domestic hot-rolled coil steel prices (CRU) were $1,488 per ton in May ($1,451 per ton in the last update).  

Pricing has remained stable, but increases are likely in the coming months. 

Nickel prices have fallen over the past 30 days to @$8.03 per lb. ($7.26 in the last update).