Articles Tagged with ''commodity reports''

Valve prices according to the Producer Price Index were up 0.1% month-over-month in February (up 0.3% last month). 

No update. Inventory levels are stable and keeping pace with current demand. 

Expect a 6-8% increase if raw materials continue to escalate.   

Steel prices are at an all-time high.  We have seen a 7% increase already this year (malleable iron and welded nipples) with another 7% expected in Q2 2021.  

NYMEX domestic hot-rolled coil steel prices were $1,236 per ton in February ($1,066 per ton in the last update).  

Mild price increases on import weld fittings and flanges are occurring due to moderate activity levels, while domestic prices remain stable.

Nickel prices have risen over the past 30 days to @$8.82 per lb. ($8.18 in the last update). 

The producer price index for copper tube and fittings was up 5.1% month-over-month (up 4.8% in the last update) and was up 20.4% year-over-year (up 16.9% Y/Y last month). 

Producer prices for HDPE pipe were up 1.1% M/M (up 0.2% last month), and were up 15.7% Y/Y (up 14% Y/Y last month). 

Valve prices according to the Producer Price Index were up 0.3% month-over-month in January (up 0.7% last month).