The First Wave Of Price Increases in The New Year, Many Sheet Metal Companies Issued Price Increase Letters

Feb 12, 2022

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At the beginning of the new year, the first wave of price hikes hit. Recently, due to the continuous rise in raw material prices and the restrictions on local production caused by large-scale activities in the north, flooring companies such as Hebei, Shandong, and Henan have issued price increase letters. Yes, verbal reservations are not accepted.


China Wood Industry Network immediately contacted enterprises in Hebei, Shandong, Henan, Guangxi, and other places to verify the above situation. It is understood that some areas in Hebei, Shandong, and Henan are currently in a period of shutdown, and the earliest production will start in the second half of this month. , some companies said that they will start construction after the fifteenth of the first month, but the production capacity will be affected to a certain extent. Guangxi enterprises were less affected, and prices remained stable for the time being. Local enterprises said they would set prices based on raw materials after the official start of construction after the year.

In 2021, the decoration and building materials sector will be affected by slowing demand, rising raw materials, cash flow, etc., many small and medium-sized enterprises will be under great pressure and their performance will be limited. In 2022, although the overall economic situation is still severe, the central government recently mentioned the focus of new special bonds. Involving water conservancy, transportation, municipal infrastructure construction, affordable rental housing construction, and other fields, the real estate sector has gradually released loose signals, and the bottom of the policy has been reached. It is expected that the demand for building materials and decoration will rebound during the 14th Five-Year Plan period. Said that this year will be an opportunity, I hope everyone can take it well, plan the market rationally, and ride the wind.

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