What’s happening:
- PVC resin is going to increase in January and February.
- Due to overall availability and high demand.
- PVC pipe mills announced a 3% increase.
- A new list price sheet will be available 1/25/21.
Commodity PVC resin, the raw material used to manufacture PVC pipe, is going to increase in January and February. This is due to processors that sell products to PVC pipe manufacturers looking to build their inventories after a year of supply tightness (see our previous updates regarding supply chain challenges related to Covid-19, hurricanes and force majeures, etc.). In North America, prices rose by $.14/lb in 2020, driven by a strong housing market where new building and improvement projects were in demand (Plastics News).
Due to the rising costs of PVC resin and related freight costs, PVC Pipe mills have announced a price increase of approximately 3% going into effect next Monday. We will be releasing a new list price sheet dated 1/25 then. To place orders before the increase, please call your Merfish United representative.
How We Can Help:
As we face extreme volatility in the commodities market, remember that Merfish United’s business model is designed for low and unpredictable volume scenarios, exactly like the one we are in right now. With us, wholesalers can buy a broad array of pipe products from one supplier, at low minimums for FFA.
More than ever before, use us in 2021 as your go-to pipe source. With us, buy only what you need, when you need it. Mix-and-match Copper Tube with Steel Pipe, PVC Pipe, Conduit, Strut & Rod to make our low weight minimums on your next weekly order.