Over the past few days, the ongoing rise in raw material costs has significantly impacted the pricing of hardware goods across various markets. This surge has been reflected in a broad range of products, with some seeing modest increases of just a few cents, while others have witnessed substantial hikes of several dollars. Overall, the hardware sector has maintained its upward trajectory, with 15 key commodity categories showing mixed results.
Among these categories, electrical and electronic goods have seen a notable uptick, climbing 2.07 points to reach 104.89 points last week. Hardware and electrical materials have also followed suit, advancing by 1.62 points to settle at 101.63 points. Conversely, watch glasses dropped 1.62 points to fall to 98.49 points, dipping below the 100-point mark after two consecutive weeks of decline. Meanwhile, toy, jewelry, and needle textile prices have shown slight recoveries, whereas accessories, packaging, and sports entertainment items have experienced mild declines. Out of 97 secondary product categories, locks, general equipment, and rain gear topped the list with increases of 7.02, 6.74, and 5.6 points respectively. Conversely, measurement tools, office supplies, and educational toys led the decliners, dropping by 3.99, 2.53, and 2.25 points respectively.
In the realm of hardware vehicles, prices have steadily climbed, driven by rising production expenses. Innovative products like scooters and rocking cars are drawing significant attention from foreign buyers, while folding bicycles, recreational bikes, mountain bikes, and suspension trucks continue to enjoy robust demand. Shopping carts and flatbed trucks are proving popular both locally and in neighboring regions, and electric scooters have seen particularly pronounced price hikes. Despite the current uncertainty, merchants remain optimistic about future opportunities in this space.
Locks, too, are experiencing strong domestic sales. Ordinary locks, mortise locks, furniture locks, and bicycle chain locks are all seeing steady demand. Higher-end products such as handle locks, anti-theft locks, and magnetic card locks are primarily being sold from existing stock. On the export front, glass door locks and rolling door locks are predominantly sourced through repeat customers.
With spring now in full swing, temperatures are rising, and more people are venturing outdoors. This has fueled demand for outdoor hardware essentials. Hammocks, adjustable lounge chairs, and canvas sun chairs—traditionally geared toward exports—are gaining traction in local markets, showing a noticeable uptick in sales. As more individuals engage in outdoor activities, there's also increased interest in related equipment like tents, sleeping bags, camping lights, moisture-resistant mats, and portable cooking pots. These products are not only suitable for camping trips but also for weekend getaways, making them a popular choice among consumers seeking convenience and comfort.
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