At the onset of the COVID- pandemic, many manufactures began implementing production cut backs due to forecasts of an economic decline. However, the opposite happened. Whether through panic-buying or other motivations, consumers continued spending, product demand held steady and even grew in some segments. Even with several countries enacting their own fiscal stimulus packages, manufacturers are still struggling to meet the unprecedented production and logistic demands brought on by the Coronavirus pandemic.
THE LATEST SUPPLY CHAIN NEWS
If there were any doubt of just how dependent our local supply chain is on our global trading partners, we need only to look at the bruising we took with our recent US-China trade wars and our ongoing challenges working through the Coronavirus pandemic. These ruinous events caused regional and national disruptions to our supply chains, and also exposed the vulnerabilities of many manufacturers, especially those who have a high dependence on China - or any “eggs-in-one-basket” scenario to fulfil their need for raw materials or finished goods. Our Supply Chain News section provides both a historic and current view at the influences impacting product availability and pricing.
Click the links in the timeline below for the latest updates:
- 4
APRIL 2022
- April 18: China Turns Focus on Supply Chains, Pledging More...
- April 15: Transportation Report: Rising Fuel Prices Will Drive...
- April 6: Supply Chain Leaders Must Optimize Their Strategy...
- April 5: Supply Chain Woes? Analytics May Be the Answer...
- April 4: Why Mexico Could Be the Big Winner in Pandemic...
- 3
- 2
- 1
- 12
DECEMBER 2021
- 11
- 10
OCTOBER 2021
- 8
- 7
- 6
- 5
- 4
APRIL 2021
- April 30: High steel prices not eroding demand...
- April 26: Can your supply chain deliver...
- April 22: Everything's going to keep going up because...
- April 19: Shortage of ocean containers shows no sign...
- April 18: Four ways to digitize the supply chain
- April 15: Supply chain slowdown hits at key pillars...
- April 6: Consumers identify supply chain pain points
- 3
- 2
FEBRUARY 2021
- 1
COMMODITY WATCH
Daily Commodity Prices
Aside from its ubiquitous use in electrical wire and cable, copper is also one of the most commonly used metals in a wide variety of industries across the globe. From power generation and transmission, construction, to factory equipment and electronics, the price of copper highly impacts the cost of consumer goods and serves as a bellwether of our global economy. There are numerous, global supply and demand factors influencing daily commodity prices. With such dynamic complexities, we encourage you to become a regular visitor to our Commodity Watch section to stay informed of current economic trends.
Today's Ticker:
THE LATEST SUPPLY CHAIN NEWS
Periodically, during the course of the year, our manufacturers will send out notifications of price increases to cover increases to their raw materials such as steel, copper, aluminum, zinc, plastic resins, and so on. Connexion posts these price increase notifications towards helping our customers with their cost budgeting and assist in any available pre-increase purchase opportunities.
Here you go:
Manufacturer | Increase Percentage | Effective Date |
| 3M | 3% | February 01, 2022 |
| Arlington Industries | 7 to 16% | July 01, 2022 |
| Atkore (Metal Framing) | 6 to 8% | May 03, 2021 |
| Atkore Allied Tube & Conduit | 10 to 40% | November 01, 2021 |
| B-Line Eaton | 15% | February 07, 2022 |
| Bridgeport | 15 to 20% | June 13, 2022 |
| Caddy | 4% | December 01, 2022 |
| Cooper Lighting | 6 to 8% | May 24, 2021 |
| Electri-Flex | 10 to 30% | February 01, 2022 |
| Ericson | 10 to 20% | June 01, 2022 |
| Garvin | 15% | June 01, 2021 |
| Hammond Power Solutions | 2.5 to 3% | January 18, 2021 |
| Hubbell - Acme | 7 to 17% | July 01, 2021 |
| Hubbell - Burndy | 6% | February 01, 2023 |
| Hubbell - Power | 20% | January 17, 2022 |
| Hubbell - Kellems | 6% | February 01, 2023 |
| Hubbell - Raco | 7 to 17% | November 15, 2021 |
| Hubbell - Wiegmann | 4 to 8% | June 01, 2022 |
| Hubbell Commercial Construction | 1 to 6% (varies by product group) | March 01, 2021 |
| Ideal | 8% | February 14, 2022 |
| Keystone | 4 to 9% | March 15, 2021 |
| LeGrand - Wiremold | 8% | June 20, 2022 |
| Leviton | 20% | August 01, 2022 |
| Lutron | 10% | July 10, 2022 |
| Mersen/Ferraz | 18% | June 01, 2022 |
| Milbank | 7 to 20% | July 01, 2021 |
| Pass & Seymour | 10% | March 21, 2022 |
| Picoma | 7% on all products | February 01, 2021 |
| Polywater | Approximately 0.1% (varies by product group) | January 01, 2021 |
| RAB | 19% | April 04, 2022 |
| SATCO | 6% | July 01, 2022 |
| Schneider Electric - Asco | 3.5% | January 01, 2021 |
| Schneider Electric - Square D | 12 to 21% | July 10, 2022 |
| Signify | 4 to 8% (varies by product group) | August 09, 2021 |
| Southwire | 5 to 20% (varies by product group) | June 01, 2022 |
| Sylvania - LEDVANCE | 10% | November 01, 2021 |
| TCP | 15% | July 01, 2021 |
| Wheatland | 7% | May 09, 2022 |
Last Update: 01/30/2023
Questions?
Please contact your Connexion Sales Representative for details; including product lines affected and available pre-increase purchase opportunities.
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