Hardware Market Price Fluctuations and Purchasing Strategies Guide

After several months of continuous observation, from August to November, hardware market prices showed a steady upward trend, leaving many consumers hesitant and undecided in their shopping carts. On the one hand, some adopted a wait-and-see attitude, hoping for a possible price drop; on the other hand, others worried that delaying purchases would lead to further price increases. However, the real answer is not simply a matter of "buy" or "not buy," but rather lies deep within the logic of price fluctuations and individual actual needs.

Market Status Quo and Trends

► Reasons for Continued Price Increases

First, we need to delve into the reasons for the continued price increases in the hardware market. The continued price increases in the hardware market are mainly due to the persistently high costs of raw materials such as copper and aluminum, and the inability of stainless steel prices to fall due to nickel price fluctuations and environmental policies. The tariff policy implemented in early November also contributed to the price increase. The core factor lies in raw materials, especially major hardware raw materials such as copper and aluminum, which remain high due to the influence of global supply chains and energy costs. Stainless steel prices, on the other hand, cannot fall due to nickel price fluctuations and tightening environmental policies. Furthermore, the new tariff policy implemented in early November further pushed up prices. Not only did the price of gold hardware from brands like Chow Tai Fook and Lao Miao increase by more than 60 yuan per gram in a single day, but even basic renovation hardware was affected.

► Non-Price-Increased Hardware

However, not all hardware is increasing in price. Gold hardware has seen significant price increases due to international gold prices and policy changes, but basic renovation hardware such as screws and hinges can be found at relatively affordable prices in discount warehouses at the production sites. The price increase for gold hardware is the most pronounced. International gold prices were already high, and the new policy has further exacerbated the situation, leading to shortages of gold bars from some brands and putting considerable pressure on demand for gold for weddings. However, for basic renovation hardware, such as screws and common hinges, affordable prices can be found in discount warehouses in hardware production areas like Yongkang, with some even offering discounts by weight. Meanwhile, bathroom hardware accessories produced in Jieyang are also significantly cheaper when purchased directly from the production site than in offline stores, offering a clear price advantage.