Valves report: February 2019
The tariffs are slated to move to between 10% and 25% by the end of March but few expect that deadline to be met. Prices have been moving higher in anticipation – on average by 0.5%. The PPI for metal valves remains at 172.2 but there has been some minor fluctuation.
No further exemptions to the tariffs have been authorized since the start of February and there are no provision to start them up again until further progress has been made in trade talks.
The American Supply Association (ASA) and its Industrial Piping Division (IPD) is the national organization serving wholesaler-distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The Reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.