Plumbing and PVF manufacturers announced another round of price adjustments in May, with most increases falling in the low- to mid-single-digit range, while select product categories, including press fittings, grooved products, valves, PVC fittings, and specialty piping systems, saw larger increases.
Targeted increases across plastics, metals and HVAC components continue into April, signaling a more surgical pricing environment for PHCP-PVF distributors.
The latest round of adjustments, effective from mid-March through mid-April, reflects that same trend, with manufacturers implementing measured increases across venting systems, brass and PVF components, thermoplastics, HVAC parts, controls and copper fittings.
The upward pricing trend that carried into the new year is continuing through February and into March, with a steady stream of plumbing, hydronic, HVAC and PVF manufacturers announcing increases. While many adjustments are landing in the low- to mid-single-digit range, several manufacturers are implementing category-specific or “various” increases, with select product lines moving higher.
Wholesale distribution has always operated on relatively thin margins. Public benchmarks typically place gross margins anywhere from the high single digits to the low-30% range depending on product mix, with net margins often falling between 3% and 10%. In plumbing and PVF, those margins vary even more dramatically by category — with commodity products leaving far less room for error than engineered or value-added offerings.
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Due to continued and unprecedented escalation in raw materials and transportation costs, Matco-Norca announced it will be implementing a 21% price increase on Schedule 90 PVC Pipe Nipples.