News
Ukraine Crisis Takes a Heavy Toll on Japanese Small & Medium Fastener Companies
Add to my favorite
2022-06-08
Kinsan Fastener News (Japan) reports, the Russia-Ukraine is creating a new economic risk that is pressing against the fastener industry in Japan. The increased price of materials is reflecting in selling price, but the Japanese fastener companies still find themselves unable to keep up with the frequent material price change. More and more companies as such find themselves shying away from buyers who don't accept the cost pass-through.
It also becomes problematic that the price raised on sub-materials is yet to reflect in product price. As petroleum price goes up and triggers a higher electricity and utilities cost, it also pushes up the costs for electroplating, heat treatment, oil, packaging materials and tools. In some cases, it costs an extra JPY 20 per kilogram of electroplating. The Japanese fastener makers have been covering the costs for sub-materials because it is their convention not to reflect such costs in product price, but they are faced with the fact that sub-material price hike is a harsher problem to tackle compared to increased price of materials. Some of them have ended up in closing business. To the Japanese fastener makers, how they could quickly reflect increased cost on product price is a crucial factor that hugely impacts their business.
烏克蘭
俄烏戰爭
日本
扣件
漲價
螺絲
原物料
Ukraine
Russia
war
Japan
fastener price
screw material
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
READ NEXT
Subscribe
