FIN SURVEY

More than seven in 10 fastener companies anticipate prices increases in 2011, while 20% expect prices to remain unchanged.
 

Of the majority predicting price hikes, 66% of them expect “moderate” increases and 6% claim “strong” fastener price increases lie ahead. 
 

Only 3% predict prices will fall over the next several months.
 

At the beginning of 2010 more than 60% of fastener companies planned to keep prices at current levels during the first six months of the year.
 

An additional 34% were planning prices increases at an average rate of 8.6%. ©2011 GlobalFastenerNews.com

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