PPI: Material Prices Climb Again in April

Most glass and glazing manufacturing materials rose in price in April, according to the latest Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics.

The monthly PPI for flat glass in the commodity category rose 0.3 percent from the previous month, and it’s up 2.9 percent from April 2017. According to the BLS, the commodity classification “organizes products and services by similarity or material composition, regardless of the industry classification of the producing establishment.”

The index for flat glass manufacturing in the industry classification jumped 0.9 percent, and those prices have increased 8.4 percent since April 2017. The industry classification measures “changes in prices received for the industry’s output sold outside the industry (that is, its net output).”

Prices for fabricated structural metal products were up 1.9 percent, but that index, in the commodity grouping, is up 5.6 percent for the year. Ornamental and architectural metal product manufacturing, in the industry category, saw price increases of 1.6 percent for the month and 7.6 percent since 2017.

The PPI for metal windows rose 3.2 percent from its March level, and is 6.4 percent above 2017’s report. Metal doors and frames increased 0.2 percent for the month and are up 5 percent for the year.

The price of thermoplastic resins and plastic materials fell 1.1 percent in April and is up 2.2 percent from last year.

Prices for thermosetting resins and plastic materials rose 1.1 percent and are up 5.2 percent since April 2017. Fiberglass plastic product prices fell 0.3 percent since last month and are up 3 percent for the year.

The cost of builders’ hardware, which includes hardware used in glass and glazing, rose 1.2 percent. Those prices are 3 percent higher than in 2017.

This article is from USGNN™, the daily e-newsletter that covers the latest glass industry news. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to USGlass magazine in print or digital format are available. Subscribe at no charge Sign up today.

This entry was posted in Featured News, News, Today's News and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.