Minster supplier price updates
We know that product availability and the price of materials are more important than ever to you and your business, however, we are often advised by our suppliers of price increases on some items you may purchase.
Why are there price increases?
There are a mixture of factors driving the need for price increases. Increases in energy and macro-economic inflationary factors continue to be the main challenges for our suppliers. Increases in raw material due to greater demand and material shortages are also a key driver – which is particularly the case for products containing Steel and Zinc. Supplier costs are also impacted by the soaring costs of freight; both for imported and exported materials.