Commodity prices are falling, where are our lower prices?
October 28th, 2008The way commodity prices are falling, you would think we would start seeing some price reductions for electronic components that use these commodities, like copper wire, transformers, RoHS solder paste with the copper and silver, etc., bare circuit boards, even resistors, ICs and on and on. We suspect that like gas prices, when the commodity prices go up, component prices go up quickly, but as the commoditu prices come down there is an intentional lag for maximum profit margins. Is that being cynical or just calling a spade a spade? If this is the case, is it the component manufacturers or the distributors that’s fleecing us?
In any case we are on the prowl for suppliers that are agressively working to get the prices down as fast as possible.
If you are a supplier reading this, and you are working hard to get component prices to more realisticaly reflect current commodituy prices, then give us a call at 336 246 5143 and let us know about your competitive pricing.