Record Copper Prices Likely to Increase Costs for Appliances, Cookware, and Bathware
4 hours agoBusiness
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Record Copper Prices Likely to Increase Costs for Appliances, Cookware, and Bathware

Consumers may face higher prices for appliances, bathware, and kitchenware in the new year as copper prices reach record highs. Manufacturers are planning price increases of 5-7% for appliances and cookware, and the bathware industry has already seen a 12% rise. The surge in copper, a key raw material, is increasing input costs, forcing companies to pass these expenses onto consumers to protect profit margins.

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