After declining seasonality and subdued demand in Q4 2023, connector and terminal block pricing snapped back in January, rising by 1.9% and 6.7%, respectively, according to the Commodity IQ Price Index. And some price increases may come for low-margin and legacy products, like low-speed I/O connectors. Nevertheless, most connector suppliers (distributors and manufacturers) are open to pricing reviews for new or existing businesses, but pricing is largely stable in H2.
Connector Demand is Forecast to Rise in Q1, but Prices Will Remain Stable
Mar 7, 2024 3:47:23 PM / by Supplyframe
Written by Supplyframe
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