The supply situation still remains challenging across all sectors of the Building Industry and still more price increases are coming through. There were further increases in January 2022 and many more increases are due again in April with the introduction of the red diesel levy which will impact almost all of our suppliers. The situation in Ukraine will put further pressure on manufacturers and distributors pricing, as the cost of fuel and energy rises. This will undoubtedly have an impact as we move towards the second quarter and the half year once the impact of the sanctions on Russia take hold.
Whilst there has been an easing in the timber and sheet material market, which has been reflected in our recent price files, they are set to rise again as demand across the world will drive the price up especially as many of the Baltic states are not allowed to move their product or are keeping it for their own markets. This one is a case of watch this space.
We will always try to maintain a steady price file offering to our customers, but these are challenging times, and thus we will not be able to advise of any pending increases and any quotation we raise will only be valid for one week. Material increases are often imposed without notice, therefore we cannot hold any price quoted for any sustained period of time.