Fastener Distributor Index Hits 10-Month Low, Though Outlook Improves

Bersivên anketê dîsa destnîşan kirin ku xerabûna zincîra peydakirinê û astengiyên kedê wekî fikarên wan ên sereke.

Tora Çavkaniyê ya FCH roja Sêşemê Indeksa Belavkarê Fastener (FDI) ya mehane ya meha Tebaxê ragihand, û hejmar hinekî tevlihev bûn.

After a robust late winter, the FDI sunk 4.2 percentage points to a mark of 55.4 — its lowest reading since October 2020′s 54.5.

Meanwhile, the index’s Forward-Looking-Indicator (FLI) — an average of distributor respondents’ expectations for future fastener market conditions — jumped 7.7 points in August to a mark of 73.0 one month after falling to its lowest mark in nine months (November 2020, 63.2).

Hêjmarên herî paşîn destnîşan dikin ku belavkerên fastener, bi tevahî, havînek qelstir piştî pênc mehên pêşîn ên pêşîn ên salê hatine ceribandin, lê di pêşerojek ne pir dûr de şert û mercên bazarê çêtir pêşbîn dikin.

Her xwendina pêvek li jor 50.0 berfirehbûna bazarê destnîşan dike, ku tê vê wateyê ku lêkolîna herî dawî ya belavkerên fastenerên Amerîkaya Bakur destnîşan dike ku bazara fastener di Tebaxê de dîsa berfireh bûye, lê bi rêjeyek hêdîtir ji Tîrmehê. FDI ji Îlona 2020-an û vir ve her meh li qada berfirehbûnê ye.

For context, the FDI bottomed out at 40.0 in April 2020 amid the worst of the pandemic’s business impacts on fastener suppliers. It returned to expansion territory (anything above 50.0) in September 2020 and has been in solid expansion territory since the start of this past Winter.

Zêdebûna FLI-yê çar mehên yekser kêmbûnê paşde kişand piştî ku di meha Adarê de gihîşt asta 78.5. Zêdebûna wê ya yek-mehî ya berbiçav tevî pirsgirêkên zincîra dabînkirinê û bihayên domdar tê. FLI bi kêmî ve di salên 60-an de her meh ji Îlona 2020-an dest pê dike.

“Commentary pointed to a strong supply-demand imbalance, labor shortages, accelerating pricing, and overseas supply chain difficulties.,” commented R.W. Baird analyst David J. Manthey, CFA, about the latest FDI readings. “Net, the FDI suggests August market conditions moderated some from July, although once again due more to labor/supply chain challenges than demand.”

Of the FDI’s factoring indices, respondent inventories saw the biggest month-to-month change, by far, with a 16.7-point decline from July to a mark of 36.5. That followed a 19.3-point jump from June to August, suggesting considerable volatility. Customer inventories fell 10.0 points to 7.7; Sales fell 7.7 points to 66.7; Employment fell 7.5 points to 53.8; and Year-to-Year pricing dipped 2.2 points to 96.2. As far as gains, Supplier Deliveries increased 3.3 points to 90.4; and Month-to-Month Pricing increased 3.3 points to 90.4.

Manthey destnîşan kir ku şîroveya anketa FDI berdewam kir ku balê dikişîne ser mijarên sereke yên xerabûna zincîra peydakirinê û kêmbûna kedê.

Here’s a sample of anonymous distributor comments:

“Continued supply chain challenges due to port/rail congestion, raw material availability. Labor remains scarce.”
“Overseas supply chain delays continue to be a big problem.”
“In my 30+ years in the business I don’t think I have ever had such a difficult time meeting demand.”
“With delay in imported material and computer chips our sales are down by as much as 15% and doesn’t look like it is going to improve anytime soon.”

Tabloya tevahî ya Tebaxê FDI li jêr bibînin: