Mattress prices going higher?
|
I keep reading about how commodity prices are going up. Cotton recently at the highest price since the civil war. Rubber prices have gone up a fair amount. Steel prices have rebounded. Not sure about wool, but I think that is up too. Budgy, are you seeing suppliers trying to push for price increases? I think that would be the case, especially for ones that use a lot of latex and cotton. |
Re: Mattress prices going higher?
| i have heard recently of rubber prices going up. however we have not seen any increases from our suppliers...yet. We actually had a price drop with Natura and some select Tempur models in Canada the past year. although it could be completely unrelated to the American market. |
Re: Mattress prices going higher?
| Part of it is also the weak U.S. dollar, so maybe less pressure in Canada. With consumer spending still lackluster, I think they will try to not pass through commodity price increases for a while. If/when the economy picks up I would not be surprised to see some price increases. I think Sleepez bumped up their latex mattress prices a couple of months ago. |