At the beginning of the year, Galletti had decided to absorb some of the rising prices, based on the forecast estimated for 2021, and so initially raised the prices of its products by only 2.5%. Nevertheless, the upward trend in the prices of the materials that make up fan coils, heat pumps and, in general, Galletti products has exceeded all expectations.
Therefore, we would like to inform you that Galletti has proceeded with the additional increase of 3% for all orders from June 1, 2021.
To get an idea of the situation prevailing in your market, we list the percentages of increase in raw materials:
Steel sheets and copper pipes: +60.4%, aluminum +14.7%, electrical components +4.9%, compressors +4.7%, water pumps +6.8%, heat exchangers +7.9%, plastic parts +12.2%, packaging materials +4%.
You can see the price/time chart at the link below:
https://www.lme.com/en-GB/Metals/Non-ferrous/Copper#tabIndex=2
As always, we remain at your disposal for clarifications.
For TSITSOS Clima,
Panagiota Tsitsou
06/05/2021
