It has been reported that since the second half of this year, rising costs have become a major driver behind the surge in floor prices. The price of sheet metal has gone up, along with increased costs for materials like paint and hardware, and labor expenses have also seen a significant rise. As a result, the upward trend in flooring prices is now almost impossible to avoid.
Mr. Chen, who was shopping for solid wood flooring at a home improvement mall, expressed his frustration: “Last month, I saw a solid wood floor priced at 40 yuan per square meter, and within just a month, it had gone up by that much. My renovation budget, which I had just finalized, is now going to change again.â€
Ms. Sun, who had planned to renovate after the Spring Festival, heard about the price hike and rushed to buy flooring immediately. She even asked the sales staff to include a clause in the contract stating that the manufacturer should not add any extra charges for any reason. “If they do, we’ll be forced to pay more,†she said. “I think the chances of a price drop after the Spring Festival are very slim.â€
Ms. Teng, the sole agent of Shenghe Floor in Jinan, explained the situation from a distributor’s perspective: “We can only absorb part of the cost pressure by reducing our profit margins and selling through small profits but fast turnover. However, if prices continue to rise in a weak market, customers may not be willing to buy.â€
Manager Liu from Anxin Floor’s Jinan branch added: “The recent increase in solid wood flooring prices is mainly due to the rising cost of raw materials. Especially for high-end varieties such as macadamia, teak, and longan wood, the price has gone up by around 50 yuan per square meter on average.â€
With the ongoing economic pressures and supply chain challenges, the flooring industry is facing a tough time. Consumers are now more cautious, while manufacturers and retailers are trying their best to balance costs and demand. Whether this trend will continue or slow down remains uncertain, but one thing is clear—floor prices are on the rise, and buyers are feeling the impact.Tool pouch is a small bag or pouch designed for carrying and storing hand tools. It is typically made of durable materials like canvas, leather, or nylon and may have multiple pockets or compartments for organizing different types of tools.
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