Cookson Put Surcharge On Tin-bearing Solder Pastes

Resource from: CBCC Likes:2943

Jun 05,2007

Cookson Put Surcharge On Tin-bearing Solder Pastes Cookson Electronics Assembly Materials is announcing a surcharge on ALPHA brand tin-bearing solder pastes, effective 30 days from customer notification. Tin has moved from a trading range of $6,000 to $9,000/metric ton during much of 2006, to over $14,000/metric ton in the first quarter of 2007, Cookson said. The increase in the price of tin has forced ALPHA to pass along the increased costs to customers. ALPHA will roll out surcharges on tin-bearing solder pastes in a series of tiers linked to the current price of tin in comparison to the previous trading range. When prices return to mid-2006 levels, the surcharges will be eliminated. If the global shortage of tin becomes more severe, the strategy will assure a continuous supply of materials for customers, Cookson said. "We have been able to absorb this significant cost increase up to a certain point," said Steven Corbett, Chief Executive Officer of Cookson Electronics. "If we are to maintain the levels of technical support and research and development that our customers expect, we have no choice but to implement these surcharges. There is no way of predicting how long the production shortfalls of tin in Bolivia and Indonesia will last. This surcharge is designed to minimize daily fluctuations for our customers, assure continuous supply of material should the tin shortage accelerate and allow price relief if and when the price of tin returns to previous levels."

()

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Eur 8 Million In Counterfeit Bearings Destroyed
Next SKF Files To Deregister From SEC, USA

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.