Anti-freeze and coolants prices set to rise
11th November 2019
Maintaining your machinery’s cooling system is important to all year-round performance, but extra care must be taken during the winter months.
Maintaining your machinery’s cooling system is important to all year-round performance, but extra care must be taken during the winter months. Anti-freeze and coolants keep engines cool in the summer and offer frost protection in the winter, without which the system could freeze and cause engine damage that is impossible to repair. Therefore, it is vital to use a quality product, according to lubricant specialists the Witham Group.
As winter looms, anti-freeze and coolants prices are set to rise considerably due to some unique market influences. For example, there is likely to be an increase in demand from China following US trade talks, which will create a tightening of supply across Europe.
It is expected that Brexit will continue to have an adverse effect on the strength of the pound. Brexit could trigger not only finished material price increases due to currency changes, but also a possible delay in bringing tankers from the EU into the UK.
While the weather is an unknown factor, extreme cold spells as we head into winter would lead to increases in demand – inevitably putting pressure on tightening suppliers.
As winter looms, anti-freeze and coolants prices are set to rise considerably due to some unique market influences
The Witham Group says it has secured good rates on bulk orders from coolant manufacturers, to ensure there is enough supply at the best price for customers. In addition, they offer a range of three products, to suit different budgets and applications. The company provides officially approved OEM coolant products for trucks, buses and vans, as well as cars, construction machines and agricultural tractors.
Witham Group managing director, Nigel Bottom commented: “Witham is encouraging customers to place orders for anti-freeze/coolants as soon as possible to get the best value price and to help avoid any unforeseeable spikes in demand or price increases. We are advising new and existing customers to get in touch as soon as possible to help ensure supplies are available going forward.”
