Arowana price increase 5% inventory hardware industry "up" boom

The long-rumored price of edible oil has finally come true, and Jinlong fish oil from Yihai Kerry Group will increase its price by 5% from August 1. Will Golden Arowana open the door for rising edible oil prices?

Arowana price increase inventory hardware industry "up" boom and Jinlongyu edible oil prices rose the same, after entering 2011, this price trend also appears in the hardware industry: raw material prices skyrocketing, electric bicycle prices, floor prices , Hardware products prices, lighting prices ... ... "up" has become an annual hot word, causing the attention of the whole society.

According to the author's understanding, since the beginning of this year, home appliances, hardware, and building materials have all been without exception, and both have indicated that prices have been raised. According to the survey, raw material prices, labor wages, and a series of costs have continued to climb. Exhibitors have almost certainly indicated that prices have risen. Most of the export prices have risen by about 5%, and some have even increased by nearly 50%. In particular, due to the impact of rising prices of raw materials such as fuels and metals, automobile and motorcycle accessories, hardware, and electronic and electrical products have increased significantly.

According to relevant professionals, rising costs of raw materials and labor are important reasons for the rise in hardware products. After the Spring Festival this year, the labor wages have risen too much, and manufacturers have begun to implement significant price increases. The introduction of a building materials distributor, raw materials rose, not exactly the market demand raised, but also the factors of hot money speculation. However, the general rise in labor wages is a national trend. Therefore, it is difficult for manufacturers to raise their ex-factory prices without increasing the cost pressure.

The dramatic increase in costs is a very, very big challenge for business operations. Although industry insiders claim that to reach this pressure, comprehensive factors such as product brand, technical level, and product uniqueness must be improved. However, for most Chinese companies, "creating in China" is still a long period of development.

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