A New Round Of Price Rises Tide Has Been Sitting Solid

Recently, copper, aluminum, lithium, nickel and other raw materials related to hardware materials, IC chips and plastics are volatile, and the price rises in all walks of life are increasingly turbulent. Since the copper price hit a record high in May last year, it has hit three consecutive highs, respectively in October 2021 and March 2022. The price of aluminum surged above 23,000 as of Press time on March 24th. The rising price of raw materials, which leads to the transmission of the ring, has formed a direct impact on all walks of life.

The personage inside course of study predicts: below the circumstance that raw material continues to rise, the sale price of LED panel light rises this year is general trend.

In addition to raw material prices rose surprisingly outside, many factors also for the "price increase" add a fire.

First, the epidemic situation is grim, and production has been suspended in some areas. Entering March, many places in China are facing severe epidemic situation. Shenzhen in Guangdong province implemented closed management from March 14 to 20, while Changzhou in Jiangsu province implemented closed management in some areas from March 18. Many LED downlight manufacturers and lamp stores have stopped production in accordance with epidemic prevention requirements.

Second, the epidemic prevention and control efforts have been intensified and transport has been blocked. Recently, affected by the spread of the epidemic in many parts of China, guangdong, Jiangsu, Shanghai, Shandong, Hebei and other provinces have stepped up prevention and control measures to block the transmission chain of the epidemic, which has affected the procurement of raw materials and product transportation in some regions, and even caused distributors to fail to deliver replenishment orders in time. It is reported that in some areas where cases have occurred, drivers are required to carry nucleic acid certificates for 48 hours before normal transportation.

Third, the war between Russia and Ukraine has caused a surge in oil prices. So far this year, domestic refined oil prices have been adjusted five times, with five increases totaling more than 1.60 yuan, triggering heated discussions nationwide.

Finally, the repeated epidemic situation at home and abroad also leads to the lack of maritime transport capacity, which leads to the current situation of significantly higher maritime freight, and lighting export enterprises will face greater pressure.