How does my country's supply chain respond to the rise in commodity prices

For a period of time, the prices of domestic commodities such as energy, metals, and agricultural products have continued to rise, especially for manufacturing raw materials such as copper, aluminum, and steel.

Taking the most widely used steel as an example, data from the China Iron and Steel Association show that steel prices have repeatedly hit record highs since the first quarter of this year.

The price trend of bulk commodities is gradually transmitted along the industrial chain

Such "rising voices" have aroused great attention.

The impact of price increases is gradually being transmitted along the industrial chain.

Since the end of last year, the home appliance industry has collectively announced price increases.

Global economic recovery is expected to strengthen and boost demand

The reporter observes that the current round of commodity price increases are mainly caused by three reasons:-Global loose monetary liquidity.

-The supply side is tightened.

——The results of epidemic control can be expected.

Responding steadily by controlling purchase costs

In the face of rising raw material prices, Chinese manufacturing companies have responded steadily by adjusting procurement strategies, controlling procurement costs, assisting suppliers' capital turnover, and optimizing supplier structure.

The relevant person in charge of the National Development and Reform Commission stated that my country's economy has been deeply integrated into the global economy, and price trends will be objectively affected by external factors.

The official said that the recent rise in international commodity prices is mainly due to the interweaving of multiple factors such as changes in short-term supply and demand, ample liquidity, and speculation.

"In terms of sales, we are actively'open source', increase research and development of new projects and technologies, and develop new customers to reduce costs and increase profits.