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    Home > Chemicals Industry > China Chemical > The price of raw materials has risen sharply, and the pressure on instrument and meter manufacturers has increased

    The price of raw materials has risen sharply, and the pressure on instrument and meter manufacturers has increased

    • Last Update: 2021-06-08
    • Source: Internet
    • Author: User
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    [ Focus on Chemical Machinery and Equipment Network ] At present, the sharp increase in raw material prices is putting pressure on downstream companies, especially small and medium-sized enterprises in the middle and lower reaches of the industrial chain, and their ability to transmit and absorb cost pressures is weak, and has been affected a lot.
    Chemical machinery and equipment network hotspots pay attention to chemical machinery and equipment
    Some companies said that rising raw material prices have put a lot of cost pressure on companies.
    Through advance layout, actively reach cooperation with customers, lock long-term orders as much as possible, lock material prices with suppliers, and reduce costs through materials preparation and strategic cooperation.
    Pressure does not rule out the possibility of adjusting product prices later.

    The manufacturing industry is an important cornerstone for the development of the national economy and the protection of the national economy and people's livelihood, and the instrumentation industry is no exception.
    At present, most of the instrument and meter production in my country is to purchase semi-finished products and electronic components and reprocess them on their own, especially for small and medium-sized instrument and meter manufacturers.
    There are not many companies that can independently produce core components.
    However, the price of raw materials will also affect the purchase price of semi-finished products and the price of instrumentation products.
    Instrumentation
    A few days ago, when answering investors’ questions, Unitech stated that the company will make a procurement plan every year based on factors such as current market prices and fluctuations, current order expectations and supplier delivery cycles, so as to purchase and stock raw materials at the cost end.
    Aspects are effectively controlled.
    So far, the rise in international bulk commodities has little impact on the company.
    The company will reduce the impact of rising bulk commodities through internal cost control and increase product prices, and stabilize product gross profit margins.

      Juhua Technology stated on the interactive platform that the increase in the price of bulk commodities such as copper prices has a certain impact on the company's costs.
    The company negotiates with suppliers and improves technology and management to control the impact to a small extent.

     

      Delixi Electric issued a price increase notice stating that due to the company’s development needs and to better meet market demand, it will provide more professional and refined products and services.
    Delixi Electric Co.
    , Ltd.
    has researched and decided, since March 2021 The price adjustment of Delixi's meters and meters and other products will be carried out on the 19th, and the face prices of all price-adjusted products will take effect on March 19, 2021.  

      From the product price increase notices issued by various companies, we can understand that the reason for the product price increase is nothing more than the increase in raw material costs and supply chain costs, or the replacement of old products or the addition of new features.
    Therefore, many companies worry that the continuous increase in raw material prices will further eat up profits; at the same time, they are worried that if they increase product prices, they will weaken the competitiveness of their products in overseas markets.

     

      The Ministry of Industry and Information Technology and the State Administration for Market Regulation spoke out in response to the price increase of raw materials.
    Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, said at the State Council’s regular policy briefing held by the State Council Information Office on June 1 that the sharp increase in raw material prices this year has put pressure on small and medium-sized enterprises.
    The Ministry of Industry and Information Technology will strengthen operational monitoring, stabilize market expectations, and coordinately respond to the impact of rising raw material prices on SMEs.
    Xiong Maoping, deputy director of the State Administration for Market Supervision and Administration, also stated at the meeting that joint supervision will be implemented to protect the legitimate rights and interests of small, medium and micro enterprises and individual industrial and commercial households.  

      Original title: The price of raw materials has risen sharply, and the pressure on instrument manufacturers has increased
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