Since the Spring Festival, various industries in China have entered the ranks of price increases. According to CCTV Finance reports: Copper has risen by 38%, paper has risen by 50%, plastic has risen by 35%, aluminum has risen by 37%, and iron has risen. 30%, glass rose by 30%, zinc alloy rose by 48%, stainless steel rose by 45%, and IC rose by 100%. Entering the end of February, the prices of raw materials were completely out of control, jumping wildly by 20% and 30%. From crude oil to plastics, additives, equipment companies, and to end users, the price has gone from inquiring in advance to a single price, to closing the quotation, suspending the quotation, and finally stopping receiving orders. It can be said that the price is rising like a rainbow. Round is higher than one round.
Unprepared, caught off guard, the orders from the factory suddenly went bad...
Even more frightening is that this crisis of rising raw material prices has swept across the country.
"I have been a factory for more than ten years, and I have never seen such a rise in my impression. It is not that one category has risen, but most categories are rising; it is not a rise of 3 or 5 points, but a rise of 10% or 20%." In Shenzhen Ms. Hu, who runs a communications electronics company in Baoan, told Caijing.com reporters.
The price of white cardboard has entered the ten thousand yuan echelon, and the price increase letter is overwhelming
On March 1, the news that several white cardboard giants increased their prices by 1,000-1800 yuan/ton in a single time, completely refreshing the new height of paper prices in the Year of the Ox, and also subverting people’s cognition. Caught off guard, the price of white cardboard directly rose above 10,000 yuan/ton.
Scrap continues to rise by 50-100 on the 3rd and take off
The two leading steel mills have taken turns to attack, and the surrounding steel mills have only risen sharply, keeping up with the overall rhythm of the scrap market. From south to north, from east to west, steel mills everywhere set off a new round of rising tide. According to Fubao Scrap According to industry statistics, 50 steel mills rose sharply on March 2, with a general increase of 50-100 yuan. The highest increase is as high as 200 yuan. In March, the structure of scrap supply and demand will shift from tight balance to shortage.
Chemical industry: raw materials crazy increase, an increase of over 203%
With the strong rise in global oil prices, various chemical raw materials have also jumped. According to business agency data, in the 08th week of 2021 (2.22-2.26), commodities that have risen by more than 5% There are 36 kinds of products, and the prices of some products have risen by more than 10,000 yuan/ton year-on-year, with a price increase of more than 203.53%.
Plastics: PBT single-day price adjustment is 8,000 yuan/ton
In just a week or so since the start of construction on the seventh day of the first lunar month, all kinds of raw material price increase letters have swarmed, covering the wide area, the number of enterprises, and the large increase. I am afraid that it has exceeded the expectations of many friends...
On the 24th, Nanya Plastic Industry (Huizhou) Co., Ltd. issued a letter stating: Due to the recent substantial increase in the price of nylon 66/6, PBT, and PET raw materials, the cost pressure has been huge. PA66 increased by 2,800 yuan/ton, and PBT increased by 8,300 yuan/ Tons, PET is raised by RMB 1,000/ton, and PA6 is raised by RMB 1,600/ton.
Looking at the categories of general plastics and engineering plastics, the increase is jaw-dropping: ABS rose by 7,049 yuan compared with the same period last year, PC rose by 17,430 yuan compared with the same period last year, and PA66 rose by 15,843 yuan compared with the same period last year!
Textile: All chemical fiber price adjustments, tight supply
Since August last year, domestic spandex prices have continued to soar. As of February 25, the average market price of 40D specifications was 57,000 yuan/ton, which is an increase of 84.47% compared with the lowest price in August 2020 (August 12). . After the Spring Festival, the spandex industry started to maintain a high level of 90%, but manufacturers were tight in supply. In addition, due to the increased pressure of cost support, some spandex manufacturers will temporarily not offer quotations, and new orders will not be accepted for the time being, and will be discussed separately.
Copper price: 12 consecutive rises, a 9.5-year high
The recent copper price has risen for 12 consecutive times, and the bosses blush and heartbeat, and they can't rise by themselves! Now scrap copper has also turned into gold! The price of copper rose sharply at the beginning of the year, and the price is approaching the historical peak set in 2011. Goldman Sachs predicts that the global copper market is facing its biggest supply shortage in a decade! It raised its target copper price to 10,500 US dollars per ton after 12 months! The strong increase in copper prices in the past year has not been unique, and the prices of other commodities such as nickel, tin, aluminum and iron ore have soared to multi-year highs.
Why does the price increase in recent years always start from the raw material end? This is mainly because the raw materials side benefited from supply-side reforms leading to more concentrated production capacity, and due to the continued shrinking of demand, low-price competition for terminal commodities was unprofitable. With the blessing of hot money and the promotion of the media, bulk commodities were treated as investments. Product hype.
Driven by excess liquidity and profiteering, a conspiracy of capital and material companies to hunt against the rabble has been staged time and time again.
Beware! The bad speculation of commodities may be overwhelming
Raw materials are priced at one price a day, causing companies to be unable to control costs, and production and operation are in chaos. For the Chinese manufacturing industry, which is currently seriously inadequate in domestic consumer demand and has high corporate debt, its destructiveness is fatal, and many product companies also complain.
The sharp price increase of industrial raw materials such as plastic, copper, aluminum, iron, paper, stainless steel, etc., involving plastic products, household appliances and other industries, completely disrupted the production plans of the terminal brand manufacturers, and many production lines were forced to press the "stop" ". Right now, the biggest problem for factory owners is: Are the prices of products rising along with raw materials? Or would you rather lose money than raise prices?
"Copper is roaring, aluminum is crying, lead is laughing, tin is jumping, steel is roaring, and the price of plastic is swishing!"
This is the recently adapted version of the "Yellow River Cantata" circulated in the circle of friends of electric car dealers. As the song sings, the price increase of electric cars is the increase in the price of raw materials!
Recently, a number of electric vehicle dealers in Henan have reported that they have received price increases from manufacturers and will continue to adjust prices starting in March. Among them, the price of two-wheelers will rise by 100 to 200 yuan, and the price of tricycles will rise by 100 to 300 yuan.
Some large and medium-sized companies are forced to balance risks through the futures market or hoarding raw materials. However, the rapidly rising and falling prices have caused heavy losses for the companies, and some have even quickly plunged their operations into trouble. The lessons of 2008 and 2018, I believe many business owners still have lingering fears.
Midea Refrigerator Division issued a price increase notice, stating that due to the continuous increase in raw materials, it has now decided to increase the price of Midea refrigerator products by 10-15% starting March 1.
It is understood that Midea is not the first home appliance company to announce price increases in 2021. Prior to this, TCL announced that it would increase the prices of refrigerators, washing machines, and freezers by 5%-15% from January 15th, and Haier Zhijia will uniformly increase the price increase of its products. 5%-20%...
Affected by the epidemic, the previously suppressed enthusiasm for consumption has recently experienced a concentrated outbreak. Not only has the sales volume of home appliances increased, but the sales prices have also risen to varying degrees. A staff member of a TV store said that their TV sales have increased by nearly 80% recently. At the same time, the price fluctuations are not small. Take a 55-inch TV as an example, the price is now more than 20% higher than last year's low.
Jiangsu Dazhong Electric Co., Ltd.: From now on, the prices of all series of motor products will be uniformly increased by 15% on the basis of the price adjustment on December 14, 2020, and the other special request price increase rates and price increase methods will still be implemented according to the original standard.
Auman Lighting issued a price adjustment notice: copper rose by 20%, aluminum rose by 15-20%, PVC rose by 25%-30%, packaging materials rose by 10%-15%, lamp beads rose by 10%-15%, electronic components An increase of 40%-50%.
Due to the sharp increase in raw materials, Zhejiang Chint Electric Co., Ltd. issued a letter: After research, it has been decided to make appropriate adjustments to the prices (opening prices) of some leading products. The new prices will be implemented on March 1, 2021. Specific price adjustment specifications and new prices The setting in Chint Electrical System shall prevail.
Under the circumstance that the market is irrational, it is necessary for the national management to take action to curb market speculation more quickly and effectively, and escort the steady development of my country’s real economy. After all, such a violent price increase will severely impact my country’s real economy. At the same time, domestic systemic risks will be amplified.
