The raw material market soared

The rising cost of raw materials has promoted the general rise of commodity prices, the recovery of production in downstream industries has formed a tense situation of supply and demand, and the financial attributes of non-ferrous metals and some chemical products are prominent.

Coupled with the normalization of epidemic prevention, many logistics and transportation require high deposit and inspection, and the time cycle is lengthened, which will increase the cost of transporting raw materials. Finally, the intuitive feeling to users is that under the state of inflation, with the capital flow beginning to enter the manufacturing industry, the cost of raw materials shows a rapid upward trend.

Precautions for substantial increase of raw materials