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RMB rising led to material prices rising material prices rising led to security products price risi

  • Author:zz
  • Source:zz
  • Release on :2016-12-30
Renminbi depreciation, the RMB exchange rate against the US dollar, 6.9494RMB: 1USD. RMB rising led to material prices rising, material prices rising led to security products price rising.

PVC price increases 60%, glass prices 40%, plastic prices 30%, aluminum prices 30%, 30% iron prices, carton prices 30%, stainless steel soaring 40%, freight prices 35%. In addition to these basic raw material prices, PCB, semiconductor components are also price increases, logistics, staff salaries and site rent is looked up. And raw material prices corresponding to a sharp depreciation of the RMB is also intensified, manufacturing enterprises with the cost of purchasing dollars is also rising.