The raw materials prices have soared due to the following reasons: First, the prices of raw materials including copper, iron, aluminum, and plastics have continued to rise due to “supply shortages”; second, the prices of chemical raw materials have soared due to the collective closure of large global oil refineries. , Including furniture, home appliances, electronics, textiles, tires, paper, sheet metal and other industries are affected.
Main reason: epidemic situation and devaluation
The epidemic is Cemented Carbide Inserts raging in the global environment, affecting the development efficiency of global raw material resources, causing a decline in production capacity and an increase in raw material prices;
In addition, in the recent international relations environment, the depreciation of the U.S. dollar has led to a corresponding increase in the prices of raw materials that use U.S. dollars as the main transaction currency.
The price changes mean that the stable cooperation between some buyers and sellers will produce variables. At this time, strengthening the contact with existing potential customers may bring you unexpected opportunities;
Formulating a reasonable quotation plan and negotiation strategy, and if necessary, some concessions to customers will be a direction worthy of attention for foreign traders in the current tungsten carbide inserts market development.
The Tungsten Carbide Blog: http://itime.blog.jp/
