The main reason for the price increase:
1. The impact of overcapacity reduction, the insufficient production capacity of some raw materials, the increase in supply and demand gaps, and the supply shocks have led to price increases, mainly due to the price increase of raw materials for metal products such as steel;
2. Environmental protection policies continue to intensify, and the overall market supply is tight, which is expected to drive up the price of raw materials;
3. my country's ability to obtain global resources is still insufficient. Affected by the epidemic, major overseas mines (iron ore, copper ore, etc.) have reduced production. As the domestic epidemic gradually stabilizes, market demand has begun to recover, causing supply to exceed supply.
The price increase has spread across the industrial chain, and companies in machinery manufacturing, parts, chemical industry, and home appliances have raised their sales prices one after another.
Door and window manufacturing machinery companies cannot stand alone. From March to May, many companies announced to increase their aluminium window door machine price and PVC window machine price by 10%-20%. In order to ensure that they can continue to provide customers with high-quality product quality and excellent after-sales service, manufacturing Enterprises need to maintain reasonable profits and ensure the stable operation of production, sales and service.
In the second half of 2021, with the further control of the new crown epidemic, the optimal allocation of global resources, and the control of Chinese government policies, the prices of industrial raw materials are expected to fall. Some manufacturers are expected to stabilize existing markets and develop new markets, aluminium window machine price and PVC window machine price will drop appropriately.
