Look at here!The price of all raw materials is going up like crazy.Go ahead and just buy it now!


According to the latest figures released by the National Bureau of Statistics.

In March 2021, China's producer price (PPI) rose by 1.6 percent month-on-month, the highest since 2002, when month-on-month data began.

The PPI rose 4.4% year on year, the highest level since July 2018 and 2.7 points higher than 1.7% in the previous month.

Purchasing prices for industrial producers rose 5.2 per cent year-on-year and 1.8 per cent month-on-month.

In the January-March period, on average, producer prices rose 2.1 percent year on year, and producer purchasing prices rose 2.8 percent.

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Aluminum prices jumped to their highest in nearly three years.The price for aluminum for three-month delivery on the London Metal Exchange has risen to its highest since June 2018, reaching $2,350 per ton.The most-traded May aluminum contract on the Shanghai Futures Exchange rose as much as 2.7% to 18,045 yuan ($2,760.53) a tonne, its highest since August 2011.

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Due to the shortage of chips and metals in the market, the price increase is not going to end anytime soon, so take action to place your order!

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