EnjoyLED

In November, keep going up!Issue price increase letter

Just at the end of the year sales sprint period, sunshine lighting, Sidon lighting, Huayi lighting, Tongshida lighting, AK, Hunan Huaxin electronic technology, Kranski and other lighting enterprises have released a price signal.

In terms of the reason for the price increase, "raw material price rise" is the "prime culprit" leading to the price increase of lighting products, and supply chain tension, production and operation costs, power restrictions and other secondary factors are causing the price increase.

In fact, since the resumption of work after the New Year, a new wave of raw material prices that flooded the lighting people's circle of friends, now, over the past half a year, aluminum, copper, iron, PC, chip and other raw materials prices how?
Is it getting worse?
Or steady?

According to relevant statistics, from January to September, the price of bulk non-ferrous metals continued to run high, the average spot price of copper, aluminum, lead and zinc were 67,623 yuan/ton, 18,491 yuan/ton, 15,252 yuan/ton and 22,119 yuan/ton respectively, up 44.1%, 32.5%, 3.2% and 24.8% year on year.Among them, the spot price of aluminum reached 23410 yuan/ton on September 13 this year, hitting a new high in nearly 15 years.From this point of view, raw material prices continue to go high, in a short time is expected to be difficult to stop.
On the other hand, in the case of global chip shortage, TSMC, UMC, Wafer foundry and other wafer manufacturers have issued price adjustment letters for the first quarter of 2022.It is reported that the production capacity of some enterprises has been booked for next year.In this regard, some chip manufacturers have adopted expansion capacity, increase wafer suppliers, optimize product mix and other ways to ease the tight supply of capacity, lock long-term capacity.

However, accompany product price to rise range to increase ceaselessly, Hua Yi illume discloses, now many products increase more than 10%.Combined with the market situation, Hua Yi lighting decided to increase the price of products, involving the adjustment of the price of products, the new price will be announced on November 1, and the new price will be announced on the third day since the official implementation.