Chinaâs Soaring Factory Costs Send Inflation Signal to the World
May 12 2021, 2:43 PM
May 12 2021, 1:30 AM
May 12 2021, 2:43 PM
(Bloomberg Businessweek) Bryant Chanâs factory in Heyuan, in Chinaâs Guangdong province, turns out Nerf guns, LeapPad toy tablets, and other playthings for major U.S. brands, as well as electronics, such as a gadget that can capture data on golf swings. The president of Hong Kong-based Wynnewood Corp., Chan has seen prices for paint, screws, springs, solvent, metal, batteries, and packaging rise as much as 15% this year. Plastic .
(Bloomberg Businessweek) Bryant Chanâs factory in Heyuan, in Chinaâs Guangdong province, turns out Nerf guns, LeapPad toy tablets, and other playthings for major U.S. brands, as well as electronics, such as a gadget that can capture data on golf swings. The president of Hong Kong-based Wynnewood Corp., Chan has seen prices for paint, screws, springs, solvent, metal, batteries, and packaging rise
Opinion: The infrastructure war between China and the United States is fuelling the commodities rally theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Home > News > Market Trend and Demand What are the raw materials for the increasing price of cars Will Affact the Price of Heat insulation Hollow glass powder
Market Trend and Demand What are the raw materials for the increasing price of cars Will Affact the Price of Heat insulation Hollow glass powder
What are the raw materials for the increasing price of cars?
This year, as supply cannot keep up with demand, many basic materials (such as copper, steel, and aluminum) for automakers have reached or are about to reach their highest prices in history. Bloomberg Commodity Spot Index (Bloomberg Commodity Spot Index) jumped to its highest level since 2011, among which metal prices have risen 21% this year.
Stocks, Futures Decline Before U S CPI; Dollar Up: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
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Iron ore turns âvery hotâ as 10% surge adds to commodities boom
Steelmakers in the rest of the world are also enjoying a boom as demand bounces back from pandemic lows.
By Bloomberg News
11 May 2021 07:58
Image: Ian Waldie/Bloomberg
Iron ore futures surged more than 10% and copper extended its record run amid increasing bets theyâll be among the biggest winners from a commodities boom thatâs stoking concerns about inflation around the world.
While analysts struggled to pinpoint a trigger for Mondayâs gains in iron ore, they cited several trends including optimism that central banks will retain supportive policies even as the global economy recovers. Expectations China will tighten environmental rules have added to the bull case for copper seen as vital to the green energy transition and fueled speculation that steelmakers may front-load iron ore purchases before new curbs kick in.