The impact of the Double Reduction Policy
Amazing year 2021, electronic material shortage since Jan, keep increasing.
For long term win-win benefit, we always try to keep stable price, by optimize raw material supply chain & strengthen internal cost control system.
However, influenced by China Gov. Double Reduction Policy since Sep. 2021, our factory main raw materials are skyrocketing unusually.
Some of suppliers send official document to confirm price increased 15% since 2021-101.
Workshops "5days open 2days closed mold” lead to longer delivery.
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Fax : +86-20-85649263
Email : derful@coilcore.com
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