Home » Orders for candles, flashlights, etc. increase sharply due to limited power and production, these products are rising in price

Orders for candles, flashlights, etc. increase sharply due to limited power and production, these products are rising in price

by admin

When the news of the power rationing in the northeast and other places, Xiaolin in Beijing thought for the first time, “Is it time to store candles at home? Should I buy a flashlight?”

  Orders for candles and flashlights have soared

Kobayashi is not the only one who holds this kind of thinking. A reporter from Chinanews.com logged onto the e-commerce platform and found that some of the candles sold by merchants were out of stock.

At a leading candle shop, the customer service told reporters that due to the recent power cuts in some areas, the order volume has increased sharply. At present, all employees enter the warehouse 24 hours a day to pack.

The picture shows a response from the customer service of a candle shop.

In the product inquiry and evaluation, you can also see that many people buy candles specifically to prevent power outages.

According to other media reports, some candle manufacturers said that the number of candle orders increased by several tens of times within a week, and the inventory has now been emptied. Most of the orders came from the three provinces of Northeast China.

Not only candles, but many merchants’ customer service reports that flashlight orders have also increased sharply. “But it’s still selling at the original price.” A customer service said.

Power equipment manufacturerTellhowOn September 29, it also replied on the investor interaction platform that due to the recent “power curtailment” measures in various places, the market demand for the company’s smart emergency power supply related products has increased.

See also  Three new lines in Beijing will be opened at the end of the year and will use fully automatic smart trains-IT and Transportation-Railway

  Industrial intermediate product prices generally rise

Under the background of restrictions on residential electricity consumption in the Northeast, the number of orders for lighting appliances has surged. Under the tight power supply and the “dual control of energy consumption” policy, many regions have restricted industrial power consumption, and many factories have restricted or suspended production, causing prices of related products to rise.

According to incomplete statistics from reporters from Chinanews.com, since late September, nearly 40 listed companies have issued “temporary suspension of production” or “temporary production restrictions”.announcementFrom the perspective of restricting the scope of industrial electricity use, it is mainly concentrated in high energy-consuming industries, such as textiles, chemicals, electrolytic aluminum, yellow phosphorus, and ceramics.

“The operating rate of the blast furnace continued to decline in September and has been reduced to less than 54%. The operating rate is only close to half.”Bank of CommunicationsResearch reportIt was pointed out that the average daily output of crude steel and iron fine powder in key enterprises has decreased significantly. Since mid-September, it has fallen to less than 2 million tons per day, which is close to the level during the epidemic in February and March last year.

Lin Boqiang, Dean of the China Energy Policy Research Institute of Xiamen University, pointed out that the increase in the price of upstream raw materials and the increased pressure on the production of limited production will have a certain impact on production capacity and commodity prices.

The market price changes of important means of production in the circulation field released by the National Bureau of Statistics in mid-September 2021 show that rebar, wire rod, aluminum ingot, sulfuric acid, caustic soda (liquid caustic soda), methanol, styrene, polyethylene, polypropylene, cement, etc. The price rose month-on-month.

See also  22 departments including the Ministry of Commerce: Strive to break regional blockades and industry monopolies during the "14th Five-Year Plan" period_ 东方 Fortune.com

Screenshot from the National Bureau of Statistics.

Screenshot from the National Bureau of Statistics.

When Zhuo Chuang Information interpreted the reasons for the price increase of the above-mentioned products, terms such as “reduced production”, “stopped”, “low start”, “stopped overhaul”, and “compressed output” were intensively mentioned.

  Shangfeng CementIn reply to investors, he said, “At present, some provinces in various regions of the country have adopted different policies such as’energy consumption control’ and power curtailment and production restriction. Supply is tight; at the same time, the price of major upstream fuels, such as coal, has risen sharply, putting pressure on product costs, which has further pushed up product prices.”

In view of the recent rapid increase in cement prices, China Cement Association issued the “Notice on Stabilizing Cement Market Prices in Guangdong, Guangdong, Jiangsu, Zhejiang and Yunnan” on September 22, requiring major groups to take measures to increase logistics scheduling, fill market vacancies, and stabilize some parts. Regional prices are rising too fast.

but,CICCThe research report believes that the current upstream price increase is still slow to the downstream as a whole, and the upstream raw material price increase is often transmitted to the midstream and it is difficult to effectively transmit it downward. “For example, the downstream of cement corresponds to the construction industry such as infrastructure and real estate. The direct price increase of infrastructure and real estate is suppressed in the current environment.”

“It is difficult for the most downstream industries to increase prices, but they are under the pressure of rising raw material costs.”CICCIt is pointed out that under this situation, the profits of the upstream, midstream and downstream are showing a divergent pattern, and the profits of the downstream are overall compressed.

See also  Simmons has no fear of punishment and continues to stubbornly confident that his wages withheld can still get back_Philadelphia

In order to alleviate the problem of persistently high upstream prices and high costs for mid- and downstream enterprises, the national level has repeatedly taken action.

On September 29, the National Development and Reform Commission stated that under the premise of ensuring safety, it will make every effort to increase production and coal supply and increase coal imports in an orderly manner. Prior to this, the National Development and Reform Commission has put in multiple batches of national reserves of bulk commodities to increase market supply in a timely manner, ease the cost pressure of enterprises, and promote prices to return to a reasonable range.

(Source: China News Network)

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy