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Material Cost Increasing

Sep 14, 2017

                              

                        Continuing material costs and currency problem

     Each one commercial refrigerator factory  bear strong pressure recently . Firstly ,as we all know that is currency problem. The exchange rate between dollars and RMB is change frequently which give huge pressure to the export business .

    Secondly , the material costs is keep going up such as the steel , foam ,copper and other spare parts. The price of steel have increased by 25% ; the foam is 40% ,copper is 25% and other spare parts is 15%.

     These two reason make the price of commercial refrigerator high and factory are facing the lost and pressure  .