Factors Affecting Product Cost You Should Consider Recently

Factors Affecting Product Cost You Should Consider Recently

International trade involves many players and the price is influenced by many factors. We, as a first-class manufacturer, always consider our client’s expectations in price formation and try to offer the best quotation to our clients. But despite of that there are some other factors that come into play and influence the price. The biggest one is the raw material factor. For instance, this year there were quite big fluctuations in polycarbonate price and it has increased very drastically over the past few weeks. One of our clients from Ukraine was lucky enough to place an order of PC gn pans just before the big change in the price of polycarbonate material. But later we couldn’t keep pc gn pan quotations unchanged and had to adjust them according to the change in raw material costs. Another factor which you need to consider is the exchange rate. For example, under a relatively good ecomomic performance Chinese currency RMB strengthened over the past few months and USD to RMB exchange rate has changed making it more difficult for Chinese export-oriented manufacturers to make as much profit as they once made. Chaozhou Xiangfa Kitchen Equipment company is no exception to the rule and that’s why we have to change prices according to changes in the exchange rate.

We offer our customers FOB terms they have to pay for the shipment and that is another factor that needs to be considered since the shipment price growth has had an upward trend and doesn’t seem to reduce in the foreseeable future.

This article was written to inform our clients about possible changes in prices and make them consider all these factors and the market dynamics to place an order sooner rather than later. We recommend to place an order before the end of this year, as it takes 20 to 30 days to produce the goods and the Chinese New Year is around the corner.

So please hurry and send us your inquiries to our official email . We hope that we can make a good deal with you