Siemens prices are going crazy!

  • 2021-12-20

The price of raw materials in the market rises and the exchange rate fluctuates;


Reason 1: chip out of stock


Following the large shortage of chips in the fourth quarter of 2020, there is a growing "war" of global chip shortage in 2021, and chips in automobile, mobile phone, automation and other industries are out of stock. So why are chips out of stock in 2021? How long can this situation be alleviated? Let's take a look.


People in the global industry said that the global chip shortage is not only the problem of large increase in demand and tight production capacity of manufacturers due to the epidemic, but also the butterfly effect caused by the United States' sanctions on Huawei and prohibition of the purchase of its chips. In this way, three key factors come together, resulting in the global shortage of products from automobile chips to the whole production chain.


For the current global chip shortage, relevant industry insiders predict that it will take at least two years to alleviate it. After all, it is not so easy to increase the production capacity of chips. The demand for corresponding equipment and parts requires a very strict process. Chip manufacturers can not make random adjustments. Production safety and stability are the first demand.




Reason 2: material shortage in the factory


If anyone is engaged in commodity trading, he will find that since the second half of last year, the prices of domestic bulk raw materials have been rising, such as copper, iron ore, crude oil, pulp, sugar, cotton, etc; Especially since this year, the increase is more obvious. The price of some raw materials has even increased by more than 20% in one month, which is shocking.


Ordinary people don't understand the price changes of raw materials, but they have personal feelings about the price of terminals. For example, copper is used to make motors, petroleum extracts are the main source of plastics, and iron ore is used for more purposes. Therefore, the price rise of raw materials will inevitably drive the price rise of terminal commodities, For example, from the end of December 2020 to the present, the prices of domestic white household appliances have increased to varying degrees. For example, many household appliances, including televisions, range hoods and washing machines, have increased by more than 10%, and individual products have even increased by more than 20%.





In fact, there are many reasons. For a series of reasons, such as not receiving orders, serious shortage of goods, transfer cycle, less and less goods in the market, the final price naturally becomes more and more expensive, except for Siemens, such as Schneider and ABB;


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