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Why does the excavator long arms increase in price

August 21, 2021

Latest company news about Why does the excavator long arms increase in price

When it comes to price increases, what do you think of? Huitong Heavy Industries guesses that the first thing that everyone thinks of should be vegetables, eggs, meat, these necessities closely related to our lives, and everyone thinks that the reason for the price increase of these things is also very simple, it is nothing more than supply in short supply, which is indeed the case. Although the prices of other things we come into contact with have not risen much except for these fruits and vegetables with relatively unstable prices, it does not mean that there is no such thing. This year, construction machinery has ushered in a wave of price increases. So what is the reason behind the price increase of the excavator long arms? What problem does it reflect?


excavator long arms


The construction machinery such as the excavator long arms is different from vegetables, eggs, and meat. These construction machinery are processed products of heavy industry. As the name suggests, the processed products are processed with the required raw materials. Then, according to the price of raw materials The price of these construction machinery will also rise. The increase in the price of the excavator long arms is mainly due to the increase in the price of raw materials such as steel. Of course, there is more than one reason. The continued international trade frictions and the severe situation of foreign epidemics, the prolonged customs declaration cycle of imported parts, the increase in parts supply prices, warehousing and logistics costs, and labor costs have led to a sharp increase in operating costs, etc., which are also leading to the project. Reasons for the price increase of machinery.


excavator long arms


In fact, there is a phenomenon behind the increase in the price of excavator long arms, that is, people’s demand for such construction machinery as excavator long arms has increased, and the manufacturing has not been able to keep up, resulting in a situation in which demand exceeds supply. It also reflects the rapid development of my country's infrastructure industry.

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