Senlin Qilin: The company has currently conducted the first round of price increases after considering multiple factors.

People’s Finance News, April 8: On April 8, Shuanglin Kirin (002984) said on an interactive platform that disruptions in the Middle East situation have pushed global oil prices higher. Some of the company’s raw material prices are positively correlated with international crude oil price trends, creating a period of pressure on the company’s raw material costs. However, there is a relative lag between raw material market prices and the company’s cost side. The company adjusts its procurement timing based on production demand and prevailing raw material market conditions, and proactively adjusts its inventory preparation strategy in a timely manner. Currently, after taking multiple factors into account—including product costs, end-market demand, and brand positioning—the company has carried out its first round of price increases to the extent possible, in order to reduce the impact of raw material price fluctuations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments