How you can get the best price from factory based on the CNC Raw material are growing up?

As we know, the prices of raw materials, such as brass, stainless steel, aluminum, iron, etc., are rising sharply. Next, let`s take brass as an example, because brass is also one of our main materials. According to the rising trend of brass, let`s analyze how to choose a better CNC supplier

Since April 2020, the copper market reference price has continued to increase. The copper market reference price on December 31, 2020 was 57,955 yuan/ton, an increase of 8,921.67 yuan/ton from January 1, 2020.

The copper market reference price declined in mid-February 2021, and the copper market reference price began to gradually rise from the beginning of February. The copper market reference price on February 19, 2021 was 63360 yuan/ton, an increase of 5405 from January 1, 2021 Yuan / ton. In 2021, the supply and demand shortage and the highest level of currency in the history of the United States are expected to continue to increase in copper prices. The LME copper price in the first half of 2021 is expected to approach or even exceed US$10,000/ton. After global demand recovers and inflation rises, monetary policies in Europe, the United States, Japan and other countries are expected It will be tightened and copper prices will be adjusted. However, in the long run, the rapid growth of copper demand for electric vehicles, charging piles and supporting grids under the background of carbon neutrality, and the vigorous development of clean energy such as energy storage and photovoltaics will obviously drive the growth of copper demand. It is expected that the tightening of monetary policy will usher in a long-term strong copper price after a short-term adjustment in copper prices.

Ruiyihang Technology specializes in the production of CNC precision Machining for more than ten years. We have a very stable raw material supplier channel and give us the most favorable long-term cooperation price, so we can give our customers the most favorable price. In addition, the long-term cooperative relationship with suppliers, the quality of raw materials and product delivery are also the most guarantee for us. We specialize in precision machining of ultem, copper, aluminum, stainless steel, iron and other materials.