Will the conflict between Russia and Ukraine hurt the supply and exacerbate the price rise of electr

As the Russian armed forces are rapidly advancing to Kiev, the capital of Ukraine, the conflict between Russia and Ukraine has escalated to a level that most peace loving people do not want to see. This conflict has also been defined as the biggest geopolitical chaos in Europe after the cold war, which will have a far-reaching impact on the future world.

Mineral resources of Ukraine

Ukrainian black soil also contains rich mineral resources. Coal, iron, manganese, nickel, titanium, mercury, graphite, refractory soil, stone, oil and natural gas rank among the top in the world.

Recently, the hidden dangers brought by the war between Russia and Ukraine have spread to many countries, leading to the rise in the prices of raw materials and the sharp rise in the prices of bulk commodities such as aluminum, nickel and oil. Among them, the price of aluminum has risen to the highest level in more than 13 years. On February 24, aluminum prices broke through the 2008 high and reached a record high of US $3388, with an increase of nearly 3%.

In the post epidemic era, the market price of raw materials can be said to remain high. Minor changes in the supply of raw materials will penetrate the whole supply chain and trigger the price rise of auto enterprises. (price increase has obviously become an inevitable choice)

Raw materials have soared, and the price rise of batteries has become a fact

In the case of many domestic outbreaks, the logistics lines are still in the status of semi interruption, and the transportation situation is not optimistic. In addition, the already rising raw material prices have escalated again in the intensification of the conflict between Russia and Ukraine. In addition, many dealers are in the promotion season of the beginning of school, the sales volume has also reached a small peak, and some dealers have insufficient inventory. Under multiple pressures, many battery manufacturers have already issued price adjustment announcements, and it has become an inevitable trend for battery prices to meet another small peak.

Whether to continue a new round of price war or not?

Under the atmosphere of overall price rise, will the battery price war continue to spread or further expand? The answer is not necessarily. However, according to the preliminary judgment of the current situation, for a long time to come, the battery industry will be affected by sudden factors such as cargo expansion, repeated epidemic, rising raw material prices and so on.

To sum up, battery prices will undoubtedly only get higher and higher. Xiaoxin reminds dealers that only by following up the latest market trends at any time, taking inventory and preparing goods in a timely and reasonable manner can we be calm and calm.