Mold Industry ‘Pressure Mountain’ – Material Prices Rise, Cost Increases
Basically, the entire manufacturing industry will be directly affected by the price of raw materials in the upstream, and the mold industry will bear the brunt of it. In recent years, due to the increase in mineral prices and the increase in the cost of labor, transportation, and land prices, the price of raw materials has been rising, and has remained high.
The mold industry, which is highly dependent on raw materials, was the first to receive an impact. Rising raw materials meant that the production costs of the mold manufacturing companies increased. Cost competition can be said to be an important competition among companies. Under the pressure of corporate operating costs, reducing marketing costs may become one of the options for companies to reduce operating costs. Due to the changes in the prices of raw materials, many mold manufacturing companies are insured or even lost a large amount of orders before the completion of the loss, the company’s cash flow and development has caused a heavy blow.
On the other hand, rising raw material prices are a double-edged sword for companies and industries. From the enterprise level, the rise of raw materials is not a rare opportunity for those high-quality enterprises that are more scientific, leaner, and more efficient in management. The product structure of these companies is relatively reasonable, and the proportion of high-value-added products is relatively large, and the products have certain technical barriers, are not easily copied, and have advantages and competitiveness in terms of prices. On the contrary, the rise of raw materials will also speed up the elimination of low-end and low-quality companies. For enterprises with extensive management and serious product homogenization, it may be a disaster. In the earlier period, due to the large market demand for coated abrasives and the low barriers to entry, some companies originally relied on low-price competition strategies and struggled with modest profit margins. Under the current situation, there is no order, and orders have become more rampant. It will be even harder to eat all the material costs of rising margins.
This is custom heading elementDescriptionFeedbackDescription Car Fuse Box Injection Molding With 15 years professional manufacturing experience, we are specialized in design and manufacturing of plastic injection mould (tooling) and plastic products for Automotive, electrical appliances, home application, medical devices, Toys and Games, Communication industries and so on. Our Primary Competitive advantages 1. 15 years…
This is custom heading elementDescriptionFeedbackDescription FIT PRECISION MOLD CO., LTD specializes in providing good design and high-precision products at product developing and producing area. Our professional staff are experienced at tool/mold making service including plastic injection mold (mould),die casting mold (mould) and metal stamping mold (die); At the same time we are involved in molded…
Customizing Car Dashboard Covers With Injection MoldDescriptionFeedbackDescription Plastic Pump Casing Pump casing is one single piece, achieved from solid bar, made of very high thickness PP and PVDF to have a good mechanical resistance and a guaranteed long life against the corrosion. Fit Precision Mold Co., Ltd is specialized in providing plastic injection solution for…
This is custom heading elementDescriptionFeedbackDescription Fit Precision Mold Co.,Ltd offers a single-source global solution that supports any size company’s low- to high-volume molding needs. In-house experts working side-by-side are improving the injection mold business model—accelerating the quoting process, as well as including DFM (design for manufacturing) overview with every initial quote. Learn more about our tooling…
This is custom heading elementDescriptionFeedbackDescription Injection Molding Car Bumper Front and rear bumpers are intended to protect the body and important safety components like lights from damage caused by minor impact. No matter how the bumpers on your car, truck or SUV are constructed, we could customize according to your drawings and requirements including front…
This is custom heading elementDescriptionFeedbackDescription What’s the details of plastic injection molds? Mould material P20 steel, 718, 2738, H13, NAK80, 2344, 2343, S136, etc . Runner Cold runner. Hot runner: Yudo/DME/HASCO Certificate ISOTS16949 Standard HASCO, DME, LKM Specification drawings Pro/E, Auto CAD, Solidworks, UG, CAD/CAM/CAE. Precision machining CNC, milling machine, drilling machine, numerical lathe,…
This is custom heading elementDescriptionFeedbackDescription Toy Doll 3D Printing 3D printing rapid prototype is a process of making a three-dimensional solid object of virtually any shape from a digital model. It is achieved using an additive process, where successive layers of material are laid down in different shape. Material available Plastic(ABS, PP, POM, PC, PC+GF,…
Stamped Anchor Frame for Door ComponentsDescriptionFeedbackDescription Stamped computer housing made as clients’ drawing Die type: Progressive die. Raw materials: DC zinc coated, S/S, cold steel, copper, brass, aluminum, all variant raw material available. Surface finish: Powder coating Tooling lifespan: 1 million Feeding machine and stamping machine are used We have our own maintenance team…