"Price hike" seems to be the hottest word this year.

Due to the currency overflows, many industries in China are paying for the global currency overissuance, resulting in the explosive growth of copper, aluminum, chemical raw materials prices in the past quite a long period of time, this growth momentum is difficult to achieve a fundamental reversal in the short term.

In addition to bulk raw materials, packaging, foam, logistics, labor and so on, all costs related to manufacturing have seen rapid growth. This huge cost pressure brings great production and management pressure to enterprises. Price rises have become the collective choice of the manufacturing industry.

Many enterprises in the air compressor industry have issued price adjustment notices. Recently, the industrial air Department of Atlas Copco (Shanghai) Trading Co., Ltd. has also issued price adjustment notices for air compressor users and dealers: Starting from April 1, 2021, the company will adjust the price of all products in the Industrial Gas Department. Except for some specific models, the overall price adjustment range is +5%~+15%. The specific product price adjustment range is subject to the final price of the system.

Prices are expected to continue.

Source: air compressor network