Because this increase in prices is driven by cost-driven price increases, rather than increased market demand and higher value-added products, the oil and chemical industries are facing huge inflationary pressures.
First of all, raw material prices have risen sharply. For example, in the first quarter, due to the sharp rise in crude oil prices, in addition to the year-on-year growth in the profits of the oil and gas exploration industry, the profits of the petroleum processing industry have started to suffer losses. The Ministry of Finance's tax rebate policy for PetroChina and Sinopec is proof. For another example, this year, as a raw material for fertilizer production, the coal has broken through the 1,000 yuan mark per ton; another important raw material for chemical fertilizer production is sulphur, whose price has increased from 2,800 yuan per ton at the end of last year to 4,760 yuan in March this year. . Coupled with the tight supply of coal and the strained rail transport, the production costs of most fertilizer companies have surpassed the nationally stipulated prices.
Second, labor costs are also rising dramatically. Some companies revealed that the average salary of their employees has doubled, and companies are still planning to increase wages. The rise in labor costs will certainly drive the rise in corporate commodity prices.
Again, for chemical foreign trade, we are still facing the pressure of RMB appreciation. Since the beginning of this year, the renminbi has already broken 7 against the U.S. dollar. Many export products do not suffer losses at the time of production.
The rising cost will inevitably squeeze the profit space of the company, and the rising price will inevitably affect the competitiveness of the product. Therefore, petroleum and chemical companies must pay sufficient attention to the rise in product prices, and should focus on structural adjustment, technological innovation, and management innovation in order to resolve inflationary pressures. (Yuhua)
Electric Bikes are becoming increasingly popular among commuters,students,and anyone who wants to carry their belongings with them while riding. Here are some of the best electric bikes with baskets on the market:
1. Rad Power Bikes Rad City Step-Thru 3 -This electric bike comes with a front basket that can carry up to 22 pounds of cargo. It also has a rear rack that can hold up to 120 pounds, making it perfect for grocery runs or commuting.
2. Aventon Pace 500 Step-Through - This electric bike has a rear rack and a front basket that can hold up to 25 pounds of cargo.The step-through design makes it easy to get on and off,and the powerful motor can reach speeds of up to 28 mph.
3. NAKTO Cargo Electric Bicycle - This electric bike has a large rear cargo rack and a front basket that can hold up to 22 pounds of cargo. It also comes with a powerful motor and can reach speeds of up to 20 mph.
4. ANCHEER Electric Bike - This electric bike has a rear rack and a front basket that can hold up to 22 pounds of cargo. It also has a powerful motor and can reach speeds of up to 20 mph.
5. Schwinn Sycamore Electric Bike - This electric bike has a rear rack and a front basket that can hold up to 25 pounds of cargo. It also has a comfortable seat and a powerful motor that can reach speeds of up to 20 mph.
Overall, electric bikes with baskets are a great option for anyone who wants to carry their belongings with them while riding. They are convenient, practical, and can make commuting or running errands much easier.
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