What is the reason for the price increase of the long front boom for excavator

Speaking of price increases, I believe everyone is a headache. The soaring prices have put more and more pressure on everyone’s lives, and daily expenses are also increasing. However, our wages cannot keep up with the rise in prices. Many people often go everywhere to live. Busy running around. I believe everyone knows some of the reasons for the price increase. The price increase of raw materials and accessories, the increase in costs, and the shortage of supply, these are all reasons for the increase in prices. Recently, everyone must have discovered that the construction machinery industry has also ushered in a substantial price increase. In particular, the price increase of products like the long front boom for excavator is very high. What is the reason for this?

Everyone knows that the main raw material of the long front boom for excavator is steel. Recently, the price of steel materials in the international community has soared, resulting in nearly doubling the steel materials in all regions. This is one of the important reasons. Another reason is the continued international trade frictions and the severe situation of foreign epidemics, the prolonged customs declaration period for imported parts, and the sharp increase in operating costs caused by the increase in parts supply prices, warehousing and logistics costs, and labor costs are also reasons for the increase in the price of construction machinery.

In fact, there is also a phenomenon behind the increase in the price of long front boom for excavator, that is, people’s demand for such construction machinery as long front boom for excavator has increased, and the production and manufacturing have not been able to keep up, resulting in a situation in which demand exceeds supply. , It also reflects how rapid the development of the infrastructure industry around the world is.