raw material

IKEA raises prices by 9%, sees supply chain disruptions far into 2022

By admin1 on December 31, 2021 • ( 0 )

In a statement IKEA said, it is raising the prices by around 9% following an increase in raw material prices and transportation costs. Previously, IKEA had said it was leasing more ships, buying more containers and re-routing goods between warehouses… Read More ›

China’s auto sector stumbles by 3% in May, outlook remains cautiously positive for full year

By admin1 on June 11, 2021 • ( 0 )

For the first time in 14 months, vehicles sales in China fell by 3% in May 2021, compared to the same period a year earlier, according to industry data released on Friday. Data from China Association of Automobile Manufacturers (CAAM)… Read More ›