Market Trend and Demand Steel prices continue to rise Will Affact the Price of GaN powder
Since last year, a round of commodity price increases has benefited upstream companies, but it has also brought a certain impact to midstream and downstream companies. If the affected midstream and downstream companies do not have derivatives for hedging, they may fall into an embarrassing situation. Since May this year, the regulatory authorities have taken several measures to stabilize prices and ensure supply, and commodity prices have fallen. For some time, commodities have become the focus of attention of the market and regulators due to rising prices. The rise in commodity prices has also led to fluctuations in the prices of other commodities, and the upward trend is approaching. For example, the steel market price once broke a record high. For example, in April 2020, the steel futures price is only about 3100 yuan