News ID : 4074
Publish Date : 13 July 2020 - 09:05
Price correction will begin soon as a review of rising output input prices shows that basing 1396 as the base year was not the right decision to raise prices as major price changes began in 1397 and continue to this day.

Khodrocar - The latest reports from the Ministry of Industry, Mines and Trade show that raw materials for the automotive industry have risen in price by 118 to 160 percent.

Meanwhile, the study of the average price difference between polymeric and chemical materials shows that these materials were equal to 8900 Tomans per kilo in 1397, which increased by 118% to 12 thousand 600 Tomans per kilo in 1998.

The price of each kilogram of aluminum in 1397 was equal to 9,400 tomans, which experienced a growth of 121 percent in 1398, so that last year each kilogram was sold at a price of 25,100 tomans.

Sheet iron as the main raw material of the automotive industry has experienced a 161 percent increase in price in 1398 compared to 97 and has increased from 4,700 tomans per kilogram to 7,100.

Meanwhile, the price of rubber has increased by 121 percent, so that it has increased from 9,400 tomans per kilo in 1397 to 13,500 tomans per kilo.

This increase in the price of raw materials is while the half-dollar exchange rate has increased by 196 percent from 6,500 tomans in 1397 and has reached 10,300 tomans. The rate of this dollar in June of this year reached 16 thousand and 100 tomans.

The average growth rate of production inputs from 1397 to 1398 was about 88%, while the average price increase of Saipa 23 and Iran Khodro was 10%.

This report and the review of prices show the necessity of increasing the price of cars more than before, while according to the report presented by the Ministry of Industry, Mines and Trade, 6 reasons should be considered as the reasons for increasing car prices in the margins of the market.

Increased inflation expectations in the society due to the forecasts of inflation, liquidity movement and its intensification towards capital and quasi-capital markets, especially in June 1398, such as stock exchanges, gold, coins, currency, housing and cars, and at the same time Now, changing the consumption pattern in the car from durable consumer goods to capital goods to maintain the value of assets is one of the reasons for price fluctuations in the market..

At the same time, low risk and good return of the car compared to other markets, price increase due to pricing on sales sites and cyberspace, and finally increased propensity to trade due to factory price stabilization and creating a price gap between factory door price and market margin It is also one of the causes of inflammation in the margins of the market.

This situation is while the performance of the automotive industry in the field of production has been accompanied by growth despite obstacles and problems such as shortage of parts, increase in prices of raw materials and even the corona, so that the comparison of production in June 1398 and 1399 shows 32% growth. Meanwhile, a comparison of parking floor cars shows that these cars decreased from 185,000 units in June 1398 to 147,000 units in June 1399, a decrease of 21%.

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