This year promises to be particularly rich with the release of various new computer components, thereby attracting potential buyers. However, rising metal prices could also make this process very expensive.
The price increase is at the very beginning of the supply chains as it affects raw materials. Consequently, as the production costs increase, the corresponding price increase goes up the chain until the final consumer pays for it all. A particularly large increase in prices is observed for rare metals, which are important in the production of computers and electrical appliances.
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For example, the price of copper has risen from $5,000 to $8,300 per metric ton, which could have a big impact on computer prices. Gold has also remained more expensive. It is not yet known exactly how much this increase could be for end consumers, but Chinese component manufacturers have indicated that the prices of their products will increase by 10 to 20%.
It is not exactly explained what contributes to the increase in the price of rare metals, but it is already clear that it will affect the prices of electronic devices in the second half of the year. Of particular note is that this could make buying electronics more expensive during the holidays. Therefore, if you are planning to upgrade your computer, it is worth saving money now.