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What is the main reason for the rising price of raw materials?
Reasons for the rising price of raw materials:

1. Financial capital hoards raw materials and speculates on commodities in the futures market, which is the reason for the recent rise in commodity prices. This trend will last for at least two years, and the pressure of RMB depreciation will increase. The global economy has not recovered under the environment of sluggish demand in the real economy.

2. Inflation is divided into cost-driven, rising demand and structural imbalance, so the rising cost and price of raw materials you mentioned is one of the reasons for inflation. As for the currency overshoot, it is one of the deep-seated reasons of the above three reasons.