The impact of the Russian Ukrainian war on the dye market? Exchange rate fluctuations, rising oil prices, rising raw materials and rising freight costs

The armed conflict between Russia and Ukraine officially began on the 24th, and the war has been going on for more than 48 hours.

During this period, the Russian army continued to fight with the Ukrainian armed forces with multi-point missile attacks and ground forces.

The Ukrainian side then counterattacked with missile attacks in the Azov Sea and the Russian Ukrainian border.

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Russia is an important international energy supplier, and Ukraine is a major global food producer.

The Russian Ukrainian war will undoubtedly have a significant impact on the bulk oil and food market in the short term.

The rise of basic chemical raw materials caused by oil, and the fluctuation of exchange rate and the obstruction of shipping and land are undoubtedly the major constraints faced by foreign trade enterprises.

This article is from rhodamine b dye China largest manufacturer in China, welcome contact us for latest basic dyes information.

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Email:jessie@xcwychem.com

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Post time: Feb-27-2022