The market for mini fridge temperature control is also subject to volatility as concerns grow about demand destruction for crude oil
U.S. crude for July delivery hovered around $109 / BBL in Asian trading. Oil prices rose more than 2 percent in volatile trading on Thursday, rebounding from two days of losses, helped by a weak dollar and expectations that a possible easing of containment measures would boost demand.
Crude oil prices have risen more than 40 per cent this year amid strong demand for refined products, falling global inventories and record gasoline prices, with US crude data showing continued tightness, with gasoline inventories at their lowest level since December. Oil was also buoyed by a weaker dollar, which gave up recent gains against a basket of currencies that fell 1 percent on Thursday.
Ed Moya, senior market analyst at Oanda, said, "The oil market remains volatile as fears of crude demand disruption grow," adding that despite fears of a recession, the oil market remains nervous and fears of a sharp drop in "short-term crude demand" are overdone.
"The market is extremely volatile," said Andrew Lipow, president of Lipow Oil Associates. "The market is reacting to all kinds of news on an hourly basis and the Oil market is getting more volatile by the day." The S&P consumer staples index fell 2 percent, hitting its lowest level since December, as retailers bore the brunt of rising prices hitting THE purchasing power of U.S. consumers. Kohl's became the latest retailer to be hit by inflation hitting a 40-year high as the department store chain cut its full-year profit forecast. However, Kohl shares rebounded more than 4 percent after falling 11 percent in the previous session, hurt by Target's dismal results.
Market Analysis of mini fridge temperature control
Industry competition and marketization degree: relay industry development is more mature, the market competition is more sufficient, major producing countries including China, the United States, Japan, Germany, etc., including the United States, Japan, Germany enterprise occupies most of the high-end relay market share, is mainly used in industrial automation control, automotive, communications, aerospace and other fields. The output of relays of Chinese enterprises accounts for about half of the global output of relays, but they are mainly medium and low-end products, which are mainly used in household appliances, electricity, automobiles and other fields.
Basic principles and classification of mini fridge temperature control
Basic concept and principle of relay: relay is a control component that automatically disconnects when the input parameters (such as electricity, magnetism, light, heat, sound and so on) in the circuit reach a specified value, which can make the output parameters of the circuit change in a predetermined step. In circuits, relays mainly control, protect, regulate and transmit information. The relay has an induction mechanism that reflects external input parameters, an executive mechanism that realizes "on" and "off" control of the controlled circuit, and an intermediate comparison mechanism that compares, judges and converts the size of the input.
As a control element, relays have the following functions:
(1) Expand the control range, such as multi-contact relay control signal reaches a certain value, according to the different forms of the contact group, at the same time open and close the multi-circuit;
(2) amplification, such as sensitive relay, intermediate relay, etc., with a very small amount of control, can control a large power circuit;
(3) comprehensive signals, such as when multiple control signals are input into the multi-winding relay in a specified form, after comparison and synthesis, to achieve the predetermined control effect;
(4) Automatic, remote control, monitoring, such as the relay on the automatic device and other electrical appliances together, can form a program control circuit, so as to realize automatic operation.
In the competition of the mini fridge temperature control market, enterprises in the United States, Japan and other developed countries constantly consolidate their dominant position in the global market by establishing technical standards, controlling core technologies, strengthening the integration of industrial chains, and firmly mastering the dominance of technical standards and international rules. In recent years, in order to further strengthen the core competitiveness, enterprises in the United States, Japan and other developed countries continue to expand mini fridge temperature control products and speed up technology integration. Their business scope has broken through simple relay manufacturing and developed to industrial control, system integration and other fields. The key to the competition in the high-end field has developed from the competition of quantity to the competition of the basic research and development of new relays, key materials, special equipment and other core products.
The raw material of the mini fridge temperature control
The mini fridge temperature control cost of relay is mainly determined by raw materials, which are mainly iron, silver, copper and other metals, accounting for about 74.4% of the production cost, labour and manufacturing costs accounting for 13.7% and 11.9% respectively, silver, copper and iron materials accounting for 36%, 21% and 7% of the raw material cost respectively. The price of three raw materials has a certain impact on the profitability of the whole industry. In addition to the main metal raw materials of the mini fridge temperature control, engineering plastics and enamelled wire are also important components of relays, and the overall supply of raw materials is stable at present.
The application domain of the mini fridge temperature control
The rapid development of mini fridge temperature control emerging relays. The application field of relays has changed from traditional application fields, such as household appliances and power automation control equipment, ships and new energy. Relay products have been transformed from low-end products to high-end products, such as high-voltage DC relay, high-performance industrial control relay, low-power energy-saving relay, new-generation communication relay, high-frequency relay, relay control components and other high-performance relays. The value chain of the relay industry is constantly extending to the high-end. In terms of product performance, it is developing towards the direction of more sensitive (low power consumption), smaller volume and higher performance (such as high-frequency relay).
Juzlongelec- Safe and affordable time relay mini fridge temperature control supplier
Juzlong Electric Co., Ltd. （ www.juzlongelec.com ） is a high-tech industry integrating research, development and sales. The main products include time relay, small intermediate relay, solid state relay, temperature control instrument, counter, microcomputer time control switch and other piezoelectric devices. Juzlong took the lead in implementing lean production in the industry and established a small-displacement, multi-batch pull production model with Junlong characteristics.
Based on the operating system of business value stream, the organization forms an information flow control triggering mode from manufacturing end to business order, and builds a stable production management system. No matter who you are, Junlong technology will provide you with the best quality products at very competitive prices. You are welcome to contact us at any time to obtain the latest quotations for our professional piezoelectric devices.
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