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BAD NEWS! CORONAVIRUS
Unfortunately, we have just learned from reliable sources that the Chinese market will remain closed until 8 April instead of 6 March.
What does this mean?
Unfortunately, we can already see that 60 to 70 percent of the raw material and chips are no longer available. The expectation is that within the next few weeks the complete stock will be exhausted at China factories.
So should you walk around with your order, doubting whether it will last? Then we advise you to inquire as soon as possible about the latest costs and stock etc.
As long as the corona virus continues to spread in this way, the market is expected to remain closed for longer than April 6.
This means that the raw material is not enough, and some of them cannot even be carried out.
Coronavirus impact on foreign trade and Suggestions.
1). A large number of chips, plastics and other raw materials are used to make temperature meters, protective suits, masks and other necessary products. Raw materials are in short supply, leading to higher prices.
2). The delayed start of the factory resulted in many orders queuing for production. The delivery time will be longer.
3). A large number of people could not leave their hometown to return to work, and employees could not arrive in time, resulting in low output and slow production speed.
Suggestions
It would be wise to prepare to import what you need as early as possible now. Because, now the factory still has some stock of raw materials. Once the raw materials are used up, the price rise will be the inevitable result