The price of raw materials is rising, Yiwu pen industry may reshuffle

by:Yourijiu     2021-09-03
Recently, the author learned from the Zhejiang Yiwu Pen Industry Association that with the rapid increase in raw material prices, many Zhejiang Yiwu pen manufacturers will face the test of 'survival of the fittest'. Companies cannot withstand the pressure of rising costs and have already announced conversions or cessation of production. MicrosoftInternetExplorer402DocumentNotSpecified7.8 lbNormal0 Recently, the author learned from the Zhejiang Yiwu Pen Industry Association that with the rapid increase in raw material prices, many Zhejiang Yiwu pen manufacturers will face the test of survival of the fittest. Some of them are trying to break through. Some companies cannot withstand the pressure of rising costs and have already announced conversions or cessation of production. As a base for China's pen-making industry and trade, Yiwu has more than 500 pen-making companies with an annual output value of over 2 billion yuan and an export rate of 70%. The products are exported to Europe, America, Japan, Southeast Asia, and the Middle East. The production system of various types of pens and inks, in which the output of pen nibs accounts for more than 70% of the country's total, and the output of pen cores accounts for 80% of the country's total. It is understood that starting from the second half of last year, the prices of raw materials such as copper, plastics and other non-ferrous metals have risen sharply. The differentiation of Yiwu pen-making enterprises is beginning to emerge. According to a person in charge of a stationery company, the company's production and sales are now in good condition, and the company is producing at full capacity. However, due to the increase in production costs, the price of the products cannot rise, the profit is very low, and the production can only be guaranteed. The company will adopt a series of measures such as strengthening internal management, improving product technical content and added value, to reduce production costs and deal with severe tests. When the author interviewed some small pen-making companies, the business owners said reluctantly that they really couldn't afford to lose money and could only stop production to see the situation before breaking through. The industry believes that only by continuously strengthening internal management systems and improving product quality, pen manufacturers can produce high-precision, high-tech, and high-quality products, so as to win more consumption. By.
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