Source: Yiwu sourcing agent Author: Gary Date: 2008-06-03
In spite of the higher and higher price of raw material in the first half year, hardware industry i s booming now. Hardware manufacturing enterprises are in a good orbit of 'good quality going with reasonable price' and 'chance of survival going to the fittest'.
According to statistics,prices of most hardware products increased a lot in the first half year of 2007. Take a kind of block board of a certain brand for example ,the price was RMB110 compared with RMB90 last year,a 20% increase . As a result of the imbalance between supply and demand of raw material, the price of hardware products was on the rise . Experts say the price
increase of raw material this year was the specific embodiment of market economy rules in hardware industry. The world economy recovery and continuous growth of China's economy are the basic reasons for the price increase of metal raw material.
Under the pressure of continuous price increase for raw material, hardware manufacturing enterprises had to adapt their tactics to suit the situation for survival and further development . As a result,hardware industry gained the chance to boom. It's learned that since the cost increase,hardware manufacturing enterprises,including manufacturers in Yiwu market,has paid more attention to technology innovation to upgrade the products technologically . According to the principal of price going with quality, price of the upgraded products is higher too . Accordingly, hardware industry in Yiwu market is more competitive now.
Prev:Yiwu customs strengthens firewall consolidation Next:Import of Zhejiang Province grows steadily