Oil prices spread to parts of Yiwu plastic toy market

Oil prices spread to parts of Yiwu plastic toy market
some of  businessman quietly raise prices 5% to 10%

     “Since higher oil prices, price trend has been gradually toy manufacturer in the downstream apparent.” Yesterday, a reporter from the Yiwu toy dealers understand that some of the recent wholesale price of some plastic toys has risen 5% to 10%, but the surface is not great prices, industry insiders believe this is a factory test the market acceptance of the signal.

    Distribution of plastic toys in the Yiwu market, the owners of Shao Zhenggui introduction, Guangzhou and other places from the manufacturers of the feedback, the current oil prices, the largest amount of ABS plastic toys, plastic raw material prices increased, directly affect the semi-finished and finished products, wholesale toys price. Guangzhou, also produced a remote control car, has risen from 35 yuan per 37 yuan. “While this increase is less than the previous price increases, but the instability of oil prices, the next market difficult to predict, you never know will not continue to raise prices.”

    “Overall, Guangzhou and other well-known toy manufacturer was quickest on the raw material prices have been ranging from 5% to 10% gain.” Yiwu love toy company manager Tong Yuanzhi the door told reporters that manufacturers of Plastic toys have a greater market share, greater voice, introduced the measure to pass the cost of raw material price increases and more quickly.

    Yiwu International Trade City, a part of the market introduction toy business operators, including Yiwu toy companies, including most domestic SMEs more cautious on the overall price increase, except for a few several products, plastic toys in the sale of wholesale and retail remained the original price.

    Yiwu toys on the market, many companies dependence on foreign trade larger orders in the yuan continues to appreciate the context of pre-, toy product prices relative to similar products in other countries has been increased, if the increase in oil prices and Toys price, is not conducive to expanding foreign trade markets.

    Yiwu Toy Association, concerned people, the former situation, several of the price increase, oil prices lead to price increases of raw materials of plastic toys, to toys overall price increases, there is a gradual process of adaptation. From the current situation, the manufacturer is a small price increase more in the test market response. Currently, the association with the member companies and distributors, most of all price increases hold on the sidelines of plastic toys.

    According to reports, nearly two years, China 3C certification system with the full implementation, as well as labor, transportation costs and prices of other raw materials after another, are gradually compressed toys corporate profit margins, companies and dealers want to raise prices, but because the market competition, no one wants to be price increases, fear of losing customers.

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