If only China didn’t shut down
China has zero tolerance for Corona.
This means both appropriate and inappropriate consequences for China and the rest of the world.
Move on quickly
While Europe and the rest of the world closed down in spring 2020, China quickly returned to normal speeds.
Therefore, the country could quickly produce and deliver again. And has been able to do it almost ever since.
Limited demand
However, part of the normal demand from China was hit due to the shutdown in the rest of the world.
However, they also opened relatively quickly again.
With a large hump of demand and thus increasing freight and material prices as a result.
China is shutting down again
China still has zero tolerance for Corona.
Therefore, areas and cities are brutally shut down when the virus appears.
And this means that there may continue to be unforeseen minor delays in production in China — now that the rest of the world has decided to live with Corona.
Freight prices decreased significantly
On the other hand, we now see that freight prices have fallen by 60 to 70 percent. But from a sky high and unsustainable level.
Recently we have received a price that was only barely twice the freight prices before Corona. And after all, it’s more acceptable than a six-fold increase that we’ve lived with a long period of time.
All in all, we are approaching more normal conditions in China.
We continue to travel to China
Although we can handle most things from Durup through our online connection to the people in China, we continue to travel to the country.
It is important that we stay sharp on Chinese conditions so that we can provide you with the best possible service when you choose product development and production in China.
In fact, Per has been in China these days.
You are always welcome to contact him to hear about your sourcing options in China.
Use the button below.
He responds even if he is in China.