Approaching To Chinese New Year,cost Materials Is Stable

- Jan 19, 2018 -

During past few monthes,cost materials of steel shots and steel grits was keep going up.Now it is on higher end.As per words from some Informa Economics,cost materials will be stable currently.

From June to December 2017,cost materials increased too much,more then 40%!!!So price of steel shots and steel grits increased accordingly too much!Some manufacturers received too much complaints for prices of steel shots and steel grits.Under this influence,Chinese exporters received less orders from worldwide customers,decreased about 1/3 to 1/2.

In new year 2018,cost materials is changing into stable,and at least all manufacturers saw dawn!!!Let's hope it will be back to reasonable situations to ensure all exporters more orders.

------Reports from R&D team of Frandcom industrial limted on Jan.19,2018

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