2007年2月25日星期日

Global toy shortage brings Yiwu big orders

It is learnedrecently from the toy dealers in Yiwu International Trade City that the business before the Spring Festival is surprisingly good,of which foreign orders account for over 80% . The shortage of toy products in the global market,especially in countries of Europe and America ,andthe big sale before Christmas in 2006 made the foreign toy dealers hurry to purchase in China after Christmas,said some relevant workers in Yiwu Toy Industry Association .
“The business was always not so goodin the periodbetween Christmas andthe Spring Festival in previous years,andmost of the foreign order forms usually came after the Spring Festival . Judging from the present situation,the peak of foreign orders has already come this year .” Tong Yuanzhi,vice chairmanof Yiwu Toy Industry Association,toldthe reporter in an interview,“the foreign dealers’inadequate stock is just one of the reasons; another reason is that Yiwu local toy manufacturers andd ealers lost confidence in export,due to the improvement of toy criterion in Europe andAmerica ”.Besides the toy markets in Europe an and American countries,those in other countries also suffer the problem of product shortage,Tong Yuanzhi added .
Tony,a purchaser from the U. S . checking the samples in the International Trade City,has already placedan order for several types of intelligent moppets . He acceptedthe reporter’s interview .
The demand of the U . S . for Chinese toy products was really huge at the end of last year and many American parents couldnot findsatisfactory toys for their children during the Christmas holidays,Tony said.
At present,however,Chinese toy manufacturers are confronted with serious problems,such as the rising labor cost,the shortage of labor force,the rising cost of raw materials,the present low export price,andthe higher freight cost . All of these further reduce the profits of toy manufacturers and make them tend to decrease their output . This also leads to the shortage of toy products in foreign toy markets .

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