China Zhejiang Yiwu market update on October 10,2020

YIWU CITY IS AN AMAZING ECOMMERCE CITY FOR CROSS BORDER AMAZON BEST SELLERS

According to monitoring, the weekly price index of small and medium commodities of “Yiwu·China Commodity Index” was 100.87 points this week, a slight increase of 0.15 points from the previous month. Among them, the direct exchange price index rose by 0.39 points from the previous month, the online order transaction price index and the exchange order price The index fell 0.8 points and 0.14 points respectively from the previous month, and the export transaction price index trended steadily.

The National Day holiday is approaching, the retail market of tourism products is outstanding, and the sales of toys, handicrafts, jewelry and other products are gratifying; recent cooling has accelerated, clothing and apparel, needles, textiles, care and beauty products and other industries are in season Product sales are heating up; later festive activities increase, and wedding products such as bedding and folk crafts enter the peak season. Among the 15 major price indexes, hardware and electrical materials, luggage, cultural and office supplies, electronics and electrical appliances, accessories and packaging, sports and entertainment products, nursing and beauty products, jewelry, shoes, handicrafts, etc. Ten major categories rose, with the largest increase of 2.58 points; the five major categories of toys, daily necessities, clothing and accessories, watches and glasses, needles and textiles fell to varying degrees, with the largest drop of 2.34 points. Among the 97 secondary category indexes, the increase rate was 34%, the decrease rate was 27%, and the flat rate was 39%.

The price index of clocks this week was 100.42 points, a slight increase. With the improvement of people’s consumption level, the number of mid-to-high-end products in the market increases. Mid-to-high-end craft clocks and fashionable quartz wall clocks have stable domestic sales, and the products are sold to surrounding areas; innovative cartoon double bell alarm clocks, voice-activated cartoon smart electronic alarm clocks, smart Bluetooth audio alarm clocks and other products are eye-catching and popular among students; affected by the epidemic, The export is mainly based on the replenishment of regular customers, and the sales of LED electronic calendars, retro grandfather clocks, creative craft clocks and other products are stable.

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The price index of packages this week was 104.53 points, a slight increase. The autumn and winter bags are on the market, ushering in the peak of procurement. The Mid-Autumn Festival and National Day holidays are approaching, and the sales of all kinds of mountaineering bags, casual soft leather backpacks, hand-held travel bags and other products are gratifying; the autumn and winter product market is launched, and products such as retro armpit bags, geometric diamond bags, cartoon doll plush bags are welcomed by the market , The local and surrounding areas increase in wholesale and retail markets; merchants in the Middle East and Africa are actively replenishing goods, and the products are mainly concentrated in low-end travel bags, waist bags, shoulder bags and other products.

The price index of skin care and beauty products this week was 100.12 points, and the trend has stabilized. Affected by seasonal factors, moisturizing products are sought after. Facial toners, moisturizing products, eye creams, lip care products, facial massage creams and other products have a strong domestic sales momentum; lipsticks, moisturizers and other products are on the rise, mainly for domestic sales; eyebrow pencils, eye shadows, eyeliners, lip pencils, The export market of beauty products such as blushes rebounded slightly, and the market of other makeup removers was stable.

The price index of nursing and beauty appliances was 100.52 points this week, and the trend was stable. Cosmetic cotton and facial mask paper have outstanding sales, and are sold domestically in neighboring provinces and cities, and exported to the Middle East, Europe and the United States; blush brushes, eye shadow brushes, cosmetic pens and other appliances have increased foreign inquiries, mainly purchased by regular customers; metal mirrors, resin mirrors, horn combs , Resin combs and other high-end products are sold throughout the country, plastic, wood, bamboo mirror combs are mainly exported to the Middle East, Africa, and Southeast Asia.

The price index of fragrance category was 100.03 points this week, a slight downward adjustment. As the climate turns cooler, the demand for perfume drops and the market is relatively stable. Mid- and low-end perfumes are mainly sold in the Middle East and Africa, mainly by telephone and online orders; small bottles of perfume for women that can be carried are popular with consumers, and the products are sold to major and medium-sized cities in China; in recent years, the market for car perfumes has become increasingly stable and on-site Wholesale and retail sales; the sales of essential oil health products have been increasing year by year and have gradually been accepted by domestic consumers.

The price index of accessories this week was 101.16 points, which continued to rise. Recently, ribbons, laces, and embroidery products have been selling well, with rich varieties, which are favored by buyers. For domestic sales, the sales of various colored ribbons, handmade patterns, headwear accessories, cloth stickers and other clothing accessories have increased, and online transactions are active; for export, products such as bead and diamond jewelry, resin zippers, embroidery, and cloth stickers have been selling well recently. Mainly orders placed by domestic and foreign merchants, sold to Western Europe and Africa.

The price index of electronic and electric toys was 99.75 points this week, a slight downward revision. In terms of domestic sales, driven by the Mid-Autumn Festival and National Day holidays, merchants in surrounding areas increased their replenishment activities, and sales of products such as assembled remote-controlled electric vehicles, children’s riding electric skid excavators, and electric train sets increased slightly. In terms of export, small orders such as musical electronic keyboards, electric toy puppies, and stunt dump trucks are mostly small, which are mainly exported to Southeast Asia and the Middle East.

YIWU IS AN AMAZING ECOMMERCE CITY FOR CROSS BORDER AMAZON BEST SELLERS

The price index of hair accessories this week was 102.16 points, a slight increase. Affected by seasonal factors, sales of headscarves and headband products increased slightly. Cartoon-shaped plush face wash headband, velvet diamond-encrusted high-stretch headband, hair ball straps, retro fabric side clips, children’s cute style fabric headbands, etc. Sales are rising; middle-aged and elderly short hair sets, bobo heads Wigs such as styling wigs, internet celebrity bangs, bandage ponytails, and wigs ball heads were sold in high volume.

The price index of special crafts this week was 100.52 points, fluctuating downward. In terms of domestic sales, tourism shopping products have increased significantly during the long holiday season. Religious products such as smokeless butter lamps, lotus incense sticks, wooden beads, bodhi, monk clothes, monk shoes, etc. sell well; the peak season of the wedding industry at the end of the year is coming, couple towels, happy characters The market outlook for festive supplies such as stickers and lanterns is promising. In terms of foreign trade, various festive pendants, tassels, couplets with traditional Chinese characteristics are favored by overseas Chinese and overseas Chinese, and are mainly sold to Southeast Asia and South America.

The price index of bedding products this week was 101.24 points, a slight downward adjustment. This week, the temperature has accelerated and sales of seasonal products are strong. In terms of domestic sales, blankets, four-piece cotton printed sets, quilts and other products are in strong demand, and are mainly sold locally and surrounding areas; functional winter quilts and pillow cores that can regulate nerves, prevent mites and sterilize are well received by buyers and regular customers Frequent return orders; sales of wedding products have increased significantly, and branded gift box bedding products are eye-catching. In terms of export, the epidemic has eased in some regions. Chemical fiber blankets, cotton wool blankets, worship blankets, quilted quilts and other products are mainly sold to Africa, the Middle East and Southeast Asia.