Yiwu lock industry is optimistic about sales prospects

November, locks the industry price index on a strongtotal domestic sales. Recently, the majority of lock
rebound in the near future Quotes pick up, in theproducts, foreign trade sales can not be optimistic,
global economic recession and weak external demandsome of the products sold domestically by the
environment, the locks rely mainly on domestic sales.export sector. Due to copper, zinc and other metal
With the accelerating pace of industry restructuring,raw material prices downward fluctuations in business
domestic demand and expansion of other favorablefor the money withdrawn from circulation, reducing
factors, locks bullish market outlook. According toinventory pressures, to ensure the sale. In addition,
"Yiwu index" information system for monitoring, inthe introduction of measures to expand domestic
November on impulse to the high price index 103.06demand to ease the financial crisis has created some
points, up 1.92 points, chain, or 1.9%; climate indexof the pressure, the domestic rise obviously, is a
823.82 points, a decline of 18.83 points, or 2.23%.powerful export Su Liang filled. At present the
    Yiwu market, major products within the lockmarket were as follows: domestic sales, the winter
padlocks, chain lock, ball lock, password lock, cylinder,increase in home decorating, door locks, handle locks,
key blanks, all kinds of handles and so on,anti-theft lock and hinge, the door smoking products
self-adjustment in the market, but also thesuch as the trend is better, volume is relatively large;
emergence of a number of related products, such aschain locks, padlocks, and motorcycle disc lock
mobile phones, etc. Hang chain. At present aroundproducts are also popular with customers, and sales
88% of the market lock products from Zhejiangof substantial. Exports, foreign to inquiry, returned to
Province, of which accounted for 28% of the locala single main, waiting to see a strong atmosphere.
Yiwu, factory direct sales ratio as high as 70.5%, to    Sales of traditional style and stability and broad
produce products mainly middle and low of the locks,prospects. New Year approaching, the people
the scarcity of high-end products. As the lockincreased demand for traditional door locks, such as
industry is a labor-intensive industries with low barriersball lock, handle lock, mortise lock, etc., the recent
to entry, degree of specialization is not high,volume of sales potential to go stable, mostly
competition has become increasingly heated.domestic-based. Most businesses will be based on the
    Lock Industry Analysis of Recent Quotesdifferent needs of urban and rural household-level
    Significant price volatility, industry competition.locks tranche of production, sales prospects are
Copper, zinc and other metal raw material pricesextremely good.
continuing to fall, some lock product selling prices are    Lock industry trends
varying degrees of reduction. Due to fluctuations in    Lock industry, a new round of technological
raw material prices to continue to other factors,competition has started with high-tech trend is clearly
some foreign investors who wait and see attitude,the future development of high-end products.
delaying the implementation of procurement plans and    As China's high-end residential, automotive,
look forward to "Made in China," the next wave ofhigh-grade office buildings and hotels, the rapid
price cuts, pressure on manufacturers of highlydevelopment of related industries, high-end locks will
expensive stocks. Some large and powerfulcontinue to increase market demand for such
companies lock customers because there are certainproduct development has become urgent, such as
reserves and technical management advantages of athe IC card electronic door locks, electronic lock ,
strong anti-risk capability; while some smallermagnetic door locks, fingerprint lock and so on.
companies because of lock stock consumption,High-end locks with high technological content, more
cash-flow capacity of poor, caught in price volatilityprominent humane, personalized, and its products are
whirlpool, to some extent exacerbated the marketrelatively high profit, high-end market prospect is
lock the intensity of competition in the industry.extremely broad locks.
    Export volume has shrunk away, pulled up the