Financial turmoil, the slowdown of European ceramics procurement

Published: 16 May 2009 18:41:18

Affected by the global financial turmoil, Europe, major economies slowdown, the European consumer market also signs of slowing down. In this regard, foreign businessmen have changed under the single care together.

Artaud in the 12th China (Foshan) International Ceramics Expo Fair, you can hear the regular exhibitors such questions: "You are Export Department of it?" And the booths of participating companies are also responsible for export of the Department. "Foreign businessmen want a lot of cargo, the general one on the next 3 to 4 orders of containers. And smaller purchases by domestic customers." Such a Shandong exhibitors explained. But the fact is not as people imagine. Foreign businessmen under the care univariate up. Buyers from the United States, Mr. Smith told reporters that he started on the 18th from the settlement at the meeting looking for Italian pottery mosaic. Despite a lot of fancy mosaic, but still not the next single. The main reason lies in the price of Chinese products are constantly changing, the United States market consumption also signs of slowing down, so not dare order.

From Fujian Province, a ceramics company also said that by the financial turmoil, a lot of cash shortage of European merchants are slow or decrease of procurement plans. One of his clients would have to France in September next to him the value of millions of orders, but the last few days on the client told him that because of funding problems and market downturn, orders have been delayed indefinitely.

In this regard, stakeholders said that some of the world's major economies slowdown, sub-loan crisis of the global financial crisis, there have been continuous trend of the spread, so that pottery fair exhibitors will face the purchasing power of European and American merchants decline orders shrinkage.