Rising Prices Of Raw Materials Affect Smes In Quanzhou

From the Quanzhou investigation team of the National Bureau of statistics, this year, with the rise of oil and steel prices, especially the price of petroleum products, the production and operation of small and medium-sized enterprises such as textile, clothing, shoemaking, and resin technology, which are the main raw materials of downstream products, have been greatly affected.

According to the investigation team's survey of 1068 small and medium-sized enterprises in the city, the enterprises with 85.96%% think that the price of the main raw materials is higher than that of the same period last year. Only 1.3%% of the enterprises think that the decline is on the contrary. On the contrary, the average selling price of the products of 79.03%% is flat or decreasing with that of the same period last year, which is directly affecting the efficiency of the small scale enterprises. The enterprises with 89.42%% think that the economic benefit is flat or decreasing with the same period last year, and only the 10.58%% enterprises think it is rising.