The price of masks fell by 30% under the epidemic after the cliff under the wind mouth
"Under the tuyere, there is often a cliff." A mask manufacturer in Shanghai lamented that his business had stalled due to the recent price plunge.
With the gradual control of the domestic epidemic situation, the domestic mask production capacity has also appeared to exceed supply. The seller's market has become the buyer's market, and the mask called "Shield of Life" is no longer "hard to find", and the price has also dropped significantly. Some merchants have "lost money to lose money" for destocking. In addition to mask machines, the price of meltblown cloth, one of the main materials of masks, also fell significantly.
The wind stopped! The price of masks fell by 34%, and merchants rushed to ship and shouted at a loss
At noon on June 7, Zhang Na, general manager of a mask manufacturer in Handan, Hebei, did not have a lunch break: he was worrying about the stock of masks. A few days ago, an old customer of hers asked for the current market price with a mask, which made her very difficult.
"Although the prepayment was paid and the contract was signed, considering the brand effect, and I wanted to ship quickly, I still agreed." Zhang Na said, "No one can afford to pay the price."
Zhang Na knows that the price of masks has continued to drop since May.
A reporter noticed on an e-commerce platform that some merchants put out an advertisement slogan "50 disposable medical masks cost 59 yuan". Folded down, each disposable medical mask is 1.18 yuan. In Zhang Na’s impression, the price of masks remained high in mid-April, and KN95 was “difficult to obtain”.
An industry insider bluntly told the reporter of the Beijing News Shell Finance that selling masks at a price of 1.18 yuan per person, the merchant is basically "losing money to lose money" and not making much money.
Liu Ning, the owner of the e-commerce platform, confirmed the above-mentioned industry insider's statement. He told the Beijing News Shell Finance reporter that starting from May, the price of masks has been declining so far, from a seller's market to a buyer's market. "Now at this stage, if you want to return to the capital, you must pay close attention to shipping." Liu Ning said.
The mask used to be a huge tuyere.
Affected by the new coronary pneumonia epidemic, society's demand for masks has skyrocketed. According to the data of the company's search, from February to April this year, the average number of registered companies related to masks and meltblown fabrics was about 20,000 and 2,000, respectively. It is worth noting that the number of mask-related companies registered in March increased by 388.2% from February. Meltblown cloth is one of the important raw materials for masks.
But as the domestic epidemic situation stabilized, the hard-to-find situation ceased. In May this year, there were about 12,000 and 2,000 registered companies related to masks and meltblown fabrics, respectively. Compared with April this year, they fell by 66.16% and 55.5% respectively.
"Taking medical surgical masks as an example, I sold it at 1.8 yuan each, and some manufacturers sold more than two pieces." Zhang Na said, "This is only the price sold to wholesalers." Even Zhang Na provided Based on the "wholesale price" at that time, the mask still fell by about 34%.
Fortunately for Zhang Na, Zhang Na has import and export related qualifications, and one of the important raw materials for masks is also within her production range. After the risk was shared, Zhang Na did not "injure her vitality."
"Jinshan" wants to become "scrap iron"? Mask machine discounts are also difficult to sell
Compared to Zhang Na, Li Si, a mask maker, is not so lucky.
Li Si runs a machinery manufacturing plant in Shanghai. He first smelled the business opportunities of the mask machine from the circle of friends, but he entered the venue a little late. At the beginning of April, Li Si accidentally discovered that one of his colleagues sent several pictures of the mask machine in the circle of friends. Due to the proximity of the industry, Li Si felt that this was an opportunity to devote one million dollars to purchase parts to start the production of mask machines.
Then orders came one after another! According to Li Si, at the peak, 7 mask machines were sold a day. "It was crazy during that time. No matter what you do, the word "mask" is Jinshan, and you can make money if you put it on." Li Si said.
The business model of the mask machine is not the same as the general machinery manufacturing that Lisi is familiar with. "Taking our previous business as an example, it is generally after customers pay a deposit before they start to buy parts production machinery. Customers who buy mask machines are all in stock. During that time period, delays are equivalent to letting customers lose money."
But the good times are not long, this crazy day lasted more than ten days. According to Li Si, from May to now, his orders are rare, and two mask machines are in the backlog. "You can only see if someone wants it at a discount. You can do it, and later it will really become a pile of scrap iron." Li Si said with a sigh.
The melt-blown cloth level 90 spot has dropped from the April high of 425,000 yuan/ton to 30,000 yuan/ton
Meltblown cloth, one of the important raw materials for masks, has also been affected. A melt-blown fabric manufacturer told the Beijing News Shell Finance reporter that melt-blown fabric materials are divided into 25g and 50g, and the filtration efficiency is 92%, 95% and 99%, which is usually 90. Grades 95, 99, and 99 mean that 90%, 95%, and 99% of non-oily particulates can be filtered, and the price of each grade is different.
Compared to masks, the price of meltblown fabrics has changed significantly. "Overall, the price of melt-blown cloth was less than 20,000 yuan per ton from before the epidemic, and rose to more than 200,000 per ton by the end of February. At its highest, it was 520,000 per ton, an increase of more than 20 times." The melt-blown cloth The producer told reporters, "Since the middle and late May, the price of melt-blown fabrics has been declining."
According to public information, the level 90 melt-blown cloth spot has dropped from the April high of 425,000 yuan/ton to about 30,000 yuan/ton. According to public information, the price of meltblown fabrics on June 6 was 30,000 yuan per ton for the 90-level spot. The 95-level spot reported 120,000 yuan/ton, and the 99-level spot reported 220,000 yuan/ton.
Low tide! Merchants have the most sensitive sense of smell. According to industry and commerce information, as of June 5 this year, the number of companies whose business scope included the keyword "melt-blown cloth" has been revoked and cancelled is 45. The number of enterprises whose business scope includes the keyword "mask" has more than 10,000 revocation and cancellation companies.
Mask concept stocks hide the risk of "overcapacity"
Due to the surge in demand, high gross profit margins, and the sharing of labor costs and fixed costs of the main industry, many listed companies have actively entered the mask industry chain, and even cross-border production masks. As of March 4, Wind data showed that more than 10 A-share listed companies were included in the production of concept stocks, and at least 6 related concept companies had daily limits of more than 10 days. A number of listed companies clearly stated that the rapid growth of sales of masks and other products drove the rapid growth of operating performance in the first quarter.
Behind the gratifying performance, there is also a hidden risk of overcapacity. How to break the game? While the epidemic situation abroad continues to develop, exporting to foreign countries has become the primary choice for many cross-border operators to increase sales. But this also faces qualification problems.
On March 31, the Ministry of Commerce, the General Administration of Customs, and the State Food and Drug Administration jointly issued the "Announcement on the Orderly Development of Export of Medical Materials", focusing on strengthening the quality control of the export of 5 types of medical materials such as medical masks; on April 25, the Ministry of Commerce , The General Administration of Customs and the State Administration of Market Supervision and Administration jointly issued the "Announcement on Further Strengthening the Quality Supervision of the Export of Epidemic Prevention Materials", focusing on strengthening the quality control of the export of non-medical masks.
"Many companies, especially for small and medium-sized enterprises, they are currently not qualified." A person in charge of the mask company supervisor told the Beijing News Shell Finance reporter.
Beijing News Shell Finance reporter Li Dawei