The Tense Situation On The Korean Peninsula Is &Nbsp; Yiwu'S Small Commodity Market Has Sharply Reduced Trade With The DPRK And South Korea.

Yiwu small commodities

Close to Christmas, it was the period when the Yiwu market climbed Korea trade. However, in the market this year, both foreign trade businessmen and Korean enterprises in Yiwu began to postpone the pace of trade.

Foreign businessmen worry: Korean businessmen who have a good reputation are also dragging their money.

Because a rush to urge the money can not be implemented, in Yiwu Xing Zhong District jewelry accessories accessories Xiao Huang is very upset.

It is not new for him who has been in business for 4 years in Yiwu, but Xiao Huang said, "this time it was different. This customer had a very good reputation before, and the money was always on time."

Xiao Huang knew that the sudden "breach of contract" of the guest was related to the recent tense situation in the Korean and Korean dynasties.

The guest surnamed Li began to cooperate with Xiao Huang 3 years ago.

From the Liaoning border town of Dandong, Mr. Li will take a large share of Korean orders and some North Korean businessmen to see the goods in the Yiwu market.

In November 1st, Mr. Li and several North Korean businessmen visited Xiao Huang's factory and ordered him to buy nearly 100 thousand of the total value.

"Although the volume of cargo needed is not large this time, cooperation with him has always been profitable and it will be paid several days after delivery."

Xiao Huang hurriedly informed the factory that all the goods would be ready for delivery within 3 days.

The goods were sent to Dandong in November 15th. Soon after, the situation in the Korean and Korean dynasties began to tense, and Xiao Huang in Yiwu was also affected.

100 thousand of the money, after delivery for a week, did not enter the bank account of Xiao Huang.

The reply of merchants is also expected by Xiao Huang.

"He said that the North Korean customer had not paid him the money since he returned home, and he was waiting for the money."

Mr. Li and Xiao Huang are helpless on the phone.

The goods had been sent out for a month, and the money was still intact. Xiao Huang began to habitually get up early and browse the news of the situation between Korea and the Internet.

"Hastening several times and useless," Yiwu businessman Xiao Huang expects the situation to warm up, the arrival of goods to the ledger came sooner.

Logistics providers worry that exports to Korea will fall into the off-season ahead of schedule.

"In recent days, there has been a slight decline in the volume of pport from me to Korea."

Mr. Joe, who has been engaged in the logistics business for 8 years, is half an expert in the Korean trade industry.

"The traditional peak season for trade with Korea is from mid October to mid December. The volume of trade purchases from South Korea in the second half of this year showed an increasing trend than in the first half. However, after the complicated situation on the Korean Peninsula, the volume of pport decreased immediately."

Mr. Qiao explained that the increase or decrease in the volume of pport can directly reflect the volume of trade. "I can receive fewer shipping orders here, which indicates that the volume of purchases by Korean businessmen in the Yiwu market has been reduced."

Mr. Qiao analyzed: "the domestic and international situation of the other side is unstable, it will strike a trade businessman's confidence, and will also weaken the consumption desire of the people. The guests who purchase in Yiwu are naturally few.

Second, the recent sharp changes in the won exchange rate have greatly reduced the original profit margins, leaving many Korean businessmen reluctant to take the goods and holding a wait-and-see attitude.

Mr. Joe and his colleagues are very worried whether this will lead to the early end of the Korean trade peak season in the period of purchasing and logistics rising. "Now the foreign trade profit is very thin. If we shorten the peak season, then our business will be very difficult this year."

Mr. Joe said.

Yiwu Korean Enterprises: to deal with the collapse of the Korean won against the US dollar, postpone the order.

At the same time, whether the complicated situation on the Korean Peninsula will have an impact on the Korean enterprises in Yiwu? Yesterday afternoon, the reporter interviewed Huang Haoguo, chief of the Yiwu Korean Chamber of Commerce.

On hearing the news, Huang picked up the exchange rate of the won against the US dollar in a few days.

"In Yiwu, Korean enterprises are doing business in US dollars. The impact of exchange rate falls on enterprises is huge."

Huang Haoguo has been in Yiwu for more than 5 years, he said slowly in Chinese: "before, 1 dollars can be exchanged for 1134 won, and suddenly fell to 1 dollars to 1170 won, which is quite rare."

Huang Haoguo said, do not look at just a few tens of thousands of won changes, for businesses, this is the profit.

South Korea's new international logistics company, Quan Chang Xian, told reporters that winter is actually the peak season for sales in Korea because of the relationship between Christmas holidays and new year's day.

The sudden fall in the exchange rate has also caught them off guard.

"We can only postpone the order and see if the exchange rate will rise after a period of time, otherwise there will be no profit margin."

Quan Chang Xian has some reluctantly said that in Yiwu, South Korean business owners have been watching the exchange rate these days, the Korean won against the US dollar, the lowest point even to 1180 to 1 US dollars.

And he himself has counted, if fell to 1200 won 1 dollars, so their own business in China, basically no profit, so the heart is also very anxious.