CHINA NORI 2020 AMID COVID-19

Update: 01/04/2020     Editor: TAKOSA FOOD

With the help of Online Bidding, China Nori Fair 2020 reopened two weeks ago. Till 31/03/2020, the trade fair of season new has finished a half of entire stage (phase 1-3). Our analysis result shows that 2020/2019 has a CUT of 11.64% at the average dealed price. More useful comparation is the top 3 purchasing price DROPS 18.60%/16.59%/16.01%. That means, the nori manufacturers would save 12%-16% on the cost of grade A. Accordingly, the similar discounts would happen to grade B/C/D. See below.

Still waiting more trade data to update the price guide in following weeks. Anyway it's the time to negotiate a new price with your suppliers.