Problems in the development of raw materials in China

1. Affected by the financial crisis, international buyers are short of funds, and their purchasing power is reduced or the purchase cycle is extended, which not only affects the sales volume of Chinese APIs, but also increases the operating risks of export companies.
2. The sharp rise and fall of prices aggravated the worry and wait-and-see of international buyers, which affected the stable development of the API market.
3. The price of some raw materials has increased significantly, which has caused the impulse of enterprises to expand production capacity and aggravated the contradiction of oversupply in the market.
4. The currency depreciation of major export destination countries and competitor countries has reduced the price competitiveness of Chinese raw materials and increased the difficulty of export.
5. The financial crisis has intensified international trade protectionism and further deteriorated the environment of some Chinese export markets.