Consumption has been hit as the COVID-19 virus curbs demand.
However, we remain positively confident about the Outlook for a sharp recovery in demand.
People are staying at home reluctantly and will suppress their consumer demand in the coming months.
But once the Covid-19 is under control, what will happen?
How will people satisfy their consumer demand which has been suppressed in months?
Will it be a good chance to occupy more market share?Are we ready for that?
When should we start to prepare?
The data support of estimated recovering period of consumer demand after SARS. This chart is from the article:
“Ray Dalio Commentary: Our Early Thinking on the Coronavirus and Pandemics”
https://finance.yahoo.com/news/ray-dalio-commentary-early-thinking-174621012.html
The Market could rebound sharply in the next two quarters as delayed consumption and government stimulus flow through to the economy.
From the above charts, we can see that placing orders at the end of March will be a suitable time to catch an uncommon chance.
DAVO team is ready to support you by:
1. Keeping prices stable though the material cost is increasing.
2. Offering flexible shipment time should Covid-19 lasting period is longer than estimated.
Pls share with us your opinions.
E-mail/Skype: kevin.deng@sz-davo.com
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