QUOTE(mois @ Sep 5 2011, 09:09 AM)
One buyers mentioned Rm3700 for 1/2 cups but actually, there is no quote at the moment on EBN for Indo as the authorities in China is now taking action against illegal EBN and I presume over 90% of nests in China are illigally exported from Indo into China thru HK and that's the reason that cause the so called Crisis of SN in the nests supposely from Malaysia but actually from Indonesia under water thru HK. Documents of trade like import invoice maybe fraud easilyTherefore, all retail outlets and importers are stop buying and infact trying hard to hide nests not imported legally and therefore, here we experience a time where there is no quotation for EBN and what price quoted are from local middlemen trying to speculate and even buyers for Vietnam which is buying our corner nests are lowering the price of these nests since they are offering Rm3700 for half cup and what about 1/4 cup nests which should fetch lower than the 1/2 cup ones.
The right price for 1/4 nests should be the same @ Rm3500 as the manufacturers @ Vietnam aren't affected by the crisis in China. One buyer in Malaysia even quoted everything, 1/2 or 1/4 cup and even broken ones @ Rm3100...
So, my advice is to hold back and not to sell as by selling will only cause the price to drip further downward.
This post has been edited by West Wing: Sep 5 2011, 10:40 AM
Sep 5 2011, 10:36 AM

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