Market for Chinese-made masks is a madhouse, says broker

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Manufacturers making huge profits supplying to whoever can pay the most and pay fastest

The scramble for face masks has created a “madhouse” atmosphere among Chinese manufacturers, who are making huge profits as customers around the world fight to be the first in line.

Producers of masks and respirators are demanding to be paid in full before the products leave their factories and are supplying whoever can pay the most and pay fastest, according to Michael Crotty, a textile broker based in Shanghai.

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Source: china
Link : Market for Chinese-made masks is a madhouse, says broker

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