Re-dispersible emulsion powder exporting to India
We heard the news from the TV set that the India Minister Modi’s move to scrap Rs 500 and Rs 1000 notes to counter black money, counterfeiting and corruption, bank chiefs said the situation was easing although their optimism seemed to be belied by reports from around the country about long queues, shortages of Rs 100 notes and cash dispensers that worked sporadically, if at all.
Sinokem India customer feedback that the business is all time low, and it seems everything is stopped, because the government have demonetized the 500 and 1000 currency, that makes 86% of total currency, so everything is disturbed. They told us no business in market as there is no money in India market.
We are so sorry to hear that news, hope the business turns better in the near future, because it impact both business. Nowadays the India customer decrease the purchasing order for Re-dispersible emulsion powder as lack of money. 🙁
Below are the photos which we exported to India last month without pallets. They mainly bought type 613 from us, which is for wall putty, skim coat and plaster. If you are interested in, please feel free to ask me, we are glad to quote the price to you, our email box is sales@sinokem.com.