1: The local currency Naira continues to depreciate against the US dollar!
2: RMB continues to appreciate against the US dollar
3: Each company hit a big price war, and the wig price did not rise and fell.
4: Domestic artificial raw material prices continue to rise! Cost pressures have increased dramatically!
5: All kinds of companies have been doing their own business in the past two years, and they are mixed! More than 20 companies are out of more than a year, and fakes are flying all over the sky.
Therefore, many companies are not good in Nigeria! In the face of such overseas market conditions, China's wig companies must reach a consensus, unite, break the channel and cover the sky, and reverse the situation of the manufacturers!