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EDMI017.pdf

Article Title : The Impact of Commodity Fluctuations on Medium-sized Companies under the New Crown Epidemic
Author(s) : Lifengxing Lei, Zhouyang Gao
Corresponding Author : Zhouyang Gao
Keywords : New Crown Pneumonia; Small; Medium and Micro Enterprises; Foreign Trade Enterprises.
PDF : http://download.BCPub.org/proceedings/2021/EDMI2021/EDMI017.pdf
Abstract

Since 2021, with the global relief of the new crown pneumonia epidemic, monetary easing, and changes in market supply and demand patterns, global commodity prices have continued to rise, and the prices of commodities represented by energy and mineral products have risen significantly. At the beginning of June, China’s commodity price index hit a 10-year high, among which energy, minerals, non-ferrous metals and steel have increased significantly, which may have an impact on the development of my country’s real economy to a certain extent. This paper analyzes the impact of the epidemic on small and Medium-sized foreign trade export enterprises, and proposes corresponding countermeasures, including reducing costs and obtaining government support, transferring exports to domestic sales, and innovating new trade models, and proposes corresponding safeguard mechanisms.

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