What is driving the rise of electroplating fees in Xiamen jewelry industry

2019 is an unusual year for the Xiamen Jewelry Factory. Environmental protection, the Sino-US trade war, and the continuous rise of precious metals. These series of changes are all affecting the development of the Xiamen jewelry industry. Especially in the past two months, the price of gold and silver has continued to rise, causing the price of precious metal electroplating in Xiamen's jewelry industry to rise by 30%. This year, Xiamen's environmental protection rectification is not only vigorous, but also wide-ranging, and the impact is even more profound. In the past, everyone took a wait-and-see attitude toward the transformation and promotion of environmental protection. This time, they were greatly affected, especially some low-end small factories that did not pay attention to environmental protection. The impact was even more obvious. The impact of environmental protection rectification on electroplating fees is on one hand, and the main one is that the price of precious metals has been rising all the way in recent times, which has further pushed up the electroplating fees of corporate jewelry. Under the pressure of this series, the profits of Xiamen jewelry companies have been further squeezed. The current technology of the Xiamen jewelry industry is quite mature and standardized. I believe that as long as everyone follows the specifications and standards to make high-quality, real-material jewelry, for example, electroplating real gold jewelry, you must put a sufficient amount of gold in it. I believe that as long as our jewelry companies do a good job, consumers and customers can accept the price increase of jewelry companies. Prev How to deal with old silver jewelry in daily life