Wicke Basket Industry 2011 Preview

Most of my friends will be attending the New Year Countdown tonight. It is a new begging for people while it is also a new start for wicker baskets business.

During the past year, wicker basket industry is very unstable. Wicker raw materials price is floating all the time. Labor costs is growing accordingly. What is more, RMB exchange rate has been raising through the whole year. Even 1 dollar equals to 6.672 RMB yesterday, the top new level among the recent 5 years.

As a result, all kinds of wicker baskets companies, they gain big development in the second year mostly.