Used machines are helping plastic and liquid processors serve society during the coronavirus crisis, with demand for used plastic processing machinery doubling in some cases. Used machinery company MachinePoint, based in Valladolid, Spain, noted in a release that “never in our history has the world had to react at the same time against a common threat.”
The used machinery market since February 2020 is experiencing huge demand-and-supply swings that are affecting used machinery prices, said MachinePoint. Demand for blow-molding machinery of all kinds has doubled, resulting in inventory being cut in half. Sellers are holding on to their used machines to meet high demand for hydrogels, hand soaps, alcohol, glycerin, bleach, cleaning products, and beverages. Injection molding machinery for crates also is in high demand as buyers do not empty them as fast as they replenish their inventories.
Wine makers, laboratories, and the clothing industry have had to modify manufacturing to cope with the demands of corporations, families, hospitals, clinics, police, army, and firefighters, said the company. Governments closing borders around the world are blocking needed supplies, which is disrupting global markets. MachinePoint also noted that “illegal” hoarding of PPE, such as masks and other protective equipment, is resulting in price increases, as buyers are forced to transport their purchases by air. Cargo air fare is up 300% since the COVID-19 emergency.
“We are having to accept these prices to ship molds, hot runners, or die heads that are urgently needed in Germany, Italy, Spain, Mexico, or the United States,” said Gema Alvarez, Marketing Director for MachinePoint. “On the other hand, we have many machines waiting to be picked up due to trade barriers at origin, destination, or transit countries. This is an intense moment that is putting the industry under a tremendous strain that, to my understanding, is proving to be working very well despite trade limitations that governments are putting on our business. Unlike SARS or SARS2, COVID-19 will be remembered as the largest test the modern world has registered to date.”
MachinePoint wants to reassure customers that it is 100% operational serving the global industry with the best used machines available in the market and with the best logistics practices.
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