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As the saying goes, when you are surrounded by mountains and rivers and think there is no way out, you will find another village when you look up. After experiencing many days of declining order volume, and even experiencing zero orders every day, the cross-border sellers’ long-awaited US money distribution plan has finally started to arrive in their accounts!
1.9 trillion US dollars began to arrive, and the seller's order volume increased
On March 11, the $1.9 trillion COVID-19 relief bill officially came into effect , and Biden said he would distribute $1,400 checks to eligible Americans. Cross-border sellers are very excited about this, and are eagerly waiting for the $1.9 trillion to be truly implemented in the accounts of the American people, in order to save the sales that have been very bleak for so many days. And just in these two days, many sellers in the seller communication group reported that some people have received the money from the US payment plan !
▲ The picture comes from the seller communication group A seller also responded that the United States should have distributed money today and the number of orders has increased.
▲ The picture comes from the seller communication group Some sellers even said that sales have been growing abnormally in the past few days.
▲ The picture comes from the seller communication group The $1.9 trillion from the U.S. money distribution plan has begun to arrive, which is indeed good news for sellers. Many sellers can take this opportunity to save their recent sales slump and even achieve "explosive sales." However, as the saying goes, "Misfortunes often lie behind good fortunes, and good fortunes often lie behind misfortunes." In the seller communication group, some sellers mentioned when discussing the US money distribution plan that they don’t know whether other things have increased in price, but the exchange rate has fallen again .
▲ The picture comes from the seller communication group
The US exchange rate is low and raw material prices are risingAffected by the epidemic, the US dollar index has been falling since June 2020, and the decline has exceeded 10% so far. Although the US dollar index has rebounded since 2021, the rebound is not large, and the US dollar index has remained at a low level so far. It is understood that today's exchange rate of the US dollar against the RMB is 6.5029 . Although it has increased slightly compared to yesterday, it has only increased by 19 points.
Some sellers predict that the US dollar exchange rate will continue to be low in the future, and may even fall . The low US dollar exchange rate is definitely not a good thing for cross-border sellers. The lower the exchange rate, the less US dollars can be exchanged and the lower the profit. In addition, rising raw material prices are also a problem that some sellers are worried about. Since the Chinese New Year in 2021, many chemical raw materials have entered a "soaring" mode , and some raw materials have even increased by more than 200% compared to the beginning of 2020. A seller mentioned that so many US dollars were printed last year, and this year they started buying up the world like crazy. The money printed cannot disappear. Americans spend the dollars to exchange for goods in countries around the world. Exporters like China are left with a large amount of dollars, which is bound to cause excess liquidity in the country and drive up raw material prices .
▲ The picture comes from Weibo Therefore, the seller also said that the market for resource-based products is far from over, and core raw materials made in China, such as coal, chemicals, and cement, are likely to face price increases . The low US dollar exchange rate and the continued rise in raw material prices mean that the costs of cross-border sellers will increase further, which is undoubtedly bad news for sellers. To make matters worse, the aftermath of the snowstorm that had been affecting logistics in the United States has not yet subsided, and a few days ago, a winter storm once again hit large tracts of land in the Rocky Mountains and western plains of the United States . Another severe snowstorm hits the US, exacerbating logistics difficultiesIn February of this year, the United States was hit by a severe snowstorm, which caused the collapse of a large area of the U.S. logistics and transportation network. Amazon was also forced to temporarily close some facilities in eight states including Texas due to the bad weather. As of now, the impact of this snowstorm has not subsided. In recent days, we learned that a dangerous snowstorm once again hit the Rocky Mountains and parts of the western plains of the United States . Denver International Airport was closed due to heavy snow, more than 800 flights were canceled, and many major highways were forced to close .
It was also learned that a large-scale storm is approaching parts of the Rocky Mountains and Plateaus in the United States in recent days, and more than 7 million people have received extreme weather alerts. It is not difficult to predict that in the face of such bad weather, the logistics in the United States is likely to fall into a bottomless swamp again . Sellers must be mentally prepared for this and keep in touch with freight forwarders and buyers at all times . The $1.9 trillion US money distribution plan has finally arrived. Everyone thought that the road ahead would be smooth, but unexpectedly they encountered obstacles, more than one . This is probably the voice of many cross-border sellers recently. I wonder if the sellers’ orders have increased recently because of the US money distribution plan? Or are they still not optimistic due to obstacles? Welcome to communicate in the comment area~ Statement: This article is copyrighted and may not be reproduced without permission. | 
