My wife runs a sherwin williams paint store. A customer called 2 weeks ago looking to buy 6000!! N95 masks. She stocks around 200 or ao at a time. She called her 3M rep to see if this was possible and was told that there was no chance they could come close to filling that kind of order. There were none left. Even if she scooped all of the stock from all the other stores in her region she would have only been able to het around a 1000. She realized this guy was trying to make a quick buck and told him that she could only supply what she had in stock. Some people have no shame.
If this virus hits Africa, they are so screwed because all the medical supplies already been dredged clean by "Belts & Roads" Chinese workers there, who sold them back to China for profits.
Keep in mind that Africa only have the cheap-ass disposable paper masks (50-pack normally retailed for $2), and even those aren't spared from the price gouging that ensued after supplies dries up.
Chinese middlemen are stockpiling facemasks from Kenya and Tanzania for export to China
February 20, 2020
In Nairobi’s Kilimani district the upper floor of a typically quiet medical supply shop is hectic with Chinese customers ordering face masks for export. Employees frantically prove the authenticity of facemasks in a three-part “burn, water and layer” test for clients as they film, sending video evidence in WeChat groups for eager buyers back in China.
Containing the spread of the Covid-19 coronavirus has been a difficult task for Chinese authorities. Over the course of three months, the deadly virus has gone from an unconfirmed rumor, to an all out outbreak, infecting around 74,000 people and claiming the
lives of over 2,000 people on mainland China to date.
As the battle against coronavirus rages on, supplies of masks and no-contact thermometer guns have dwindled in China. The Chinese government says the country can only produce
20 million masks a day, half of what is needed in the current crisis. So, in an effort to meet ramped up demand, enterprising middlemen are now turning to African nations where a relatively limited supply of masks are made.
In Kenya, the price of a 50-pack box of masks has skyrocketed from around $2 before the outbreak, to nearly $10 at the end of last week, some have orders have since topped $15.
The local Nairobi business
Quartz Africa visited this week has received an influx of orders is struggling to meet demand. On Friday, shop manager promised five days to fill an order promising that its factory had increased factory hours from 24 hour-day, five-day week, to to six days a week. By Saturday, the factory had run out of the cotton needed to produce the masks, but promised they were in the process of flying additional cotton supplies from Turkey. Merchants eager to get masks to China have also started to look to Tanzania meet their demand. Last week, the country had not yet been hit with as many masks demands and was able to sell masks at a fraction of what was being offered in Kenya. One Kenyan trader said the masks from Tanzania have been delivered via informal border backroads in order to avoid tariffs.
Kenya’s no-contact thermometer guns have also been met with increased demand. According to an exporter, though some of the guns are made in Kenya, a good number were imported from China only to be exported back again. The average price of a thermometer gun has jumped by 40% to as high as $35 from around $25 before the outbreak.
Demand for facemasks and other vital medical supplies have risen their price on the market globally.
“Demand is up to 100 times higher than normal and prices are up to 20 times higher,” said WHO director-general Tedros Adhanom Ghebreyesus
at a news conference in Geneva this week. He has urged against hoarding medical resources during the crisis. “This situation has been exacerbated by widespread and inappropriate use of [personal protective equipment] outside patient care. As a result, there are now depleted stockpiles and backlogs of four to six months. Global stocks of masks and respirators are now insufficient to meet the needs of WHO and our partners.”
The price of facemasks has
increased tenfold in Indonesia. Last week, the
Commerce Ministry of Laos set a ceiling for the price of face masks. In China a box of 50 facemasks (imported from the Netherlands) are reportedly being sold for as much
as $71.27.
At the Nairobi supplier where thermometer guns are being prepared for export back to China one worker notes: “What will happen if corona comes to Kenya? There’s nothing left for us…”
https://qz.com/africa/1805769/coronavirus-chinese-middlemen-deplete-africa-facemasks-supply/amp/