Rapid screening reagents on a roller coaster

The company that my husband works for has rapid screening reagents, so he has been paying attention to the sales prices of various brands in the local market. He can be said to have witnessed how these reagents took a roller coaster ride.

He said that the price of these reagents has tried to swoosh down from a high level within one to two weeks. The initial price once exceeded 100 (HKD), and then it fell to 70-80 HKD, then more than 60 HKD, and then the price was greatly reduced to 30 HKD. —40 HKD, then swooped down to around 10 HKD. It sounds like the stock market is in a bear market, and it's going down in rapid succession, triggering a heart attack.

My husband also said that the price of the reagents has dropped below the cost price, which amazes me! Well, those businesses are making too much money, and their conscience found out that they should do good deeds to give back to the local citizens? Oh, or are those fakes? If it is fake, it will be harmful to society! Just imagine, if that person is an asymptomatic infected person, but a fake reagent is used, the test result is negative, and then he goes out to participate in activities, that is an active infected person, spreading the virus in the community.

Whether those ultra-cheap quick-screening reagents are fake, my husband said he didn't know because he didn't test it. However, he said that the price of the reagents was sold at a lower price than the cost, and a big reason was the price psychological war. Because many local people purchased reagents of different brands through various channels, the market supply was increasing day by day, and the price was gradually decreasing.

However, later, there were some merchants who had purchased the reagents in super-large quantities, and their goods were shipped to Hong Kong. It is possible that they lowered the selling price below the cost price, on the one hand, to increase sales quickly, on the other hand, to speed up the cash flow and avoid the backlog of cash on the goods. Moreover, they import reagents in super large quantities, and the cost price may be lower, so they will not lose too much, and even have the opportunity to squeeze other small businesses out of the market. Am I taking a business class? The strategy in the market is really profound.

However, the fall in the price of rapid screening reagents is a good thing for citizens and the whole people to fight the epidemic. The price is cheap, so that more people can buy it with the money they can afford, do self-testing, and then take corresponding measures, which can greatly help fight the epidemic, patch up loopholes or deficiencies in the government, and practice the national anti-epidemic.

At present, the price of rapid screening reagents is generally lower than HK$10. However, some brands have higher cost prices, so the price will be higher than HK$10, such as Abbott (Abbott) Panbio.

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