From February 17 to March 3, the Chinese will mark the most significant celebration in their culture, the Chinese New Year. During this time, manufacturers will shut down operations, affecting the supply of commonly sourced goods from the market. The production slowdown is expected to persist for up to a month after the holidays.
Factories, avoiding inefficient low-capacity operations, typically resume full production only once bulk orders arrive. The slow return of workers, many of whom travel to their villages, causes additional delays.
