The following is meant to be a joke, but it gives a glimpse of the medical supply market chaos in China since the Wuhan lockdown. Be careful of scam if you are sourcing:

From 23 Jan to 17 April, I have been in discussions of a few major deals:

Disposable masks – 100 million pieces, KN95 masks – 200 million pieces, N95 masks – 100 million pieces, kids masks – 30 million pieces, gloves – 30 million pieces, infrared thermometers – 100 million units, meltblown fabric – 10 thousand metric tonnes, ventilators – 10 thousand units, and PP – 20 thousand metric tonnes!

I have been in contact with 98 listed companies in China and abroad. I have made contact with three SOE heads, and a number of ambassadors!

I have added 500+ wechat friends, and spoken with hundreds of suppliers! Aside from thousands of small orders I have worked on, the list above has a value to about US$50 billion. 

Actual transactions completed: 

Masks: 5000 pieces

Gloves: 0 

Meltblown fabric: 0 tonnes

Ventilator: 1 unit

Testing kits: 500 

Infrared thermometer: 1000 units. 

I have not been properly sleeping for two months, charged my phone multiple times everyday, replaced my battery twice, missed 1000+ calls, and hundreds of thousands of WeChat messages, and spent CNY 800 on my mobile bill.

Thanks for reading The Low Down (TLD), the blog by the team at Momentum Works. Got a different perspective or have a burning opinion to share? Let us know at [email protected].