The Price Increase Is &Nbsp; Guangdong's Small And Medium Enterprises Are Under Pressure.
RMB exchange rate The pace of appreciation accelerated, and the central parity of the RMB against the US dollar broke through the 6.54 pass last Wednesday, after a total of three. transaction The day rose 139 basis points, from last Friday to 6.5301, and then made a new high since the exchange rate reform. In Renminbi appreciation In the context of the 109th Canton Fair, the exhibitors were informed that many exhibitors said that raw material Rising prices, rising financing costs and rising exchange risks and rising costs have put pressure on them, a small hardware product. Manufacturer More frankly, "the pressure of cost is too big to bear".
Accelerated pace of RMB appreciation
Zhao Yufang, vice governor of Guangdong Province, said that it was estimated that the RMB exchange rate rose to 1 percentage points last year, and that the export enterprises in Guangdong increased the cost by about 8 billion yuan. Under the influence of multiple factors, the affordability of foreign trade enterprises, especially traditional labor intensive export enterprises and small and medium-sized export enterprises, is limited.
At the Canton Fair, we saw a lot of signs on the booth showing the RMB exchange rate marked on the day. The exhibitors said that this is for the convenience of negotiation with overseas buyers. People in the market department of an electrical appliance company in Foshan say that the RMB exchange rate will be reduced by 1% or 16 thousand yuan, or about one hundred thousand yuan, and the profits will be reduced by about 5%.
Price rises are not as high as raw materials.
Wang boss, a garment export enterprise in Humen, said that exporters are most afraid of exchange rate changes, especially the exchange rate of RMB against the US dollar. The higher the appreciation of RMB, the greater the loss of profits. According to him, "the more you do regularly, the more you will lose, and you will not dare to pick up orders."
At the Canton Fair, most exhibitors said that although export prices were raised by 15%~20% this year, they were still far below the nearly 20%~50% increase of raw materials. The sales manager of a sanitary ware company said that the cost has increased by 15%~20%, but the quoted price has increased by only 8%~10%. In the face of the increase in prices of Chinese export enterprises, some European and American customers have begun to reduce the volume of purchases in China, and some low-end goods will be purchased more from Southeast Asia.
Exhibitors expressed their hope that the state could maintain the basic stability of the foreign trade policy, especially suggested that the floating range of the RMB exchange rate should not be too large, so that the exporters could have time to absorb the impact of the exchange rate.
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