The First Phase Of The 109Th Canton Fair Ended At &Nbsp, And Export Prices Rose.
The 109th session Canton Fair The first issue came to a close yesterday. Reporters at random visited many home appliances, hardware, building materials and other enterprises at the Canton Fair, and found that a series of costs such as raw material prices, labor wages, financing expenses and exchange risk control continued to rise. Exit The situation is still optimistic.
The price inflation of export products is the most obvious impression to purchasers at this Canton Fair. Reporters found that most of the export prices increased by around 5%, and some even increased nearly 50%. Especially by fuel, metal and other upstream raw materials prices, automobile and motorcycle accessories, hardware, electronic and electrical products rose more obvious.
You Guisen, general manager of multi-channel tire tyres, told reporters that "because of the raw materials, energy, labor costs and so on. Rise For example, the purchase cost of rubber has increased by nearly 1 times. In desperation, enterprises can only raise prices for 40%-50% of all kinds of products.
Some overseas buyers also expressed their understanding of the general rise in the prices of Chinese exports. Some buyers said that supermarkets in Europe and the United States needed a lot of cheap products from China. Although the prices of Chinese products rose, the prices of other countries' products were also rising in the case of global inflation, so they would not affect their purchases.
According to the transaction data released by the Canton Fair, as of April 18th, the cumulative turnover of mechanical and electrical products reached 16 billion 210 million US dollars, an increase of 10.9% over the same period last year, an increase of 25.2% over the same period last spring, while the total commitment amount of Minmetals chemical products as of April 17th reached 2 billion 80 million US dollars, an increase of 6.54% over the same period last year. As the weathervane of China's foreign trade exports, orders on the Guangzhou Trade Fair continue to make a strong heart for exports this year.
Liu Jingsong, deputy director of the Finance Department of the Ministry of Commerce, said at the Canton Fair in April 18th that according to the deployment of the State Council, the focus of this year's foreign trade policy is to stabilize and enhance the share of Chinese products in the international market. At the same time, efforts should be made to increase imports and promote balanced development of imports and exports. On the trend, he said, China's low cost traditional advantages have weakened and the share of export protection has been under great pressure.
However, although the export situation is still improving this year, the profit margins of export enterprises are constantly being compressed due to various factors, such as rising raw material prices, rising labor costs and RMB appreciation.
According to media reports, according to the recent survey in Guangdong Province, with the substantial increase in the cost of resources, energy, raw materials and labor, 95% of enterprises in Guangdong indicated that the cost of export increased, while the cost of the remaining 5% was basically flat. At the same time, about 45% of the company's profits declined, the proportion increased by 8.3 percentage points over the same period last year.
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