RMB Appreciation Will Accelerate &Nbsp, And Export Textile Enterprises Will Inevitably Suffer Pains.

"US dollar to Renminbi in August 1st." exchange rate The median price is 6.4399, and in September 1st it will be 6.3782, the same is 100 thousand dollars, and it will shrink 6170 yuan in one month. Looking at the latest RMB exchange rate online, it has become the essential daily homework of Tong Haijun, a textile manufacturer in China.

　 　 profit Order double shrink

In the 23 trading days of August, the central parity of RMB against the US dollar rose 14 times, and the 11 exchange rate changed record. Cumulative rise 0.83%, far ahead of 0.23% and 0.42% respectively.

"The appreciation of the renminbi means that foreign customers can only buy less goods with the same money, which will affect the order of enterprises, and this year we export orders to the United States. Amount of money Reduced by around 10%, the company's profits are also shrinking. Tong Haijun told reporters reluctantly.

It is understood that every order of a foreign trade enterprise has to go through several processes: first, negotiate with foreign customers, confirm the conditions of price and delivery, and then make the order to the factory for production, and finally deliver the product to receive the money. Generally, a cycle will take at least 2 months. If the exchange rate changes, the loss will be serious.

Tong Haijun said, with an order of 1 million dollars, for example, if the contract is signed, the exchange rate of US dollar to RMB is 1: 6.5. After 2 months, the exchange rate is 1: 6.3, and the exchange rate of 1 US dollars is RMB to 0.2 yuan after 2 months. The profit of this order will be reduced by less than 200 thousand yuan.

In this regard, the Chinese Textile City textile supplier Han Ye Feng has the same feeling. He told reporters: "when we sign a contract with customers, we expect that we still have 5% profits, pay interest, and then calculate the losses caused by the price of raw materials and RMB appreciation, and finally become zero profit."

Labor pains in export enterprises will be hard to avoid.

"Recently, I was having lunch with some friends. Many people said they could not do it, and they were considering the main attack on domestic sales." Tong Haijun told reporters that the most important thing now is that there is a single dare not answer. "It is undoubtedly one of the most direct ways to raise prices," he said. And this needs to be achieved through deep processing, brand marketing and research and development of new products. Tong Haijun said that although the order is decreasing, the added value of the company's new products is also improving.

Shaoxing County Commerce Bureau official said that the renminbi entered the era of active appreciation, for some export enterprises in Shaoxing, labor pains or will be inevitable. However, faced with the same problem, different enterprises have different attitudes: some enterprises take active measures to offset the negative effects of exchange rate changes by locking the exchange rate and improving the technological content of products. Others will only complain passively or rely on export tax rebates. This will result in two totally different results. With the acceleration of the adjustment of the state industrial structure and the appreciation of RMB to a certain extent, some enterprises have no profit margin and can only choose to withdraw from the export market.