• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    New Exchange Rate Of RMB And Textile And Garment Exports

    2013/5/24 19:59:00 39

    RMB Exchange RateRMBExchange Rate

    < p > May 22nd, data from the China foreign exchange trading center showed that the central parity of the RMB exchange rate was 1 yuan against the RMB 6.1904 yuan, up 7 basis points from the previous trading day, and two consecutive days since the new exchange rate was changed.

    Many experts and scholars pointed out that the appreciation of RMB is a threat to China's export trade.

    < /p >


    < p > since the reform in 2005, < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "target=" > clothing industry has been facing the impact of RMB appreciation on its performance.

    Time flies, and time flies. Can the industry companies resist the risk of exchange rate changes? < /p >


    < p > < strong > foreign trade enterprises generally bear pressure < /strong > < /p >.


    < p > because the export dependence is large and the average profit margin is low, the negative impact of RMB appreciation on the textile and garment industry can not be ignored.

    On the one hand, the textile enterprises need to consider whether the decrease of procurement cost is enough to compensate for the loss caused by the selling price of products. On the other hand, even if the decrease of the two products is similar, the appreciation of the renminbi will lead to a decline in the profit of Renminbi denominated by domestic enterprises.

    < /p >


    < p > according to the estimation of the relevant institutions, the value of the cotton textile industry will drop by about 12%, and the wool textile industry will drop by about 8%, and the garment industry will drop by about 13%, with an appreciation of 1%.

    < /p >


    < p > May 21st, Tan Yaling, Dean of China Foreign Exchange Investment Research Institute, wrote on his Sina blog that China's trade situation is relatively better at the time of the downturn, but it is not good or even worse than the stable period and the upward period.

    This has great relationship with exchange rate, and the appreciation of RMB has really affected export trade.

    More importantly, China's trade is mainly raw materials processing and processing. After the appreciation of the renminbi increases, the international market can not choose our products.

    In addition, many foreign trade enterprises make use of short-term factors such as RMB settlement instruments and market interest margin to make use of regional and regional differences to make short-term profits, without taking into consideration the real needs of the real economy.

    < /p >


    < p > < strong > A leading stock "turn around" to avoid danger < /strong > /p >


    < p > facing the risk brought by RMB appreciation to export business, the leading companies of A apparel industry have been gradually pforming for many years, with less negative impact.

    < /p >


    < p > YOUNGOR (600177.SH) said in its 2012 annual report that the company divested part of its small profit export business and reduced its textile processing business, and achieved remarkable results in restructuring and upgrading its garment business.

    According to the results, the proportion of clothing business accounted for 46% of the main business income, real estate development accounted for 54%.

    Shanshan Group (600884.SH) also incorporated lithium battery materials and investment into the three main businesses in parallel with clothing. In 2012, the company accounted for 44.69% of the lithium battery materials revenue.

    < /p >


    < p > some of the listed companies in the textile industry are facing a more severe situation.

    As an export textile enterprise, the operation performance of Rutai A (000726.SZ) in 2012 has dropped for the first time since its listing. In the annual report, the company pointed out that the company's export revenue accounted for more than 70% of the company's total revenue, and its products were mainly sold to the international market. The sales income was dominated by US dollar settlement, and most of the main machinery and equipment used by the company were obtained through import. When the exchange rate fluctuated a great deal, it had a certain negative impact on the export earnings of the company converted to RMB measurement.

    < /p >


    < p > < strong > small and medium-sized enterprises are in distress. < /strong > < /p >


    < p > according to media reports, with the continuous appreciation of RMB, the trend of textile and garment production orders to large enterprises is obvious. The pressure on SMEs is increasing. The appreciation of RMB has little effect on small orders with short production cycle, but it has a significant impact on orders with a long production cycle and large orders.

    < /p >


    < p > Tang Shuangshuang, an analyst of textile and garment industry of Huachang securities, told reporters that in the face of exchange rate risk brought by RMB appreciation, the pressure of textile and garment enterprises is still relatively large.

    In view of the appreciation of RMB, the main purpose of the company is to hedge foreign exchange. Although it has evaded certain risks, it has also suffered losses.

    "Generally speaking, the appreciation of RMB is a problem, but it is not the biggest problem. The biggest problem is the rise in labor costs and the downturn in the overseas economy, mainly because of the demand."

    Tang Shuangshuang said.

    < /p >


    < p > A shares listed companies as the industry leader, better than small and medium-sized enterprises, because the order price can be locked ahead of time, will generally take account of exchange rate fluctuations.

    In the face of the rise in labor costs, the boss company takes measures such as setting up factories overseas to save costs. For example, Tang Shuang Shuang, "for example, to Southeast Asian countries such as Kampuchea and Vietnam, where labor costs are low, and because of domestic import cotton quotas, and importing cotton from there, raw materials and labor are all there, the cost will save a lot."

    < /p >


    < p > the pressure of small and medium-sized enterprises is relatively large. Tang Shuangshuang told reporters that "some enterprises have lost money but are still alive, basically relying on some export tax rebates to support them".

    < /p >

    • Related reading

    Textile And Garment Exports Are Now Differentiated Due To Rising Exchange Rates.

    financial news
    |
    2013/5/24 19:08:00
    17

    Famous Brand Quality Inspection Unqualified Clothing Next Frame

    financial news
    |
    2013/5/23 11:46:00
    32

    南昌大媽不受市場影響 買金從未停手

    financial news
    |
    2013/5/22 9:24:00
    26

    國際黃金大幅波動 中國應利用暴跌行情大幅增持

    financial news
    |
    2013/5/22 8:55:00
    24

    The Invisible Cost Of Enterprises Is The Main Culprit Threatening China'S Economy.

    financial news
    |
    2013/5/22 8:51:00
    29
    Read the next article

    Fresh And Cool Smoked Nair Summer

    Nair's 2013 summer new product, which is refreshing and cool, looks like a holiday in a pale blue background. The White Chiffon, the gradual blue of the lake, and the active orange and the steady blue of the blue do not seem to have a cool feeling. Heart is not as good as action. Let's try it quickly.

    主站蜘蛛池模板: 成人网视频免费播放| 老司机在线免费视频| 欧美丰满大乳大屁股流白浆| 国产网站免费看| 亚洲欧美一区二区三区九九九| 99国产精品永久免费视频| 91蜜桃在线观看| 欧美色图亚洲图片| 国产精品爽黄69天堂a| 亚洲国产综合在线| z0z0z0另类极品| 最近中文字幕mv免费视频| 国产欧美在线一区二区三区| 亚洲av丰满熟妇在线播放| 91麻豆最新在线人成免费观看| 日韩爽爽视频爽爽| 国产亚洲色婷婷久久99精品| 久久久久久久久久久久久久久 | 久久av无码精品人妻糸列| 色狠台湾色综合网站| 成年人黄色毛片| 免费大片黄在线观看| 99久久精品免费看国产一区二区三区 | 两个人一起差差差30分| 精品久久久久久亚洲| 天堂а√在线最新版在线8| 亚洲第九十九页| 青青操在线免费观看| 日韩a视频在线观看| 国产91精品一区二区| www.天天干| 欧美日本免费一区二区三区| 国产欧美日本亚洲精品一4区| 久久只有这才是精品99| 美女女女女女女bbbbbb毛片| 太深了灬舒服灬太爽了| 亚洲欧美日韩综合网导航| 午夜小视频在线| 无遮挡无删动漫肉在线观看| 动漫人物一起差差差漫画免费漫画| 99爱免费观看视频在线|