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You are here : Stone Home > Info Center > Industry news > The Influence of RMB Appreciation for Stone Trade Part2

The Influence of RMB Appreciation for Stone Trade Part2

Updated:2013-04-09 11:23:55
Apart from the first part that we mentioned above, here we will continue to introduce some more information of the influence of RMB appreciation with you as follow.

In recent years, some companies will be high-grade imported equipment ownership to be above 80%, which has reached the world advanced level. From the existing shek wu port will be 41 tons of gantry crane introduced plans to rise as 9 units. Stone block from the existing shek wu Hong Kong imports from a single black sands to India red, Tan Brown, India green, India black. Between these two years, which rise for three or four times.

The personage inside course of study analysis, the appreciation of the RMB is very beneficial to the increase imports of high-grade equipment for the enterprise in our country, especially for many companies which require high capacity expansion in Quanzhou, the high-grade equipment will give more competitive for the product. And some employers use the appreciation of the RMB for using the dollar to loan, which is quite clever. The loan interest rate of Dollar is lower than RMB, while the appreciation of the RMB makes the user of dollar loans enterprises directly benefit from it.  

In addition, according to the volatility of the home and abroad market, import a lot of foreign raw materials when the prices are low, then export when the prices of finished goods are in high abroad again, promote the export by import, which is the effective measure to avoid risk and get rid of the dilemma for the enterprise.

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