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Foreign Trade Order Shifting Is Testing Footwear Export Enterprises.

2014/4/5 15:57:00 64

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2013 < a href= "http://www.91se91.com/news/index_c.asp" > RMB > /a > the 41 time.

But since the beginning of this year, the direction of the wind has changed abrupt, and the spot exchange rate of RMB against the US dollar has been falling all the way. Since the expansion of the RMB against the US dollar in March 17, 2014, the spot exchange rate of RMB has been falling below 6.2, 6.22, 6.23 and other important juncture.

From the beginning of the year, the RMB exchange rate has fallen by more than 3%.

The devaluation of the RMB P has given the exporters a long time to bear the pressure of cost.

export profit has increased, /p >

"finally, you can catch a breath!" Mr. Guo, director of Jinjiang's < a target= "_blank" href= "http://www.91se91.com/" > shoes < /a >, told that in the past two years, the a target= "_blank" href= "_blank" > textile > shoes and clothing export enterprises basically maintained a slight profit of about 3%. Last year, the RMB continued to appreciate, and every time when quoted with customers, they had to weigh again and again. They were worried about the order running, and also worried about the fluctuation of exchange rate, and the profits were gone.

"Since the beginning of this year, the RMB has fallen by more than 3% against the US dollar, which means that if the bill is settled in dollars, the company will be able to make profits if the exchange is settled now."

it is understood that the RMB depreciated by 1 points and exported 1 million US dollars to earn 10 thousand yuan in the settlement of foreign exchange.

Mr. Guo told himself that he was stepping up the repayment and settlement of the two days.

"We have just concluded a sum of US $200 thousand, which was priced at 6.08 in November last year according to the US dollar exchange rate. When it was settled, it was converted into RMB at 6.18 of the exchange rate, which directly increased the profit of 20 thousand yuan."

"our customers are mainly in Europe and the United States, most of which are settled in US dollars. As foreign customers place orders, they usually pay part of their loans in advance, and on the books, the expected profits have improved."

Qiu Qingyun, general manager of Quanzhou Lerong bag Co., Ltd., said that the depreciation of the renminbi has relatively reduced the cost pressure of the export enterprises, to a certain extent, buffering the business pressure brought by the rising cost of labor and other costs.

exchange rate risk should not be underestimated .

although export enterprises generally believe that the depreciation of RMB has increased profits of enterprises for a short time, the pressure of export cost has been reduced to some extent. However, some enterprises are more worried about the risk brought by the fluctuation of exchange rate.

"P >" is also a worry about the risk of two-way fluctuation of RMB exchange rate.

Mr. Guo told us that the Yuan's farewell to the unilateral appreciation which lasted for many years has also increased the difficulty of business judgment. Many of the lists were taken last year, and prices were priced at the prevailing exchange rate. If the RMB continues to depreciate, it will benefit from the settlement of foreign exchange.

However, there is great uncertainty in the future direction of the RMB, which in fact increases the difficulty of quotation.

Fujian textile < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > export base commerce secretary Chen Cangsong said that for enterprises, it has become accustomed to the simple way of doing more Renminbi and shorting the US dollar in the past.

When the fluctuation rate is further expanded, it is necessary to reconsider when to settle foreign exchange and hedge.

Qiu Qingyun also worries about the risk brought about by the fluctuation of RMB exchange rate (P).

He said that when the renminbi appreciated unilaterally, the export enterprises would fully take into account the factors of RMB appreciation and price control when they quoted and signed contracts to foreign investors.

But now that the RMB exchange rate has suddenly changed dramatically, foreign investors may ask for a new offer or take a wait-and-see view.

order pfer is the biggest test .

RMB appreciation has been considered as one of the factors that affect the survival of foreign trade enterprises, because under the pressure of RMB appreciation, the cost advantage of Chinese export enterprises is further lost, and the instability of buyers is increasing.

Can the depreciation of RMB bring benefits to the export enterprises?

Chen Cangsong is more worried about the negative impact of the pfer of international orders to export enterprises than the short-term benefits brought about by the depreciation of RMB P.

"Over the past three years, 10% to 15% of orders for textile and clothing products have been lost to Southeast Asian and South Asian countries such as Vietnam, Kampuchea and Bangladesh every year."

besides, the United States and the European Union have adopted a number of trade protection measures to increase the international trade frictions, increase export barriers and increase export costs.

"For example, Vietnam, Kampuchea, Thailand, Indonesia and other Southeast Asian countries export only 2% to 3% of the import tariffs on textiles, while China's textiles < a href=" http://www.91se91.com/news/index_s.asp "> exports < /a > the EU needs to levy 12% left and right tariffs.

Chen Cangsong said that export enterprises should not rely on the depreciation of the renminbi to enhance their competitiveness, but start from the promotion of products and produce products with high added value. On the other hand, they can consider "going out" and setting up factories in countries and regions where labor costs and tariff costs are relatively low.