RMB appreciation, export profits fell due to the flooring market RMB appreciation , export enterprises in overseas markets further compression, flooring companies in the country had to find new sales channels. Jilin Province, a major wood flooring products to export as the main business , in the past ten years time has been engaged in overseas sales.
But into this year, the RMB against the U.S. dollar continued to rise, if the floor is in accordance with the original export sales, corporate profits will be continuously compressed , and now has come to the edge of the cost of sales . "Doing export business is the fear of changes in exchange rates , particularly the renminbi against the U.S. dollar , as long as the RMB appreciation, export will be affected, the higher the appreciation , the greater the loss of profits . 's Major customers include some of the European countries , the United States customers in Asia are South Korea, Japan, and the closing of these countries through U.S. dollars, while the company through the purchase of timber and other raw materials are in RMB , that is, the appreciation of the RMB equivalent products disguise the price.
It is in this situation, many companies began to adjust market strategies to reduce the share of overseas sales , while domestic market to launch products. In fact , under the growing pressure of RMB appreciation , export to domestic sales have become a means to resolve a number of export-oriented enterprises have taken the appreciation pressure . 29, 2009, interview, the reporter learned that many export-oriented enterprises will shift attention from overseas domestic purchasing potential of the domestic market is growing , and in the background of the continued appreciation of the RMB , the country is not less than the profits from sales abroad . Related research reports solid wood floor flooring laminate flooring forecast analysis report Laminate flooring laminate flooring research report porcelain floor building materials industry analysis reports for more analysis
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