China Tongcheng Tianbai Plastic Co.,Ltd.

In recent "China petroleum and petrochemical magazine's a feature report, China plastic industry association and guangdong plastic industry association do a simple prediction: RMB appreciation 1%, plastic industry export value of lose 12 million yuan, and profit, reduce nearly 3 million yuan.

Ordinal analogy, the association believed that the renminbi revaluation 3%, plastic industry export value of loss 36 million yuan, and profit, reduce nearly 800 million. If appreciation to 5%, plastic industry export value of loss 60 million yuan, and profit, thus reduce nearly 14 million yuan.

Plastic association's Mr Fu Said: "after RMB appreciation, domestic products in the international market have no price advantage, but because of cost place is restricted, reduction of space is almost zero. Therefore, the enterprise best by technical innovation way improve the quality of the products. Meanwhile, the enterprises also want to pay attention to brand of the mold, with high quality and visibility keep markets."

The sasac comprehensive risk management and foreign exchange risk management research research group of experts XieHongBo, says that plastic products belong to revalue the renminbi very sensitive export industries, c.m will decline, is bad. Currently, China's many large companies because are exported, a general annals once price, price at the beginning has basically lock. And American and European buyers early order amount is larger, the purpose is to first locking price, etc after RMB appreciation, pass all the risks to China's export enterprise body. So, to large enterprises for, delivery contract deadline is longer, the order, the greater the damage will be bigger also.