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[Canton Fair Express] Higher Commodity Prices, Pressure On Export Enterprises

2011/4/28 9:24:00 72

This year, with the slow recovery of the world economy, international

market

Demand for commodities has increased, global liquidity has been severely overloaded, and the US dollar has continued to go down. Huge amounts of capital are driven by speculative factors and risk aversion factors, which have poured into commodity markets, leading to the continuous rise of international commodity prices, which has brought enormous cost pressure to export enterprises.

In this session

Canton Fair

During the first and two interviews, many enterprises reported to reporters that the prices of raw materials

Rise

This is the biggest challenge at present.

Exhibitors said that although this can be digested by raising export prices, many export enterprises have limited bargaining power in the actual process, so they can not completely pass the risk.

On the one hand, the excessive rise of raw materials affects the order of enterprises, resulting in a single dare not to accept; on the other hand, some enterprises complain that the order has not been completed before some years ago, and has already lost money, which has affected the profitability of enterprises.

Teng Xiao, deputy general manager of import and export Limited by Share Ltd of Jiangsu Hui Hong International Group, said that the cost of the company has risen by more than 80% from the cost of raw materials.

For enterprises, raw material prices rise without regularity and uncertainty. Therefore, it is the most difficult to grasp the price trend and defuse risks.

Wang Qi, general manager of Liaoning Longde, also said that the average price of the company rose by 10% at the current fair because of the increase in export costs. "But 10% is not enough to fill the cost increase, so we can only compress profits further."

It is understood that the price of domestic means of production continued to rise in the first quarter, driven by the continuous rise of international commodity prices.

The flow of production data increased by 11.2% over the same period, of which 17.8% of refined oil prices, 17.6% of steel products, 10.3% of non-ferrous metals and 8.8% of chemical products.

The purchasing price of industrial producers increased by 10.2% over the same period last year.