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Category: News
USD Price Dropped 10% Due to Exchange Rate
August 3, 2018
Last 2 months, Chinese RMB rose rapidly against US Dollar. On July 1st, the exchange rate is still around 6.30. Before the deadline for publication, the exchange rate already exceed 6.85, which means our USD price drops around 10% since June. In 2018, prices of raw materials have grown rapidly in China’s total exports have fallen significantly. This exchange rate change is believed to have a positive impact on our exports.
Factories Close in A Large Area Cause Environmental Inspection
June 18, 2018
More and more stringent environmental inspection in China Environmental factors are playing big influence these days. Last week, inspection of environmental protection in Jiangsu province continued, except Xuzhou, Nanjing, and Changzhou, Zhangjiagang, the production in Wuxi, Suzhou and other regions has also been affected by environmental protection policies, and production has declined. Last week, steel prices continued to rise in China, especially for construction steel prices. The steel market has become increasingly dangerous. It needs to pay attention to risks and we can’t just chase them. Factories are facing unprecedented challenges As all our steel suppliers close last week for inspection, steel price had a sudden increase this week, rate can be 10%. The bigger problem is that we can not buy new steel, so now we can only supply our stock which is mainly the specification below FS1250. For details, pls contact our sales. For raised floor factories, more
Welcome to Domotex Shanghai
March 15, 2018
The annual DOMOTEX Asia /CHINAFLOOR will be held on 20th-22nd, March in Shanghai. Our booth number is E3H27, you are welcomed to visit us then. If you need help when you arrive in China, pls email us or call us directly : +86 13338807133
