The exchange rate of RMB has fluctuated greatly in the past two months, and it has directly exceeded 7 recently. Then the devaluation of the renminbi means that China’s products are more competitive in the international market, which is more conducive to the growth of domestic exports. But on the contrary, it is not conducive to domestic imports, which means that we have to use more money to import. So it seems to be favorable for exports, but due to serious global inflation, the economy is not as prosperous as in previous years.
The sea freight has dropped significantly in the past one or two months. In the past two years, the sea freight has remained high. For exporting companies and importing customers, they are very unwilling to see it, and it is also difficult to accept. In the past two years, due to inflation, the prices of various raw materials have been rising, so that the same products have risen a lot compared to the past. On the one hand, the imported customers have suffered a lot due to the rise in product prices and the rise in sea freight costs. Now is a good time to place an order. On the one hand, the RMB exchange rate has depreciated, and on the other hand, the sea freight has dropped a lot. So customers who want to place an order should not miss a good time.
We are mainly engaged in the export business of building materials. The exported products are mineral wool sound-absorbing ceilings, glass fiber sound-absorbing ceilings, calcium silicate ceilings, glass wool insulation felts, glass wool insulation boards, rock wool insulation felts, rock wool insulation boards, cement boards, and other products. The products cover a wide range, and there are many export categories. If you have import needs, you can inquire at any time. We can do FOB or CIF.
Post time: Sep-28-2022