The influence of depreciation on plywood export

For recent period, Chinese currency CNY is keeping depreciating sharply. This was a good news for all the plywood exporting company.

It is a long period for CNY ' s standing climbing in the past half year, the African countries and the Southeast Asia countr IES is becoming the main exporting force to instead in China. So the exporting of plywood is facing harder and harder situation not only the currency appreciation but also the higher Labor cost and raw material.

Now the good news of depreciation makes the Chinese suppliers of plywood can lower the price to compete with Vietnam and I Ndonesia etc. and attract more buyers from Europe and American. Likewise the plywoods made in China can also attract more buyers even from Africa those is in the huge demand of Construc tion materials like the building stone, ceramic, steel and wood building template including film faced plywood, formwork H Timber beam, LVL scaffolding plank etc.

As one of the most important part of the structure of building template, film faced plywood are more and more popular used As the formwork panel. The prospect of the plywood exporting would be more and more better with the depreciation.

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The influence of depreciation on plywood export