China 's stone products become more expensive now. First, the exchange reate RMB to USD keep decreasing. From 8.2 / 1 to 7.81 /1 , and it will keep going. Second , the returning tax has been cancelled. 6% means half profit of product has been erased by the government. I cite an example to be more intuitionistic. Shangxi black slab, 3cm random slabs, 2700x1500x30mm, polished, timber packed Our factory price is 720RMB/SQM. Assume our profit is 8% Now we see: 720/7.81=92.19USD/SQM 92.19X8%=7.38USD/SQM 92.19X6%=5.53USD/SQM Assume we can load 260sqm for one twenty feet container, Asume the cost for fowarding and and port charge is 385USD/container for per sqm, it will be 1.48USD/SQM (385/260) we willl get the FOB XIMANE PORT=92,19+7.38+5.53+1.48=106.58USD/SQM Compare to early this year, 720/8.2x(1+8%)+385x7.81/8.2/260=94.83+1.41=96.24USD/SQM We will see 10.34USD/SQM, OR 2688.4USD/CONTAINER will be the difference. For factories, they will face increasing the unit price and minimum the cost for facing the new environment and policies. The central government has handed to the factory's pocket and warmed them not heavily pollute the environment, and fully take use of the resource. In one word, in China, everything seems way to high,Not only for granite and mable but also for real estate, oil, food, etc. Is the normal? Or China is facing a big economic crisis? We will see. by Franco MSN: liaohuaqiang@hotmail.com |