Unit price increases market returns Jiaxing Fasteners exports climbed

The China-EU fastener anti-dumping case ended with Chinese victory, improved the competitive environment of China's fastener companies in the international market including the European Union, optimized the international trading environment for fastener companies, and allowed investment institutions and financial institutions to The value of the industry can be re-judged. On the 5th, the reporter learned from the Municipal Bureau of Commerce that in the first six months of this year, the total import and export of fasteners in Jiaxing City was US$ 503.69 million, a year-on-year increase of 42.8%.

In the first six months, the fastener exports of the city were 49.918 million US dollars, up 43.8% year-on-year, which was higher than the average increase of 21% in the city's exports; the export of fasteners accounted for 5.5% of the city's total exports, accounting for an increase of 0.8% over the same period of last year. Percentage. Among them, exports to Europe and the United States amounted to US$ 205.88 million, accounting for 41.9% of total fastener exports, and the EU market and the US market increased by 47.96% and 50.74% respectively.

In the first half of the year, only a few markets such as Malaysia saw a decline. Affected by the EU’s anti-circumvention investigation on fasteners imported from Malaysia but originating in China, the export of fasteners to Malaysia in the first 6 months was 8.96 million US dollars, which was a year-on-year decrease of 15.09 million US dollars. 40.63%.

A good export situation has prompted the expansion of the production capacity of fastener enterprises in our city. In the first six months, the number of fastener products exported by the city was 355,832 tons, a year-on-year increase of 17.2%. Ten companies with export value over US$10 million increased by 25% year-on-year. At the same time, the unit price of exports has risen by 23% over the same period of last year.

The relevant person in charge of the Fastener Association of Shanghai stated that in terms of the environment, the success of China-European fasteners in "catch-up" with China will help improve the competitive environment of Chinese companies in the international market including the European Union and optimize the international trade environment. It has a boosting effect. Second, it can promote the bank's financial support to the fastener industry, and it can alleviate the financing difficulties of the company to some extent.

However, the person in charge also pointed out that Europe and the United States are the main export markets of fastener companies in the city. Due to the slow economic recovery process, the unemployment rate remains high, and the consumer confidence is still low, which will cause follow-up problems to the city's exports. On the other hand, fastener products that are almost completely steel-based are affected by fluctuations in steel prices. Fasteners are inherently low-profit products. Frequent adjustments to steel prices will bring significant cost pressures to companies. .