2008 may be destined to be an unsettling year for the fastener market. Therefore, the next two years will be a major reshuffle of the industry. Fastener export companies have experienced a general dilemma of weak growth. Fastener companies have been only supplier companies since 1990.
China currently has more than 20,000 registered parts suppliers, and this number is still growing. The domestic automotive fastener market supply maintained a double-digit growth rate year after year. In 2008, the promulgation of the new labor contract law greatly increased the labor cost and labor shortage rate of enterprises, and the domestic monetary tightening has caused fastener companies to face unprofitable exports and face tight financing in production and operation.
It can be OEM and operated with its own trademark. Such a market situation will also affect the communication of the industry, so that the technical level and product quality may fluctuate., are professional and worthy of entrustment! consult. Since 2007, the renminbi has CSK Phillips Head Deck Screws Suppliers been frequently appreciated, the US dollar is weak, the export tax rebate has been reduced, and the raw materials have soared.
Faced with problems such as the appreciation of the renminbi, the decline in export tax rebate rates, the rise in labor costs, the rise in raw material prices, and the rise in logistics costs caused by the rise in oil prices.
Therefore, the next two years will be a major reshuffle of the industry. In 2007, the total output of the national automotive fastener enterprises increased by 35% year-on-year, and the average sales revenue increased by 18. Compared with the slowly climbing export fastener market, the expanding domestic demand market has become a driving force for the development of the fastener industry.