December 2010
We are inundated with various market reports and predictions in the media, from our bank’s foreign exchange department and Chinese suppliers. As we are coming to the end of the year we would like to share this with you in order that we can make better sense of the current market situation and better predict what is likely to happen next year.
Inflation in China stood at 4.4% in Nov.,2010, and the government has indicated it will certainly be higher in December 2010. Wage inflation alone in 2010 stood at 13%. There is considerable pressure from the USA who believes that RMB should appreciate by between by 20 – 40% to reach a true and fair value against the US$. As a result there have been huge capital inflows into China in anticipation of RMB appreciation. This has fuelled rises in commodity prices (iron and steel rose by 20% in last two weeks) as well as continuing to create a property boom.
Synthetic filament costs have also increased
The world wide cotton shortage which has seen a price increase of approx.70%, and as a result many garment manufacturers move to producing garments using different fabrics such as polyester or acrylic, not surprisingly these prices have in turn also increased sharply over the last month by approx 20%.
The manufacture of brushes currently uses a lot of synthetic filament, such as SRT & hollow PET filament which are made from polyester & PBT, these filaments have also increased 10-20% since the middle of November, resulting in many factories trying to increase prices.
The price of oil has also increased
The result has inevitably seen oil based products such as PP, ABS, PET. increase, the cost of plastic handle have risen by between 15%-25%;
The RMB has appreciated this year by approximately 4% and it is widely anticipated that it will rise by a further 5% in 2011.
For these reasons it is likely that one should count with price increases for goods being manufactured in China in 2011. The Chinese fully understand the importance of exports to their economy and I believe they will make every effort to keep prices rises to a minimum.
by Tim Kleingeld
v9betvietnam
Alright guys, so I checked out v9betvietnam. The Vietnamese site is cool, easy to navigate even for a newbie like me. Good promotions and some decent odds. Might be my new go-to spot! You can find it here: v9betvietnam
phdream23
Anyone tried phdream23 yet? Just checking it out now. Seems like a new platform. Let’s see if the dream comes true! Here is to winning! phdream23
lucky8app
Downloaded the lucky8app and it seems pretty decent! Smooth interface and easy to navigate. Fingers crossed for some lucky wins! Give it a whirl! lucky8app
18jllogin
Been using 18jllogin and it’s pretty straightforward. Easy to get in and get playing You know I like the simplicity. Check it out for yourself 18jllogin.
apaldoapp
Grabbed apaldoapp recently, and it’s pretty solid I must say. Has a good range of features. Definitely worth a try if you are looking for it apaldoapp.
j888com
J888com is in the game. Seems like a decent enough platform. It is what it is I guess. j888com.
my777yono
Just heard about my777yono! Sounds intriguing. Has anyone had any wins? I’m always trying to find a new and enjoyable pastime. Discover more at my777yono
okebet4
Okebet4 seems promising. A decent variety of games but make sure to read the terms, okay? Link for the curious: okebet4
pesomaxfuncasino
Pesomaxfuncasino… name’s a mouthful haha! But hey, the games are pretty entertaining. Just play responsibly, yeah? You can find it here: pesomaxfuncasino
74bet21
Yo, 74bet21! Just checked you out and gotta say, the site’s looking clean. Ready to place some bets and see what’s up 74bet21. Let’s get this bread!
7777x
Been thinking of trying out 7777x for a while. Hope the luck is on my side. Who knows, maybe I’ll hit the jackpot 7777x? Let’s do it!
ag999gameapk
Alright, downloading the ag999gameapk and getting ready to roll! Ready to test my skills and see what kind of action you got ag999gameapk. Let’s get it!
ez777web
Anyone tried ez777web before? Looks like a solid platform with some interesting options. Check it out yourself: ez777web
leon89
Leon89 has been getting some buzz locally. Might be worth a look if you’re looking for something new. Give it a whirl: leon89
lottofypartners
Heard about lottofypartners; if you’re into lotteries and affiliates, might be a good fit. Here is the link lottofypartners
casino bom
Casino Bom is a fun and thrilling option. Lots of games and exciting possibilities. Check them out. More info here casino bom
ph33 login
Struggling a bit with the ph33 login. Is it just me or is it kinda wonky? Any tips or tricks to get in smoothly? Help a brother out!
phdream apk
Was looking for the phdream apk and found it easily enough. Installation was simple too. Thumbs up for ease of access!
24bettingaviator
24BettingAviator’s pretty sweet if you’re into that. I’ve had some decent luck on there. Check out 24bettingaviator , but play smart!
hindubet
HinduBet, alright! Used it a couple times for comparing odds. Seems legit enough so far. Gotta know your stuff before betting, though! More info at hindubet.
rummygoldsapk
Looking for the Rummy Golds APK? rummygoldsapk.net seems to have it. Just be careful when downloading APKs, folks. Always run a virus scan! Get it from rummygoldsapk.
fachai casino login philippines
Easy peasy with fachai casino login philippines. So simple to get in and start playing. If you’re in the Philippines and looking for some fun, check it out: fachai casino login philippines
Brazzino Fan
Brazzino is alright! Tried it out on a whim, and I was pleasantly surprised! They have a good selection of games and everything runs smoothly. Give it a shot! Brazzino
lô khung rồng bạch kim
For anyone into lô khung rồng bạch kim, this site is pretty useful for getting info and stats. Worth checking out. Check it here: lô khung rồng bạch kim
mtm777casino
Alright, alright, mtm777casino. Looks slick, plays smooth… and the payouts? Not bad at all. I’ve dabbled in a few different games, and they’ve all been solid. Good times had by all! Give it a go! mtm777casino
metboxcasino
Metboxcasino? Yeah, it’s a solid choice. Good bonuses and promos, and the games load quickly. No complaints from me. Check out metboxcasino if you’re looking for a new casino to try.
slot888slots
Slot888slots does what it says on the tin. Plenty of slots, some good ones too. Easy to find what you’re looking for. Give slot888slots a look if you love spinning those reels.
lotus365vipsignup
Lotus365vipsignup? Dude, if you’re looking for a VIP experience and some serious action, this might be your spot. I’ve heard some whispers about it offering sweet bonuses and a slick interface. Check it out and let me know what you think! Jump in and see what the hype is about!lotus365vipsignup
h2 poker
H2 Poker in Curitiba? Now we’re talking! I heard that venue is supposed to be top-notch for tournaments, especially the No Limit Hold’em. If that’s your game, get yourself down there! Let’s hit the tables hard! h2 poker
tez888
Heard about Tez888. Hockey betting, eh? If you know your teams, could be a good way to spice things up. Just gamble responsibly, alright? Nothing wrong with a friendly wager, right? tez888