Impact Of The Euro Has Neared The End Of Pv - Heat Pump, Solar, Pv - Solar Industry

80% of China's PV industry market in Europe, six months

, the euro had weakened more than 16%. According to a recent three-year cycle of U.S. dollar against the euro, the dollar index of not more than 95 U.S. dollar against the euro is about 1.1 to 1. Currently, the dollar index has reached 87, the U.S. dollar against the euro has reached about 1.22 to 1, which means that there are up nearly 10% of the space. In addition, the U.S. government to strictly investigate "fraud gate" full flowering, which means that America's problems are increasing. U.S. stocks fall, the U.S. financial sector profitability prospects, the global hedge funds move one step out of the United States, the euro rose by a switch or passive is a step away. Therefore, the euro has affected the Chinese PV near the end.

In the second half, China's PV industry to export?

I think, in the second half put the euro dollar bullish, it would enhance the European photovoltaic industry, the import of products, is conducive to China's exports. From 1 July, the German PV industry to reduce subsidies, will make Germany a small number of business failures, the market will be our business to fill the vacancy. Sovereign debt crisis for the euro zone countries to reduce the deficit and public debt will reduce the PV industry to subsidize efforts to make the euro area photovoltaic business costs, coupled with the euro bounce, and the intensity of the euro zone by cutting subsidies which led to a small number of PV business failures This will export our PV business in the second half than the first half of Europe, with a better environment. U.S. dollar or the euro rose

in the second half, made up of other currencies against the dollar, fell against the euro. If in the second half allowed the yuan to appreciate slightly, into the yuan against the dollar of about 3% depreciation of the RMB against other currencies. This in fact conducive to China's PV industry exports, however, the dollar had weakened into dollar terms, there is 3% of the exchange rate risk. Although the exchange rate risk is not great, but can be a short one dollar settlement. Can also use the euro or the bilateral currency settlement, so that risk was.

The first quarter of this year, Suntech exchange loss 2400-25000000 U.S. dollars or so, by hedging only means to restore 2 million -300 million loss in the second quarter to reach 50% of the hedge ratio, expected exchange rate loss of about 12 million U.S. dollars. Artus (China) Investment Co., Ltd. in the first quarter exchange losses amounting to millions of dollars. The second half of these companies export to Europe in euros, exchange rate losses in the first half will come back basically fishing.

Sum up, I think, in the second half of China PV industry export environment better than the first half, first half of the export losses on exchange in Europe in the second half is basically back to fishing. Taking into account the main euro tumbles 75% completion rate, I believe that impact the euro has been near the end of PV.

Upcoming Events: 2010 5 28 Day? 29 May 2010 in Guangzhou, China heat pump, solar Fair

"Hailin Cup" 2010 China Top Ten Brands Award heating heating industry

by: gaga

POST COMMENT

Questions To Ask Before Hiring Any Personal Injury Lawyer New York Payday Loans New Zealand: Option for Emergency Finance How To Save Energy At Home In Winter Buying Tech Gadgets: How To Buy The Ideal Solar Charger Dairy Industry in New Zealand - Leading Export Industry Working Together to Make Your Car New Again How to Update Video Card Device Drivers and Installing a New Video Card Trends: Quick Order From Mmocarts.com Now, The Wow Gold Price Will Be Up During Chinese New Year Amadeus Consulting Discusses New Android Market Content Ratings Installing A New Water Tank Yourself PC Energy Report 2009: United States, United Kingdom and Germany Hiphone 4 Explored A New Era Of Iphone Copy How To Put In A New Water Heater