Chinese insulator exporting influenced by exchange rate
China is an insulatormanufacturer main country. Many countries and insulator purchasers buy insulator from China including porcelain insulators, composite insulators, glass insulators etc. As an insulator exporting country, recent years the exchange rate has changed a lot which has influence Chinese insulator market structure.
In China, porcelain insulator manufacturers are more than several thousands and main located in Hunan, Fujian, Pingxiang and Shangdong. Because composite insulators are new material products and appeared in China in the 1990 s and now in China there are also about one thousand factories.
The change rate USD dollar to RMB, in 2005, it is 1:8.2, after several years decline, in 2015 it is 1:6.2. This year 2016, the change rate has a little raised, now is 1:6.7. The change rate almost decline 24%. And in the period the ten years, Chinese worker salary has raised from 1500RMB in 2005 to 4000RMB in 2016. It raised 266%! And now the insulators prices are lower than ten year ago. So for now China insulator industry is facing a hard times.
So many insulator factories in China, the price are different, the quality is different and the service also difference. For many international clients who don’t know which one is suitable for them. If only they don’t find right one which also bring them trouble. For us orient insulators as a famous composite insulator manufacturer, we really want to hope clients to find us since we can supply customers reasonable price and qualified products. We can assurance our products are qualified which can’t bring you trouble. But not every client can find us.