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English Translations » 信息处理 » The impact of RMB settlement in cross-border trade on the PV

The impact of RMB settlement in cross-border trade on the PVC market in South China

2009-04-13View Original

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Last Thursday, the State Council approved a pilot program for using RMB in cross-border trade settlements in Shanghai and four cities in Guangdong; as a result, PVC prices in the South China region dropped by 50 to 100 yuan on the same day. Settling cross-border trade in RMB can help mitigate foreign exchange risks to a greater extent, thereby making more downstream processing enterprises and traders more inclined to import PVC Is it good or bad for the domestic PVC market? Did anyone who was in the know offer help? ? ～

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Translated at 2026-07-27 21:52:06

Original: https://bbs.hcbbs.com/thread-442065-1-1.html

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