December 17 the Federal Reserve announced interest rate hike, the benchmark interest rate raised to 0.25% to 0.5% of the target range. The report is: the agricultural industry is more favorable.
In fact the interest rate hike is expected to trigger a moderate depreciation of the renminbi in recent times. Although the news everyone expected, but for the global economy, China economy and agricultural industry will continue to produce a series of effects. According to the general economic law, the devaluation of the RMB favorable product exports, adverse imports, the Chinese enterprises are planning and international mergers and acquisitions will face more variables.
It is difficult to grasp relative to the macro economy, the agricultural industry for the United States, the devaluation of the RMB interest rate moderate views very specific.
Fertilizer industry expert Zhai Jidong believes that the fertilizer industry has a direct impact on three.
On imported disadvantage, imported products increase the cost of imported potash industry, effects of sulfur and sulfuric acid and fertilizer products by. From the perspective of exchange rate of potash fertilizer rose the possibility of large, but from the global economy and commodity market downturn, the decline in food prices and other factors, the emergence of global potash is also difficult to.
- export products of China's fertilizer products are enhanced by the export products, which are favorable for export. China's fertilizer industry has always been into more than a total of more than in the general background of nitrogen, phosphorus and compound fertilizer, the devaluation of the renminbi is expected to reverse the situation, the industry overall positive.
- the cost of investment and mergers and acquisitions of enterprises in the international investment and merger and acquisition program.
The pesticide industry believes that the dollar interest rate may bring good news to some large multinational companies, with the devaluation of the renminbi against the dollar, China manufacturing agricultural products will further enhance the price advantage. As the dollar is the global currency, the dollar's strength could trigger a rise in the currency of the euro.
- Bayer told reporters that the product is subject to U.S. dollar interest rate has little impact, but if the dollar strong impact, the euro appreciation, will bring good news for China's exports to europe. At present, its main export business is affected by the euro changes. The euro against the end of the euro, the Chinese pesticide exports to Europe to produce resistance. The devaluation of the RMB against the U.S. dollar, will change this trend, for Chinese products to inject confidence.
- Zhongnong Lihua deputy general manager Niu Bin introduction, because the United States trade barriers are very high, the European registration fees and information on the requirements of high, long payback period, for domestic enterprises, South America, Southeast Asia, Middle East and Africa and other developing countries are still mainly in Brazil as the main export market. The dollar interest rate for agricultural import and export America has no effect especially serious, but note that a strong dollar, especially the exchange rate continued to rise, to Brazil, Argentina and other countries local enterprises to Chinese purchasing has a direct impact. Affected by this, domestic enterprises and Brazil, Argentina and other countries to carry out the transaction, for non payment transactions, there is a risk of bad debts and bad debts.
The world (Chinese) - Whitcomb, general manager Geng Pingtian said, for the pesticide import enterprises, bring the cost rising pressure on the dollar rate hike will. Year is the peak of pesticide imports, imported products of the enterprises will be under pressure ahead. In the export side, pesticide exports by climate, pests and diseases have a greater impact, and the impact of the U.S. dollar interest rate is smaller.
Background link
The analysis shows that, the dollar interest rate may lead to economic Chinese five changes: one is the Sino US economic strength China translocation, economic risk increase; Second People's devaluation pressure, in fact in the interest rate under the pressure, people have been down for 9 consecutive days; third capital flow to increase the probability of falling oil prices; fourth with interest not conducive to three barrels of oil, but domestic demand may fifth is caused by the real estate crisis.