China Ningbo Reuters affected by the impact of the upstream raw material prices diving, solar battery export prices fall as the end product. The Ningbo Customs data show that the first 11 months of this year,
, the cumulative export solar
battery 10,690,000, valued at $ 1.15 billion, the average export price for each
$ 107.9, down 56.2% year-on-year. Ningbo Port
From the export market, the EU's largest export market,
port its exports of solar
cell 5,881,000, a decrease of 15.9% year-on-year.
Hong Kong, South Korea and other emerging markets, exports soared, which Hong
Kong's exports of solar cells 1,523,000, an increase of 34.5 times; 594,000
Korean exports increased by 48.8 times. Ningbo
To promote the healthy development of the PV industry, the State Council recently study identifies five policy measures, including encouraging the installation of photovoltaic power generation system, the establishment of a simple and efficient service system and network, and to improve the electricity pricing mechanism to prohibit local protection. Customs pointed out that the domestic photovoltaic applications under the New Deal of the stimulus in the photovoltaic market is expected to usher in a major turning point in the city's solar cell business in the consolidation of the export trade and to make preparations to expand the domestic market.
"No-name, market chaos" is the portrayal of the solar market. The annual output of solar panel water heaters in
50 million units, of which more than 80% of a variety of small brands. Those
who are not qualified, does not meet the technical standards set threshold is
too low, can come in this disorderly competition led to the vicious cycle.
Accompanied by the acceleration of the industry reshuffle, to keep up with the
market development of enterprise, began to be cleaned out, experts said, the
next 3-5 years, this figure will be more than 50%. China
It is worth mentioning that the Emperor Ming of the year, once the industry leader of high-profile announcement to "flee" the water heater, the transformation of "climate improve the mall. I understand that the past three years, through the Conference in Sun City, Emperor Ming tentacles extend to the exhibition, hotel, travel, the actual gain is not large, one micro-row hotel project in the first three quarters of last year losses of 4420 million. In addition to their own poor management, industry competition Emperor Ming face enormous pressure.
The reporter from the shares of the controlling shareholder of Emperor Ming Huang Ming Holdings' financial data, 2008, 2009, 2010 and the end of September 2011, Emperor Ming Holdings net profit of the consolidated financial statements were $ 1.97 billion, 1.09 billion, 0.75 billion and $ 0.28 billion. As can be seen from this group of financial data, Emperor Ming Holdings marked decline in profitability in recent years. Emperor Ming has frankly stated in its bonds to raise the book, "As competition intensifies, the market share of the company is facing downward pressure increasing."