According to Wind data, since May, the information about the appreciation of the RMB against the US dollar has attracted market attention, and the exchange rate of RMB against the US dollar has entered the “6.5 era.” Recently, most Wall Street investment banks said they are optimistic about the appreciation of the renminbi.

As of 16:30 last Friday, the onshore renminbi exchanged USD to 6.5823, a decrease of 94 basis points from the previous trading day and a decrease of 109 basis points from the first half of November. The central parity of RMB against the U.S. dollar on the same day was reported at 6.5755, an increase of 25 basis points. In mid-October, the current round of RMB appreciation has lasted for half a year, and it has been rare since the exchange rate of “8.11” in 2015. In the initial stage, the risk reserve for long-term foreign exchange sales business was reduced from 20% to 0.

The German Bank announced a report on China’s economic prospects for this year and 2021. It predicts that by the end of 2021, the RMB exchange rate against the US dollar will rise from the current “near 6.6 level to about 6.2″, an appreciation rate of about 5.8%.

Wind data shows that Goldman Sachs is uncertain about the dollar’s 2021 expectations. Recently, Goldman Sachs stated to customers that the value of the U.S. dollar is still “overvalued” and it is expected that the U.S. dollar index will continue to depreciate by 6% in 2021. Citi strategists recently reported that it converts overseas investors to protect their assets in the United States from the erosion of exchange rate changes in the future. The dollar will continue to depreciate by 20% in 2021.

For a company, the exchange rate is only a part of the component of price, the price composition is diversified. As a company dedicated to the export of foreign trade ceramics, many aspects of the cost determine the price together. For example, the development of new models, and the price of raw material, labor costs, packaging costs, natural gas and electricity costs are all factors that determine price. As a exporter of daily-use ceramic in the north china, wellwares have  huge factory to support. In addition. Strict product quality control and stable delivery are also our company advantages. At the same time, wellwares will provide you with a suitable design according to the market trends of different countries. To provide you with one-stop purchase, this is the purpose of wellwares.