Low-cost protection of China's casting product price advantage

China's casting industry's production costs have risen by a certain margin with the development of social economy. However, the increase is not significant. Therefore, the production cost of China's castings is still low in the same industry in the world, and the production cost is low, which is conducive to maintaining the price advantage of China's casting products.

It is reported that in 2013 the number of graduates from colleges and universities across the country reached 6.99 million, and the employment situation of graduates is severe. Large-scale employment pressures have caused the wage level of the casting industry to be difficult to rise. In addition, in the first half of the year, due to the recession in the global economy, the decline in domestic exports, the apparent slowdown in economic growth, and the declining cost of labor and raw materials in China, the production costs of China's casting companies have generally declined.

The low production cost is conducive to maintaining the price advantage of China's casting products, which has played a certain role in supporting the export and domestic sales of China's castings. It is speculated that in the second half of the year, although the prices of international raw materials may rise to some extent, the level of domestic prices may further decline. Large-scale employment pressure also leads to difficulty in rising wage levels. Affected by these factors, the production of castings in China The production cost will continue to be kept at a relatively low level, which is conducive to continuing to maintain the price competitiveness of our casting products.