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5 comment(s). Last comment by windcloud 2018-08-24 20:56
Posted by Stocker > 2018-08-24 20:41 | Report Abuse
Strong USD and cost of raw material (glue and log) decrease
Posted by windcloud > 2018-08-24 20:48 | Report Abuse
still not understand, adhesive glue is it made from polymer/EVA/butadiene … this may extracted from crude oil … if crude oil stand at high price and USD stand at high price … how come the materials cost come down ?
Adhesive glue think is used for merging the particle board ….
Not understand, since not study this counter …. but recently particle board counters share price is up ...
Posted by windcloud > 2018-08-24 20:50 | Report Abuse
another thing not understand is forex gain ? under what circumstances that derive forex gains ? can explain ?
Need your expert advice since newbie on this, thanks.
Posted by windcloud > 2018-08-24 20:56 | Report Abuse
forex gain - evergreen is mainly doing export business based in USD, so USD appreciates will produce translation gain, and vice versa. Think is like this.
Only materials one might need you explain unless I find out the answer.
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windcloud
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Posted by windcloud > 2018-08-24 20:35 | Report Abuse
但由于美金的走高, 原料成本 ( Glue 和 Log ) 在下半年开始下滑
Not understand on this one, can explain ?