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    Home > Coatings News > Paints and Coatings Market > The central bank cuts interest rates and liquidity by 700 billion to bring coating companies to "survival"

    The central bank cuts interest rates and liquidity by 700 billion to bring coating companies to "survival"

    • Last Update: 2021-09-09
    • Source: Internet
    • Author: User
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    The central bank cuts interest rates, which means that interest rates may be reduced, which will accelerate the flow of bank deposits to consumption and investment.


    On the other hand, it can be estimated from the above table that after five consecutive interest rate cuts during the year, home buyers can pay nearly 170,000 yuan less interest in a total of 20 years on a million-dollar mortgage, and the less paid interest will turn into consumer demand and flow to the market.


    Financing pressure reduces the "heart-saving pill" for coating companies

    As we all know, the current downward pressure on my country's coatings market is huge, production costs are increasing, corporate debt is generally difficult to recover funds, downstream demand is sluggish, industrial environmental protection upgrades, etc.


    Conversely, although the interest rate cut by CCTV will have a certain positive impact on coating companies, it does not mean that coating companies can rest assured that in a diversified market environment, the evolution of market competition It will only become more and more intense.


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