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The mounting up of oil price have no severe impact on Japan company

The mounting up of oil price have no severe impact on Japan company

Write: Nu [2011-05-20]

On April.28, International Fashion Industry Cooperation Talkfest & item Signing Ceremony is hold in Qianjiang when 28 items is signed , total investment reaching 12.76billion Yuan.apanese media report that the investigation of government show that up to now, the inflation of oil price have no severe impact on Japan company. The investigation carried out by 57 companies lying on crude oil and oil product show that about 70% company forecast that the oil price will continual rising, comparatively, the investigation in February show that the company who forecast oil price will rise continually account for 40%.

57 enterprises distribute in 9 industries depending on oil, such as chemistry, glass board, textile and paper pulp, steels, electrical machine, auto, roll steel and cement.

The investigation is carried out during April.18-27 when the crude oil price of New York rise from $ 71.35 to $ 75.17.

About 80% companies take part in investigation said that the trend of oil price will have definite negative influence on their business, however, about 10% company said that the influence is not so severe.

The investigation show that some companies have already transferred the appreciation to product, the new oil appreciation have not havocked their operation.

Just as the investigation in February show that about 30% company said in investigation in April that they worry about the appreciation of oil price will become second negative influence which is possible to increase the cost in public energy source and circulation service.

Many investigates say that they are speeding to search for kinds of resources extending from oil to natural gas or other fuel to answer for the rising oil price. Part investigates also appeal to government to stable oil price in international market.