Article: 2008 AIR-CONDITIONER PRICE TO GROW 5% AT LEAST


AsiaInfo Services
03-07-2008
2008 Air-conditioner Price to Grow 5% at Least

BEIJING, Mar 07, 2008 (SinoCast via COMTEX) -- The Chinese air-conditioner industry is to lift product price by 5% at least in 2008, compared with about 10% in 2007 and about 20% in 2006, showed data compiled by the State Information Center.

The total sales of China-made air-conditioners at home and abroad will reach 75 million units in 2008, including 34 million units in the nation, forecasted by Suning Appliance Co., Ltd. (SZSE: 002024), a top home appliance retailer in China.

Meanwhile, the white goods price is predicted to grow because prices of copper and steel, two major raw materials of ...

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