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Archive → August, 2009

Machinery Industry

In June in line with the expected level of sales index rose to 17% in July on expectations of market demand for flat in June.

Positive changes in favor of this month there is a heavy equipment manufacturer is expected orders from the metallurgical industry improvement, we are part of research in June loader manufacturers have indicated their continued better-than-expected sales and expected degree of the whole year is expected to boom after the previous low high.

Standard Machine Works, said demand is still weak and heavy machine tool manufacturers that from the lower reaches of the needs of the automotive industry continues to improve, while wind power, hydropower and other energy equipment manufacturing enterprises to maintain the stability of machine tool orders, but orders for shipbuilding industry is still no improvement.

Most of the enterprises said that the beginning of this year to complete the development of the annual plan, but this year sales will be lower than last year. While external demand chain but also improved significantly less than domestic demand. Part of the respondents said the cost increases the capacity of weak conduction, it is more likely to digest their own costs as far as possible, so if steel prices rose their profit margins will be squeezed.

Imports and exports of construction machinery

According to the General Administration of Customs statistics, in 2009 January-April import and export trade volume of China’s Construction Machinery for 4.14 billion U.S. dollars, 30 percent less than the previous year. The amount of which 1.57 billion U.S. dollars of imports, 20 percent less than the previous year; exports 2.57 billion U.S. dollars, 35 percent less than the previous year, a trade surplus of one billion U.S. dollars.

     2009 January-April, a total of 970 million U.S. dollars of imports of machines, 14 percent less than the previous year, accounting for 62% of total imports; parts imported 600 million U.S. dollars, 27 percent less than the previous year, accounting for 38% of total imports. Crawler excavators which imported 430 million U.S. dollars, 21 percent less than the previous year, accounting for 44 percent of imports of the whole machine, less than the previous year the share of four percentage points.

     On the export side, a total of 1.72 billion U.S. dollars of export machine, 36 percent less than the previous year, accounting for 67 percent of total exports; components export 850 million U.S. dollars, 33 percent less than the previous year, accounting for 33 percent of total exports.

     At present, the import and export of construction machinery is still in decline, and import and export of a single month than the ring did not take last month’s growth momentum, to fall, the downward trend in exports is no obvious signs of improvement.

Machinery industry was robust and growing economy

Machinery industry in the current round of downward cycle around the fourth quarter of 2008 the economy has reached the bottom of macroeconomic policy as a result of the rapid shift in industrial policy and credit the strong support the rapid expansion of the size of the background, the industry will boom in 2009, gradually recovering, and 2009 In the second half of the industry will continue to recover by leading the industry as a whole plate-type extension. Machinery industry down cycle has bottomed out, the second half of the industry trend of economic recovery will continue to take the lead in the recovery of the plate to the machine tool construction machinery equipment, spare parts and other fields based on an extension.