The Most Darkest Period of China Machinery Industry Has Gone

The recovery of China machinery industry will evolve from downstream special equipment

to machine parts, then to machine tools and other general equipments, which is a gradual process. Now the demand still mainly comes from domestic, such as railway, highway, subway and other items, if the private investment and exports recover in the second half year, the construction machinery industry will still be the most beneficial industry, but the recovery of machine tools and other general equipment, shipping industry are lagging behind. As the raw material price is increasing continuously and the power is not enough, it is expected that the profit of machinery industry will be improved in the second half year. At present, the machinery industry is undergoing a gentle revival. Because the capacity utilization rate was insufficient and the product price decreased in the first half year, the performance is lower than anticipation, especially some export-oriented industries, such as shipping, forklifts and bulldozers industries have not went out of the recession yet. But the darkest period of machinery industry has gone. In the rainy season in July, the chain decrease of the construction machinery products sales volume is normal phenomenon. Benefit from the infrastructure, the sale of cranes, excavators and concrete machinery represents positive growth for two consecutive months compared with the same period last year, but the sale of earthwork mechanical loading machine and bulldozers is average in performance. The increase of new project starting is forward-looking indicator, even if it falls, it also has high position in history, and the construction machinery sales of the second half year will not be slack in the off-season.

The output of domestic CNC metal cutting machine tools has recovered, and the machine tool export of July this year first achieved the positive growth over previous year. The export demand has come down the bottom; rebound has not been obvious yet. The link relative ratio of South Korean construction equipment sales in June continued to move up, down 40% compared with previous year, and the decrease rate is narrow; the sales volume of Japanese construction machinery only achieved 30%-40% of last year's, and the machine tool orders are only 20% of last year's; machinery orders in Germany factory fell 46% compared with previous year, the decrease rate is narrow compared with May; American machine tool orders declined 64% compared with the same period last year. Above provided by http://www.selectchina.com, and find more information on http://www.chinamachineryblog.com/ http://www.selectchina.com/China-Manufacturers/Machinery.html.

The Most Darkest Period of China Machinery Industry Has Gone

By: Deland Selectchina

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