Expected: September Sales Of Construction Machinery Only Seasonal Recovery

August sales of construction machinery products continued to slump，Infrastructure real estate investment warmer, but still waiting for construction machinery improved，Just a seasonal recovery is expected in September

Chengdu (I-Newswire) October 15, 2012 - August sales of construction machinery products continued to slump

Excavator sales August 5495 units, ring than -6.64%, year-on-year -30.12%, this year, the cumulative year-on-year -37.14%; the loader sales of 10,528 units, the chain -10.12% -37.97% yoy this year, cumulative year-on-year -27.09%; bulldozer sales 714 units, the chain +10.02% and +1.85% year on year, and this year, the cumulative year-on-year -33.64%; compactor sales of 1025 units, MoM +8.35% -23.45% yoy this year, cumulative year-on-year -41.76%; particle board line compared to July, excavators, the loader sales continued to slump, bulldozers, rollers slight recovery.

Infrastructure real estate investment warmer, but still waiting for construction machinery improved

August year-on-year growth rate of investment in fixed assets last month declined slightly, but the infrastructure, real estate investment rebound obvious, to which railway investment in a single month representing a significant year-on-year growth of 37%. We expect as maintain growth policies particle board line expanded downstream infrastructure, real estate will continue to steadily rise; However, we believe that the improvement of the downstream demand will be the first drive to enhance the utilization of equipment, improved industry sales point in time has not yet come.

Just a seasonal recovery is expected in September

September is the traditional peak season for construction machinery sales, but is expected to digging machine sales were only slightly increased in September this year, but the particle board line year-over-year decline narrowed the probability. August Komatsu digging machine still low hours, equipment utilization improved significantly, and should continue to maintain a cautious view on the industry.

So, because of these reasons, it can be sure that there will not be a big improve in machinry industry. However, a seasonal recovery is just ok for these deadly expected companies.