The fourth roll forming machine  industry is booming

Author: Author    NewsSource: Site author    Hits:     Updated: 10/13/2009

2009 7-8 months, engineering machinery industry product demand is strong, industrial output growth continues. Engineering machinery industry in August of industrial production rate, is all mechanical son 37% in the fastest rebound.

Due to the effect of four trillion economic stimulus plan comprehensively and real estate investment appeared, we estimate that appear in the fourth quarter 2009 boom of construction machinery industry will remain high. We maintain engineering machinery industry to take the rating.

Support rating point

Small molecule from engineering machinery industry in recent months, concrete boom of the mechanical and excavators. We think concrete machinery and excavators, real estate investment recovery is the biggest beneficiaries. At the same time, because of two three cities are banned in the city recently estimated future mixing concrete, lift two years will be strong mechanical demand of concrete.

2009 August loader, sales up 1-8 months of loader year-on-year decline sales volume, can see 29% of declining trend has been defeated, began to thaw stabilising signs. Due to the four trillion last year and infrastructure investment pull up a low base, estimate the 2009 in the fourth quarter sales will achieve a year-on-year growth of loader. 2009 year-on-year decline on August 13, bulldozers volume 1 - August 16 year-on-year decline bulldozer sales, but 6-8 months has declined, narrow trend. We expect the 2009 in the fourth quarter sales will continue to rise. Bulldozer

Longer term, we must pay close attention to the fast investment growth, economic structure imbalance of risk. We believe in the central government may pay more attention to promote economic structure adjustment, to boost domestic consumption. If the investment of economic econonmy, then it will gradually fell for engineering machinery products produce adverse effect to the demand.