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Machine tool industry

January to April this year, China's machine tool imports dropped them on a quarter of all imports 11,12 compared with last year the month of decline has narrowed, but began to decline in April, the month in April fell by more than half of imports. Month in April, 4383 China's imports of machine tool units, dropped 51.9 percent year-on-year, worth 540 million U.S. dollars, down 20.1%.

Metal processing machine tools(such as duct machine,pipe machinery, elbow machine,tube machine and cnc plasma ) this year, China's imports is mainly due to sharp decline in domestic demand is insufficient. The world economic recession on the negative impact on China's economic development become increasingly prominent, especially in the global automotive industry such as steel and machine tool industry fell significantly downstream, resulting in the domestic market demand for machine tools dropped.

The short term, machine tool products will continue to lack of domestic demand. April 2009 metal-cutting machine tool production in China 55,200 units in March output growth than 01,100 units, year-on-year growth rate of -8.41%, slightly down; April CNC machine tool production in China of about 11,000 units, year-on-year growth rate fell sharply to -13.65%. A total of 1-4 months, the metal-cutting machine tools, metal forming machine tools production fell 20.2 percent and 20.5 percent, including metal-cutting CNC machine tools, CNC metal forming machine tools dropped by 18.7% and 8.3%, the machine tool industry is still in decline in the overall state of .

Machine tool industry is still in an adjustment period, machine tool product mix still is not quite rational, in the proportion of high-end products is still low, some high-end situation of dependence on imported machine tools has not yet been broken. Small and medium-sized enterprises are still facing difficulties in their operation, a serious decline in profit, low-end products, such as the plight of overcapacity. Machine tool industry in general business degrees to about half a year behind the economic cycle, so the industry is lagging behind the recovery to stabilize, we believe that the machine tool industry to mention the short term bottom, we still maintain its "neutral" rating.
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