Construction machinery market performs well in April

In 2016 April, China's construction machinery market index, namely CMI, was 87.66, representing a year-on-year growth rate of -7.27%, with a chain growth rate of -35.67% (based on CMI judgment standard, CMI is between 50-100, indicating that the market is pessimistic and there may be downside risks).

In 2016 April, China's construction machinery market index declined year by year, with a decline of more than 30%.

According to the latest data show that in March the national excavator sales of 13744 units, an increase of 19.35%, 1-3 months cumulative sales of 20348 units, an increase of 15%. From the point of view of domestic sales subdivision structure, small digging increased by 16.95%, the growth rate of 10.12% in the same period, 72.51% growth, accounting for 62%, 29%, 9%, accounting for three percentage points, accounting for 3 percentage points higher than the same period. Large digging speed increase also shows that in the infrastructure, mining and other large engineering field demand has improved.

After a brief increase in excavator sales, it is expected to fall into recession again. In the questionnaire survey of excavators in China Construction Machinery Market Research Center, half of the respondents' customer equipment operating rate is less than 50%.