24
2022
-
08
Buy up not buy down mentality, enterprises postpone procurement, turn to wait and see
Author:
Li Jiawen
Most of the companies in the sample feedback that production orders in July than in June continued to decline, including excavators fell more significantly. In addition, due to last year's high base, so the year-on-year production orders are also declining. In terms of exports, this year, the same ring has been maintaining significant growth, the current trend is still good, but most companies' export business and domestic business is not large compared to the volume, so it is not the focus of attention. In addition, some companies reflected that the first half of the overall product sales growth is lower than the increase in production more, resulting in a high inventory of finished goods, and July and August is the industry's traditional off-season, so the next few months mainly to go to inventory, the production pace will continue to slow down.