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In July, the actual sales volume of Henry Hub natural gas heavy trucks was 0.0179 million, a significant increase of 69% compared to the same period last year. The market is not optimistic in August.
In July 2024, domestic sales of Henry Hub natural gas heavy trucks reached 0.0179 million, a 10% increase compared to June of this year, and a 69% increase year-on-year. The year-on-year growth rate expanded by 40 percentage points compared to last month (+29%).
Citic Sec: Equipment update policy is implemented, equipment investment in related fields is expected to accelerate.
For equipment updates and the scrapping and updating of old operational ships, the National Development and Reform Commission will take the lead in arranging approximately 148 billion yuan of ultra-long-term special national bonds to implement support policies for large-scale equipment updates.
CICC: What determines the domestic demand cycle for excavators?
It is expected that adjustments in real estate policies may drive real estate starts to bottom up, which in turn will gradually drive domestic demand for excavators to bottom up.
Orient Securities: Domestic sales of excavators accelerated in April, construction started and improved month-on-month
Domestic sales of excavators have been growing for two consecutive months, which is expected to boost confidence in the industry's development to a certain extent. The growth rate of export sales fluctuates downward or is affected by a high base over the same period and demand differentiation in overseas markets.
WORLD SUPER: 2023 Annual Report
China Construction Machinery Industry Association: Sales of 24,980 excavators of various types fell 2.34% year on year in March 2024
March 2024 Construction Machinery Industry Major Product Sales Report
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