China’s June excavator sales still up 63% on year
Jul 13, 2020 10:15
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China’s sales of excavators for domestic customers and exports totalled 24,625 units in June, still higher by 62.9% on year, though sales have been recording a steady on-month decline for four consecutive months, according to the latest release of the China Construction Machinery Association (CCMA) on July 9.
Compared with May though, excavator sales among China’s 25 leading makers and CCMA members declined by another
22.4% on month, Mysteel Global calculated based on the CCMA’s data. “Sales have
been falling since March due to the poor seasonal demand, though sales still remain
pretty good on year,” a Shanghai-based market analyst commented.