China’s Feb yellow goods sales triple on year
Mar 09, 2021 14:00
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China’s February excavator sales soared 205% on year or 44.4% on month, according to the latest data from China Construction Machinery Association (CCMA) on March 9, the rise had to do with the low base number in the first quarter of 2020 with the COVID-19 outbreak in China, and at the same time the remaining robust demand from the ongoing construction projects across the country.
China’s sales of excavators including domestic sales and exports among 26 major manufacturers totalled 28,305 units last month, which took the sales for January-February to 47,906 units, or up 149.2% on year, according to the CCMA data.
“Our orders and actual sales so far in 2021 have nearly tripled on year,