CME: China's September excavator sales to rise 12% YoY

Total sales of Chinese excavators to both domestic and overseas customers this month may jump by 12% on year to reach 16,000 units, according to the latest forecast released on September 23 by Beijing-based industry magazine Construction Machinery and Equipment (CME).

For September, domestic excavator sales are predicted to increase 17% on year to reach 7,300 units, while exports are seen climbing by 9% on year to 8,700 units, CME noted. The relatively lower base volume of sales during September last year was one of the reasons for the predicted on-year growth, it said. Domestically, the