In August of metal processing machines: Price...

Published on 2016-03-24

Abstract: August imports of metalworking machine tools chain growth, however, due to the import price continued to fall, imports MoM decline.   August 2010, China’s imports of metalworking machine tools 9754 units, an increase of 10.34%, a substantial increase of 138.25 percent year on year; imports amounting to approximately $ 829 million, a decline of 4.26%, a substantial increase of 117.63 percent year on year. The average import price of $ 84,996 / units, down 13.23 percent year on year also fell 8.66 percent.   2010 1-8 months, China imported a total of metalworking machine tools 68460 units, an increase of 63.9% over the same period in 2009 41770 units; total imports amounting to approximately $ 5.62 billion, compared with $ 3.953 billion in the same period in 2009 increased by 42.2%; the average import price of $ 82,088 / unit, compared to $ 94,635 in the same period in 2009 / Taiwan fell by 13.26%.   Can be derived from the analysis of the above data, the first eight months of 2010, imports of metalworking machine tools, showing a clear growth trend, total imports grew by more than 60%. However, imports in August MoM decline was mainly due to the average import price in August metalworking machine tools decreased by 13.23%. In the first eight months, the average import price up metal processing machine tools fell by 13.26%, which is a matter of concern at present exist in the industry. Metal processing machine tool export price continued to fall, so that the profits of export enterprises significantly reduced, which became the largest industry enterprises are facing difficulties. Today exports are no longer stressed volume, but rather focus on product structure adjustment and upgrading of export. Therefore, the future long-term export focus is on the adjustment of product structure and improve the quality of growth and efficiency while maintaining the total growth, avoid low-level exports continue to expand causing more severe price competition. (Source: China Trade Remedy Information Network)