December crane sales rebounded sharply and ended successfully throughout the year

â—† The sales of cranes rebounded sharply in December, and the successful completion of the crane market was again active in December. With the continued rebound in sales volume, the production and sales ratio index has risen.

The monthly sales peak in 2010 is still in March, and the overall trend is very similar to that in 2009, indicating that the crane environment in China is becoming stable. In 2011, the monthly sales trend will still maintain this trend. From the analysis of downstream demand, 2011 will be the last year for project construction to maintain a high operating rate, so it is expected that there will be a good growth in total volume, but demand will gradually weaken in the second half of the year, and sales from August to October are likely to be low There will be a year-on-year negative growth.

â—† The business indicators of the company continued to improve in December and are expected to be optimistic in the future.

In December, the crane sales rate reached 62.4%, an increase of 6.65 percentage points from the previous month, and a decrease of 2.38 percentage points from the same period of last year. The production and sales of the crane market were again active this month. As the sales volume continued to rebound, the production and sales ratio index rose. This month's stocks remain at around 2,400, which is the highest point in the past two years. From the point of view of the annual trend, since September, the inventory of crane companies has risen by a step from the previous month, indicating that companies have strong confidence in sales in 2011 and are more optimistic about the market performance in the first quarter of 2011.

â—† The domestic economic prosperity index is relatively high, and inflation expectations are expected to increase. In December, the PMI index fell by 1.3 percentage points from the previous month, of which the new orders index fell more noticeably and deserved attention. The growth rate of industrial added value in November increased slightly from the previous month, and the growth rate of exports and investment increased significantly. From these circumstances, the economic downturn in the future will not be obvious.

â—† Currency tightening changes the future market environment, and high-speed growth will come to an end. In the near term, the central bank raised the reserve ratio 3 times in two months or more, and raised interest rates twice, with a high frequency, which is rare in history. This also fully demonstrates the central bank's eagerness to return to normalization of monetary policy after two years of loose monetary policy under special circumstances.

Inflation is still the biggest problem facing the economic environment in 2011. The trend of monetary policy will be closely related to inflation performance. It is expected that the CPI will remain high in the first half of 2011 and will decline month by month in the second half of the year. As a result, the money supply will continue to contract in the first half of the year. This will help suppress the prices of assets (especially energy and raw materials) and create favorable conditions for production cost control.

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