With the continuous rise of coal inventories in important domestic ports (Tianjin port, Caofeidian port, the second port of the Yangtze River, etc.), and the pressure of railway departments to dredge ports has increased; The operating rate of industries repeatedly affected by the epidemic is lower than expected; Coupled with the continuous rise in the proportion of hydropower, the superposition of various factors led to a decline in the demand for coal. These are transmitted to the construction machinery industry. The operating rate of coal mine construction equipment in major coal producing areas such as Inner Mongolia and Shanxi is insufficient or the project is temporarily suspended. It is expected that the impact will not ease until August and September!
The most affected construction machinery products are mineral equipment, including ore body trucks, excavators, loaders, etc.
