1. The June CMI index was 133.67, and the market was still in the expansion range
The data released by the craftsman construction machinery show that in June 2020, the China Construction Machinery Market Index (CMI) was 133.67, an increase of 2.62% year-on-year, and the increase was expanded; the chain decreased by 1.04%, and the decrease was narrowed (according to the CMI judgment standard, 130
In the CMI index, the inventory index surveyed by the manufacturer group decreased by 1.6 percentage points from the previous period, and the production index decreased slightly by 0.3 percentage points; the new order index surveyed by the agent group survey feedback increased by 5.7 percentage points year-on-year and decreased by 6.5 percentage points from the previous month. ; The user price index for first-line market research decreased by 1.8 percentage points.
Second, January to May construction machinery demand-side investment growth recovery speed
From the perspective of investment on the demand side, in terms of fixed asset investment, from January to May, national fixed asset investment (excluding rural households) was 199.494 billion yuan, a year-on-year decrease of 6.3%, a decrease of 4.0 percentage points from January to April. Among them, private fixed asset investment was 11.232 trillion yuan, a decrease of 9.6%, and the decline narrowed by 3.7 percentage points. In terms of chain speed, fixed asset investment (excluding farmers) increased by 5.87% in May.
In terms of infrastructure investment, from January to May, infrastructure investment (excluding electricity, heat, gas and water production and supply) fell by 6.3% year-on-year, a decrease of 5.5 percentage points from January to April. Among them, investment in the water conservancy management industry decreased by 2.0%, and the decline narrowed by 4.0 percentage points; investment in the public facilities management industry decreased by 8.3%, the decline decreased by 5.3 percentage points; investment in the road transport industry decreased by 2.9%, the decline decreased by 6.5 percentage points; railway transportation Industrial investment fell by 8.8%, the decline narrowed by 7.3 percentage points.
In terms of real estate development investment, from January to May, national real estate development investment was 459.2 billion yuan, a year-on-year decrease of 0.3%, and the decline was narrowed by 3.0 percentage points from January to April. The housing construction area of real estate development enterprises was 7.628628 million square meters, an increase of 2.3% year-on-year, and the growth rate fell by 0.2 percentage points from January to April. The floor space of houses newly started was 69.533 million square meters, a decrease of 12.8%, and the decrease narrowed by 5.6 percentage points. The floor space of houses completed was 236.87 million square meters, a decrease of 11.3%, and the decrease narrowed by 3.2 percentage points.
In the mining industry, from January to May, investment in the mining industry fell by 8.7%, and the decline narrowed by 0.5 percentage points.
Overall, the current growth rate of several major investments in the demand side of construction machinery is still in the negative growth range, but the decline in growth rate has clearly narrowed, indicating that my country's current investment in construction machinery demand side is gradually recovering.
III. Infrastructure construction continued to work, and the total investment of the project started in June exceeded 2.4 trillion
According to incomplete statistics of Mysteel, more than 4,100 major projects were started in various provinces and cities in June 2020, with a total investment of over 2.4 trillion yuan. Compared with May, the number of projects started in June increased by about 36.74%, and the total investment amount increased by about 5.12%.
By region, Henan's total investment ranks first. The total investment of the province's projects totals 505.5 billion yuan. Among them, the second batch of 267 major projects in Zhengzhou, Henan Province, which will be started in 2020 on June 5, has a total investment of 317.9 billion yuan.
According to the information of all parties, the growth rate of the fixed investment field, which is closely related to the construction machinery industry, continues to narrow, indicating that the current downstream investment in the construction machinery industry is still recovering, and the start of major projects in June has increased.
Jiangke Construction Machinery predicts that in June 2020, the domestic excavator market sales will be 18,181 units, a year-on-year increase of 46.5%. According to the CME observation of Construction Machinery Magazine, sales of excavators (including exports) are expected to reach 24,200 units in June 2020, a year-on-year growth rate of about 60%. Among them, the domestic market is 21,500 units, a year-on-year growth rate of about 73%; the export is about 2700 units, a year-on-year growth rate of about 2%.
