Recently, many construction machinery companies such as Sany Heavy Industry, Zoomlion, XCMG, Liugong and other construction machinery companies have begun to increase their prices. The price increase includes pumps, excavators, cranes and other products: April 2, China Lianhe Heavy-duty pump trucks raised prices by 5% and 10% in total; on April 9, Sany Heavy Industry pump truck prices were also raised by 5% -10%; on April 11, Sany Heavy Industry Mining increased the price by 10% , Zhongda Excavation increased the price by 5%; Liugong recently announced a price increase of 3,000-10,000 yuan for the loader, and a 5% -10% price increase for truck cranes and excavators; Shanhe Smart also announced a price increase for its full range of excavators 5% -10%.
On the one hand, the price increase of construction machinery may be due to the increase in production and component supply costs during the epidemic, but the more important reason is that the construction rate of infrastructure projects in various regions has increased significantly, and market demand has recovered.
Due to the epidemic this year, the OEM started late, which affected the pre-stocking, production capacity, parts supply and other links have capacity bottlenecks. At present, there is a supply gap in the industry, and shortages have already occurred. Under this background, several major OEMs have recently Product price increase notices have been issued successively, and product sales prices will be raised later. Under the difficult situation, enterprises also need to "return blood".
The short-term epidemic has a great impact on the domestic economy, and the policy will increase the intensity of counter-cyclical regulation. The construction machinery sector will significantly benefit from increased investment in infrastructure, and the growth of the sector in the second quarter is highly certain. On March 27, the Political Bureau of the CPC Central Committee pointed out that the proactive fiscal policy should be more active and promising, and specifically mentioned that the fiscal deficit rate will be appropriately increased, special national bonds will be issued, and the size of local government special bonds will be increased, which provides a follow-up infrastructure project. Ample money for ammunition.
As of the end of the first quarter, the country has issued 108.29 billion yuan of new special bonds. The issuance progress has been greatly advanced, and it is clear that special bonds cannot be used for land storage and real estate, and the investment in infrastructure will maintain a high proportion.
