New orders in the third quarter reduce machine tool companies to lower market expectations next year

The reporter learned from the China Machine Tool Industry Association yesterday that due to the macroeconomic impact, the new orders in the machine tool industry in the third quarter showed a downward trend, and the bearish market has become the mainstream mentality of machine tool enterprises. Recently, the association conducted research on more than 60 companies in the industry. Most enterprises report that market demand information has decreased; orders for low-end products have declined significantly; orders for heavy-duty and large-scale machine tool products have shown a significant downward trend, with large-scale machine tool products being particularly prominent. Some companies also report that users are not eager to pick up the goods for completed orders, and even explicitly request delayed delivery. People from the Fujian Machine Tool Industry Association said that since the inflection point of new orders in June, the current machine tool market has shown a downward trend compared with 2010 and the first half of this year. Demand across the market has declined. In this regard, Wu Bolin, executive vice president of China Machine Tool Industry Association, pointed out that from the domestic factors, China’s previous investment of 4 trillion yuan has generated early consumption; from overseas markets, the US’s monetary policy to solve the debt problem has made the world Inflation pressure has increased, especially due to factors such as China's macroeconomic regulation and control since the beginning of this year. After the rapid growth of China's machine tool market in the past two years, new orders in May and June this year began to fall sharply, and the growth rate slowed down. Signs. The reporter learned that at present, although some domestic large-scale machine tool enterprises have completed their annual orders, it is a foregone conclusion to complete the expected growth. However, the association pointed out that the high orders in 2011 were mostly obtained when the company was operating at a high market level. Since July, the new orders of enterprises have shown a downward trend. Although it does not affect the growth rate this year, most companies have worried about the market next year and lowered the market expectations for next year. Fu Caixia, an analyst with the national securities machinery industry, clearly stated that “we have been worried that the imprint of the economic recovery policy intervention in 2009 is too deep. Once the policy turns to the recovery time of the compressor bed industry, our concern is now becoming a reality. ——The recovery of the machine tool industry may be terminated prematurely.” The association reminded that in the fourth quarter, enterprises should pay close attention to the market while preparing a positive response plan, and should make overall arrangements on various resources such as capital and production capacity of the enterprise. Form differentiated core competencies and strive for survival and development opportunities in the ever-changing market competition.

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