Economic downturn, new machine orders fell in June

It is reported that in June, the overall demand of the machinery industry has not seen a big improvement. Most enterprises are reflected in the macroeconomic downturn, and enterprises are rarely able to obtain good benefits. Among them, the number of response orders from machine tool enterprises declined slightly, and demand remained weak. Construction machinery companies reported that sales volume was stable during the off-season and basically met expectations.
New orders for machine tools are still very inadequate overall: Most companies report that the number of orders in June has declined with seasonality, and overall it has declined slightly compared with last year, which is basically in line with corporate expectations. Under the current withdrawal of the city, the company itself did not have too optimistic expectations, because from the downstream industries, there has not been much improvement.

Construction machinery research companies reported that sales in June were basically in line with expectations: most companies did not see significant changes in the industry's prosperity in June, and downstream demand remained basically stable in the off-season. Although the company feels that this year's situation is slightly better than last year, in terms of business conditions, it is still in the bottom stage.

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