September crane market is getting better market prospects to fully rebound

September, with the further improvement of our economy, and the crane market sales during the second coming season, the market has begun to pick up our cranes. Among them, truck  hoist gantry crane  and truck mounted crane market than last year and last month, both showed greater growth; affected by financial crisis relatively serious crawler crane market, its market trends have begun to decline significantly weakened. In addition, with our country in times of financial crisis on a massive infrastructure investment projects have started construction and a further improvement in the economy, the future development of the market will be further bullish crane.
     In the crane market sales rate, September, China's crawler cranes, truck cranes, truck mounted cranes, heavy machinery and tires four major categories of mobile cranes market sales ratio (market sales of available-for-sales ratio) rapid uplift to 62.94%, and sales rate of increase of 6.26 percentage points from the previous month, compared with same period last year grew by 7.29 percentage points. After nearly a year after the financial crisis, shackles, jib crane  market rebound gradually showing the development trend.

     Inventory in the crane market, in September 2009, China's four major categories of mobile cranes month stock market turnover days decreased to 17.75 days, down by 4.35 days, compared with the same period last year dropped by 4.06 days, crane market inventory turnover days begin decline significantly faster inventory turnover, the market digested markedly increased. As the economy rebounds, crane market is showing more and more strong development trend.

     In addition, in September of the credit structure has also been significantly improved short-term corporate loan growth, while continuing to reduce bill financing, bank credit continues to turn to show the real economy. With the gradual economic recovery, short-term funding needs of larger enterprises, credit support to the real economy is increasing, directly enhance our understanding of the  gantry crane  market development expectations.