China Metal Cutting Machine Tool Output Hit a New Record in May

iAbrasive has made a market research concerning China metal cutting machine tool developing trend in May, 2014. Statistics from iAbrasive indicate that average price of China import machine tool has witnessed substantial decline in the recent two months. The varying import machine tool tendency has thrown light upon China machine tool demand change and new sources of growth.

According to iAbrasive report on June 24, China metal cutting machine tool output hit a new record in May, the total output volume was 96,000 sets, an crease of 41.2% compared to the previous year; 43.3% ring increase. The highest record in the past was 84,000 sets in June and July, 2011. From January to May, China metal cutting machine tool totaled 342,000 sets, 11% year-on-year basis. The output is expected to remain positive growth in the next few months. At present, China machine tool consumption market has entered a fast-developing period, or we can call it a climax period. It is unpredictable how long it may last, so China machine tool manufacturers shall grasp the opportunity and make the best of it.

In addition, various demand for China machine tool is changeable rapidly, a great number of industries may produce large demand. Therefore, iAbrasive analysts suggest that China machine tool pay close attention to latest market situation, enhance research into different industry demands, keep intimate contact with clients, improve company ability to develop and meet demands as many as possible. Only by this way, can China machine tool companies survive and succeed.

iAbrasive, a professional abrasives online foreign trade platform, will always seek to provide the latest news in abrasives industry as well as closely related industries. For more information, please visit iAbrasive news channel: http://www.iabrasive.com/articles.