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  • Chinese motors sales down by 12.6% MOM in July

    2012-08-10 10:15:11   [Print]
    BEIJING (Asian Metal) 10 Jul 12 – According to China Automobile Industry Association, production and sales of Chinese motors both saw decreases month-on-month, but increases year-on-year.

    According to the data, Chinese motors production and sales were about 1.44 and 1.Asian Metal Copyright98 million, up a bit by 4.Asian Metal Copyright38 million in July, down by 6.Asian Metal Copyright98 million, up a bit by 4.Asian Metal Copyright2% and 12.Asian Metal Copyright According to the data, Chinese motors production and sales were about 1.Asian Metal Copyright6% month-on-month respectively and increased by 10% and 8.Asian Metal Copyright It was traditional season in July for motors industry and many plants carried out equipment maintenance during this period of time, so the decrease month-on-month is reasonable.Asian Metal Copyright2%.

    In the first seven months of 2012, Chinese total motors production and sales were 10.97 and 10.Asian Metal Copyright8% and 3.Asian Metal Copyright98 million, up a bit by 4.Asian Metal Copyright6% month-on-month respectively and increased by 10% and 8.Asian Metal Copyright8% and 3.Asian Metal Copyright8% and 3.Asian Metal Copyright6%.

    In addition, motors stocks in plants in late July were about 0.74 million, up by 47,700 compared with those in late June.

    It was traditional season in July for motors industry and many plants carried out equipment maintenance during this period of time, so the decrease month-on-month is reasonable.

    Following more cities putting strict purchasing limitation in motors, participants’ worry about motors industry go up.

    .Asian Metal Copyright2%Asian Metal Copyright
    Aluminum Alloy ADC12 Delivered China
    Unit:RMB/mt
    Aluminum Alloy ADC12 Delivered China RMB/mt
    China secondary aluminum alloy producers' inventory to production ratio statistics by province by month
    Unit: %
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