I’ve decided to give you more surprises! So all materials come with a 15% discount.
00
Blog
No data
Consult now
Need help? We’re here to assist!
Contact email
hhh@hhh.tm
Contact Address
No. 54 Dalian Road, Hi-tech District, Weihai City
The May agricultural machinery market sentiment index stood at 42.1%, showing less-than-ideal performance.
Release date:
2018-06-13
Source:
The China Agricultural Machinery Circulation Association reported that the China Agricultural Machinery Market Index (AMI) for May 2018 stood at 42.1%, declining by 19.8 percentage points from the previous month but rising by 12.6 percentage points year-on-year. On a month-over-month basis, all six primary indices showed a downward trend, with the profitability index, inventory index, consumer sentiment index, and manager confidence index each experiencing declines of more than 20%. Meanwhile, compared to the same period last year, five of the six primary indices—including the consumer sentiment index—registered increases, with the consumer sentiment index leading the way, climbing by 16.5 percentage points. Currently, all six primary indices remain in the "downturn" range.
The China Agricultural Machinery Circulation Association reported that the China Agricultural Machinery Market Sentiment Index (AMI) for May 2018 stood at 42.1%, declining by 19.8 percentage points from the previous month but rising by 12.6 percentage points year-on-year. On a month-over-month basis, all six primary indices showed a downward trend, with the profitability index, inventory index, consumer sentiment index, and manager confidence index each experiencing declines of more than 20%. Meanwhile, compared to the same period last year, five of the six primary indices—including the profitability index (which saw a slight drop)—exhibited growth, with the consumer sentiment index leading the way, increasing by 16.5 percentage points. Currently, all six primary indices remain in the contractionary range.
The May agricultural machinery market sentiment index stood at 42.1%, showing less-than-ideal performance.
Contributing analyst Zhang Hua Guang It is observed that although May traditionally marks the peak season for the agricultural machinery market, performance this month has been disappointing. The AMI index experienced a significant month-over-month decline, falling below the critical threshold and sliding into negative territory. All six primary indices saw sharp drops compared to the previous month, pushing them into contractionary territory. In contrast, year-on-year performance was mixed: while the subsidy index remained steady, the other five primary indices recorded varying degrees of growth. Among the six secondary indices, only the harvesters and seeding machinery sectors stayed in the expansionary range; all others, however, have also entered contractionary territory. As for the eight tertiary indices, aside from the wheat and rice harvester indices—which managed to hold onto positive ground—the deep loosening machine index continued its downturn, while the remaining indices all plunged into negative territory. The substantial month-over-month decline suggests that the agricultural machinery market will likely face intense downward pressure in the coming months. Meanwhile, with the exception of the subsidy index, most other indices showed year-on-year growth, indicating that this year’s market conditions are stronger than last year’s. Several factors contributed to this trend: First, the lackluster peak season can largely be attributed to declining grain prices, which have extended equipment replacement cycles and dampened investment demand. Second, last year’s market slump created a "valley" of low sentiment, directly driving many key indices higher year-on-year this year. Finally, the sharp month-over-month decline was primarily fueled by the unusually high levels of activity in April. Given June’s typical off-season characteristics—marked by weaker consumer confidence and plummeting manager sentiment—it’s expected that the AMI will continue to weaken, with most indices remaining firmly in contractionary territory.
Other updates
Product Focus | Danason Hydraulic Generators in Telescopic Boom Forklift Applications
Dannasen's equipment, as a prime example of a versatile partner in engineering machinery, can continuously meet the growing demand for multifunctional operational applications of telescopic boom forklifts.
Understand the company culture, familiarize yourself with the rules and regulations, and clearly define your career path. Quickly adapt to your new role, seamlessly integrate into the team, and bring fresh energy to drive the company’s high-quality growth.
Just ahead of the Great Heat solar term, a delegation from the Yiyuan Trade Union of Weihai High-tech Zone visited HHH Cooperation MACH. ELEC.CO., LTD., delivering watermelons, mineral water, and other heat-relief supplies to frontline workers braving the scorching temperatures.
HHH Fuwa, Happy Children's Day "June 1"! - A Documentary of the HHH Parent-Child Activity Event
As the 72nd International Children's Day approaches, HHH Group is hosting a photo-sharing event titled "HHH Fuwa, Happy Children's Day!" Wishing all the beloved Fuwa children a joyful "June 1st" celebration! On this special day that celebrates childhood and innocence, we encourage HHH family members to capture every precious moment of the Fuwa’s growth through their cameras, share smiles that radiate happiness, and bring these heartwarming snapshots into the big HHH family!
As one of the leading enterprises in China's power transmission, drivetrain, and intelligent electro-hydraulic control systems industry, our company not only attracts talent from all walks of life—much like water naturally gathers and flows—but also unites as a single, determined force. At the same time, we are committed to providing female employees with greater opportunities for growth and platforms that empower them to fully unlock their talents and potential in the workplace.
On the eighth day of the first lunar month in 2025, HHH Cooperation MACH. ELEC.CO., LTD., led by Chairman Zhang Shu, gathered全体员工 to sing the national anthem together as they watched the vibrant five-star red flag and the HHH company banner slowly rise into the sky. This solemn and inspiring moment not only symbolizes the company’s thriving growth but also embodies the heartfelt aspirations of every HHH employee for a bright and promising future.
On November 26, 2024, HHH Cooperation MACH. ELEC.CO., LTD., a national-level "Little Giant" enterprise specializing in specialized and innovative products, joined its Shanghai branch to participate in the Bauma Shanghai – China International Construction Machinery Exhibition.
bauma CHINA 2024 will be held from November 26 to 29, 2024, at the Shanghai New International Expo Center. HHH Cooperation MACH. ELEC.CO., LTD.'s Shanghai branch looks forward to seeing you at Booth N4.848—let’s move forward together for a win-win future!
Contact us now
Need help? We’re here to assist!
Contact email
hhh@hhh.tm
Contact Address
No. 54 Dalian Road, Hi-tech District, Weihai City
WeChat Official Account
If you have any questions about our products or need assistance, please don’t hesitate to reach out to us.
Enter your information, and our team will contact you shortly.
E-mail：
Telephone：
在线客服添加返回顶部
页面顺滑的滚动
禁止全站的文字复制和图片下载 .copy-ok
右侧在线客服样式 1,2,3 3
图片alt标题设置： Weihai HHH Mach.&Elec. Co., Ltd.
表单验证提示文本： Content cannot be empty!
循环体没有内容时： Sorry,no matching items were found.
CSS / JS 文件放置地