The reporter learned from the China Agricultural Machinery Circulation Association that China's agricultural machinery market sentiment index (AMI) was 20.2% in November 2018, down 1.8 percentage points from the previous month and down 7.0 percentage points year-on-year. The inventory index and the manager confidence index increased, and the agricultural machinery subsidy index increased the most, at 5.0 percentage points. It is expected that AMI will continue to hover in the recession in December, and the chain is expected to rebound.
This year, China's agricultural machinery market was in a downturn. In the beginning of spring plowing in March, there was a bottoming out of the market from deep recession to prosperity. At that time, the market was in the traditional peak season, and because the corn, wheat harvester and tractor market touched the rigidity and Update the results of two-way demand. Since then, since April, AMI has generally been in a downturn. From the perspective of the whole year, the agricultural machinery market is constrained by many negative factors such as the decline in rice prices, the saturation of the traditional market, the decline in purchasing power, and the renewal of the renewal cycle. The overall situation is not optimistic.
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