China's heavy truck sales hit new record in H1

Time:2020-07-06 11:55:17      Source:Xinhuanet.com
China's heavy truck market reported record sales in the first six months as the phase-out of heavy emission vehicles and greater efforts in overload control boosted purchases, industry data showed.
 
During the first half of this year, heavy truck sales amounted to around 810,000 units, rising 23 percent from the previous year, according to auto industry information service provider cvworld.cn.
 
An estimated 165,000 heavy trucks were sold in June, surging 59 percent year on year.
 
FAW Jiefang Automotive Co., Ltd., a truck subsidiary of Changchun-headquartered FAW Group, continued to lead the market with 38,000 heavy trucks sold last month, increasing 67 percent year on year.
 
An analyst from Guotai Junan Securities said that driven by strict policies for high emission vehicles, the annual sales of heavy trucks in 2020 are expected to see year-on-year growth of over 15 percent. 
Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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