China pickup truck output, sales up in June

Time:2020-07-13 11:31:04      Source:Xinhuanet.com
China's pickup truck market saw robust growth in both output and sales in June, industry data shows.
 
A total of 58,000 pickup trucks were manufactured last month, up 93.6 percent year on year, according to the China Association of Automobile Manufacturers (CAAM).
 
The figure was up 23.9 percent from that in May, when the sales and output of pickup trucks reversed the negative year-on-year growth trend.
 
In June, sales of the vehicles surged 74.5 percent year on year to 57,000 units, up 23.3 percent from the previous month, CAAM data shows.
 
During the first half of 2020, a total of 212,000 pickup trucks were manufactured and sold, down 7 percent and 7.5 percent, respectively, from a year ago.
 
In April, China's commerce ministry issued a guideline calling on local authorities to relax restrictions on the entry of pickup trucks into cities, amid efforts to further boost automobile consumption.
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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