Auction Analysis

Steady and decline Auction market trending low from sluggish heavy machinery market Weak demand in this month as buyers are

More demands for agricultural and transportation machines Less demands for civil and construction machines, especially for excavators, rollers and wheel

This month coincide with Japan’s auction season resulting in lower supply to auction Meanwhile, auction participants increase with market demands

Buyer power improves as predicted with higher investment from government and private sectors Consumer Confidence index improves, synonymous with improvement

Bright prospects for the New Year with investments in construction projects from government and private sector Demands from neighbouring countries is

The final month’s auction still saw weak buying power, but no. of bidders increased both locally and from neighboring countries.

November auction prices still waver in the negative zone. This month there is more buying power from neighboring countries. New

October auction prices still low and fluctuate Auction market still not very responsive as expected pending private sector projects budgets

September auction is not bad, likely from less machine supply Auction see 50% new buyer and 50% existing buyer This

August auction prices steady aside from seasonal decline which has hit bottom Dealers began stocking inventory, but number of auction

The number of auction items this month decreased as compared to last month, in line with Thailand low season at

This month’s auction saw prices adjusted down and lesser no. of bidders.  The demand for machinery during this period will

Rainy season has started this month and demand for machinery is reduced during this season. This resulted in lesser number