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Affected by the domestic demand policy, the import value of machine tool products in June was 990 million US dollars, down 3.9% year-on-year and 41.8% month-on-month, the highest value in nearly 8 months. Mainly due to the rapid increase in the import of metal processing machine tools, the monthly import volume reached 660 million US dollars, an increase of 10.7%.
Large-scale heavy-duty machine tool foreign trade market is performing well
Since 2009, the import and export of large and heavy-duty machine tools in China has grown rapidly. In the first half of the year, CNC milling machines, CNC grinding machines and CNC gear processing machines increased by more than 50% year-on-year. The average unit price of large machine tool exports has doubled, and the export performance of heavy machine tools outperforms other products.
In June, China's imported metal processing machine tools showed a trend of price reduction, the number decreased by 4.0% year-on-year, the amount increased by 10.7%, and the average unit price of imports increased by 15.3%.
Machine tool market demand has shrunk dramatically
Since 2009, the demand for China's major machine tool export markets such as Europe, the United States, Japan and other economically developed bodies has fallen sharply. Affected by the international financial crisis, the machine tool market in India, Brazil and Russia, which has risen rapidly in 2008, is also declining at a double-digit rate. In the first half of the year, the cumulative number of export machine tools decreased from 37.1% at the end of 2008 to -31.3%.
China's imports of machine tools from Asia and the United States have all declined at a double-digit rate. However, in the first half of the year, from the European camp represented by Germany, the growth of machine tools imported into China was positive, with an increase of more than 20% except Switzerland. And the average price is generally higher than the overall level.
Foreign investment has significantly reduced the performance of domestic enterprises
In the first half of the year, foreign-invested enterprises imported machine tools of US$1.09 billion, down 26.2% year-on-year. This indicates that foreign investment is decreasing in the first half of 2009.
Compared with the same period of last year, the value of imported CNC machine tools by state-owned enterprises and private enterprises increased by 20.6% and 45.3%, respectively, which was higher than the same period of the previous year by 14.7 and 36.8 percentage points respectively. China’s foreign trade pattern is also undergoing significant changes.
Cutting tool exports surpassed gold cutting machine tools for the first time
According to customs data, in the first half of 2009, the export of cutting tools in the machine tool industry dropped the least year-on-year, at -18.6%, and the share of exports rose from 17.0% in the same period of the previous year to 21.7%. The export volume was slightly weaker than the first gold cut. Machine tools, while the average price increased by 17.2%.
In the first half of the year, China's machine tool industry showed signs of improvement in foreign trade.
According to the statistics released by the customs, from January to June, the cumulative export value of China's machine tool industry was 2.13 billion US dollars, a year-on-year decrease of 36.2%. In the case of a year-on-year decline in the export volume of the whole industry, the export of individual industries showed a relatively stable rebound, and the growth rate was relatively large.