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Top Brands Raise New Excavator Prices, Nanxiang Market Adjusts Terminal Quotations AccordinglySince May 2026, leading brands including Sany, XCMG and Liugong have successively announced an around 5% price increase for excavator products, and brand dealers in Hefei Nanxiang Auto City have adjusted te
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FrequentlyTop Brands Raise New Excavator Prices, Nanxiang Market Adjusts Terminal Quotations AccordinglySince May 2026, leading brands including Sany, XCMG and Liugong have successively announced an around 5% price increase for excavator products, and brand dealers in Hefei Nanxiang Auto City have adjusted terminal selling prices in sync. Industry analysis indicates the price hike is driven by rising raw material costs such as steel, and also reflects the recovery of industry prosperity. It has limited impact on rigid-demand procurement in the short term, as users focus more on the total life cycle cost of equipment.
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