Chinese Gas Turbine Manufacturers Raise Prices Amid Surging Overseas Orders

GateNews
According to Zhonghui Jiantou research, Chinese gas turbine manufacturers including Dongfang Electric, China Power, and Avic Aero-Engine recently received increased overseas orders, with pricing increases continuing across the supply chain. Following price hikes announced in March by GEV and Jereh, additional manufacturers are raising prices, supporting margin expansion. The research estimates global gas turbine demand will exceed 150GW by 2028, while projected supply falls short of 100GW, widening the supply gap.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments