[PMI Index] Purchasing managers Index for Copper downstream Industries in February-Shanghai Metals Market

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[PMI Index] Purchasing managers Index for Copper downstream Industries in February

Translation 12:41:13PM Mar 01, 2019 Source:Shanghai Nonferrous Metals Network

In February, the final value of the PMI composite index for the copper downstream industry was 44.95, 2.8 percentage points lower than the expected initial value. The overall demand downstream was obviously affected by the Spring Festival holiday, the terminal consumption was light, and the holiday time for production enterprises was longer than in previous years. The number of days of production has been reduced. Until after the Lantern Festival, the terminal consumption gradually returned to the normal starting level, the production index in February was in the contraction range, and the comprehensive new order index was below the line of prosperity and decline.

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[PMI Index] Purchasing managers Index for Copper downstream Industries in February

Translation 12:41:13PM Mar 01, 2019 Source:Shanghai Nonferrous Metals Network

In February, the final value of the PMI composite index for the copper downstream industry was 44.95, 2.8 percentage points lower than the expected initial value. The overall demand downstream was obviously affected by the Spring Festival holiday, the terminal consumption was light, and the holiday time for production enterprises was longer than in previous years. The number of days of production has been reduced. Until after the Lantern Festival, the terminal consumption gradually returned to the normal starting level, the production index in February was in the contraction range, and the comprehensive new order index was below the line of prosperity and decline.

"Click to apply for a trial of the PMI Index report

"Click to attend the SMM2019 Copper Industry chain Summit

Scan QR code, apply to join SMM metal exchange group, please indicate company + name + main business