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

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

Translation 08:24:46PM Mar 29, 2019 Source:Shanghai Nonferrous Metals Network

In March, the final value of the PMI composite index for the copper downstream industry was 56.03, 2.36 percentage points higher than the expected initial value. In March, the production of downstream enterprises gradually returned, but the enterprises said that the terminal demand was obviously not as optimistic as expected. The overall market is also not as slow as in previous years, the pace of return is slower. The production index rebounded to the expansion range in March, with the composite new orders index above the boom-bust line.

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

Translation 08:24:46PM Mar 29, 2019 Source:Shanghai Nonferrous Metals Network

In March, the final value of the PMI composite index for the copper downstream industry was 56.03, 2.36 percentage points higher than the expected initial value. In March, the production of downstream enterprises gradually returned, but the enterprises said that the terminal demand was obviously not as optimistic as expected. The overall market is also not as slow as in previous years, the pace of return is slower. The production index rebounded to the expansion range in March, with the composite new orders index above the boom-bust line.