[PMI Index] Purchasing managers Index for Copper downstream Industry in June-Shanghai Metals Market

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[PMI Index] Purchasing managers Index for Copper downstream Industry in June

Translation 11:17:46PM Jul 01, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

In June, the final value of the PMI composite index for the copper downstream industry was 45.99, which was lower than the expected initial value, and the production index also fell back to the contraction range. In June, the end of the copper consumption into the off-season market, domestic consumption has decreased, while export orders have also been reduced due to trade disputes. New orders in the transportation, home appliances and power industries all tended to weaken, and construction starts slowed down due to the increase in rainy days, but new orders increased significantly in the electronics industry due to increased investment in 5G, and the comprehensive PMI index rebounded to the expansion region.

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[PMI Index] Purchasing managers Index for Copper downstream Industry in June

Translation 11:17:46PM Jul 01, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

In June, the final value of the PMI composite index for the copper downstream industry was 45.99, which was lower than the expected initial value, and the production index also fell back to the contraction range. In June, the end of the copper consumption into the off-season market, domestic consumption has decreased, while export orders have also been reduced due to trade disputes. New orders in the transportation, home appliances and power industries all tended to weaken, and construction starts slowed down due to the increase in rainy days, but new orders increased significantly in the electronics industry due to increased investment in 5G, and the comprehensive PMI index rebounded to the expansion region.

(click to view a larger image)

 

 

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

"Click to attend the SMM2019 Copper Industry chain Summit

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