China's manufacturing purchasing managers' index (PMI) rose to 51.1pc in July from June's 50.9pc, the highest level since April and a fifth consecutive month above 50pc that indicates the sector's expansion.

 

The national statistics bureau PMI data showed sub-indexes for production rose to 54pc in July, up by a 0.1 point, also exceeding 50pc for five consecutive months. The purchasing volume index hit 52.4pc, which was a 0.6 point higher than last month. The new order index was 51.7pc, an increase of a 0.3 point from the previous month and higher for the third consecutive month.

 

The export orders index remained below 50pc in July but 5.8 points higher than June, rising to 48.4pc. This was attributed to easing lockdown measures in major global economies, along with the Chinese government's policy supports coming into effect.

 

The purchase price index of major raw materials rose to a 12-month high to 58.1pc, up by a 1.3 point against last month. Purchase price indexes of upstream sectors like petroleum, refining, steel and non-ferrous metals were all higher than 63pc, with ex-factory price indexes exceeding 58pc. The raw material inventory index was 47.9pc, an increase of a 0.3 point from June, indicating that main raw material inventories continued to fall.

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第八届电解锰国际会议暨锰系合金市场研讨会

时间：2020年8月19日-21日 地点：宁夏·银川

 

第17届中国铁合金国际会议

时间：2020年9月23日-25日 地点：重庆