China's manufacturing PMI picks up in June

Time:2020-06-30 15:36:12      Source:Xinhuanet.com
The purchasing managers' index (PMI) for China's manufacturing sector ticked up to 50.9 in June from 50.6 in May, the National Bureau of Statistics said Tuesday.
 
A reading above 50 indicates expansion, while a reading below reflects contraction.
 
Business activities of the country's manufacturing sector continued to pick up in June amid the country's efforts to mitigate the impact of the COVID-19 epidemic, NBS senior statistician Zhao Qinghe said.
 
The PMI for 14 of the 21 surveyed sectors registered a reading above 50, an increase of five from last month, NBS data showed.
 
The sub-index for production edged up 0.7 percentage points to 53.9 in June. The sub-index for new orders picked up 0.5 percentage points to 51.4, rising for two consecutive months, NBS data showed.
 
As major global economies resumed business successively, external demand recovered but remained sluggish, with the sub-index measuring new export orders increasing 7.3 percentage points to 42.6, NBS data showed.
 
Tuesday's data also showed that the PMI for China's non-manufacturing sector came in at 54.2 in June, up from 53.6 in May. 
Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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