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Global manufacturing rebound or copper prices continue to rebound
Jul 12, 2016

Global manufacturing rebound trend continuation

In August, the world's major economies, manufacturing data were better than market expectations. As a big copper consumer, China's economy staged very clear signs of stabilisation. China of August official PMI for 51, chain rose 0.7%, continued has July of rebounded momentum, from points items index see, 11 a points items index all chain rebounded; worth note of is, HSBC Manufacturing PMI in continuous 3 months wandering in contraction interval Hou, August rebound to 50.1, create 4 months high, and hit August 2010 yilai maximum increases; previously market expected 48.3, July end value 47.7. HSBC announced numerical display, new orders and output in pulling back on expansion in manufacturing activity.

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