Coke Market Report October 2013
2013-11-08 18:05:02 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Financial review
1.1 HSBC PMI exceeds expectation
Preview value of PMI in China’s manufacturing industry in October was 50.9, the highest in recent seven months. Expected and previous values were 49.8 and 50.2. The index of new order was 51.6, higher than previous six months. The preview value exceeds the expectation. The index of new orders higher than 50 indicates enlarging manufacturing activities and the reverse means shrinking activities. HSBC PMI of manufacturing industry has been higher than 50 for two consecutive months in September, and the number had been lower than 50 for three months in row before.
1.1 HSBC PMI exceeds expectation
Preview value of PMI in China’s manufacturing industry in October was 50.9, the highest in recent seven months. Expected and previous values were 49.8 and 50.2. The index of new order was 51.6, higher than previous six months. The preview value exceeds the expectation. The index of new orders higher than 50 indicates enlarging manufacturing activities and the reverse means shrinking activities. HSBC PMI of manufacturing industry has been higher than 50 for two consecutive months in September, and the number had been lower than 50 for three months in row before.
