Coke Market Report September

1. Financial review

1.1 Initial value of HSBC PMI better than expected

The final value of PMI of China’s manufacturing industry in September, released by HSBC was 50.2%, almost the same with the initial value of 51.Asian Metal Copyright Data show that economic growth levels off, indicating weakening possibility of the government announcing stimulating policies.Asian Metal Copyright2% which was the highest in recent six months.Asian Metal Copyright1 Initial value of HSBC PMI better than expected The final value of PMI of China’s manufacturing industry in September, released by HSBC was 50.Asian Metal Copyright Data show that economic growth levels off, indicating weakening possibility of the government announcing stimulating policies.Asian Metal Copyright Data show that economic growth levels off, indicating weakening possibility of the government announcing stimulating policies.Asian Metal Copyright Funds tightened in China in Q4, and many banks had suspended house loan before the National Day, weighing on the operation of downstream industries and capital withdrawal in steel market, which is unfavorable to the recovery of steel prices.Asian Metal Copyright2%, almost the same with the initial value of 51.Asian Metal Copyright Capital is anticipated to pick up in October, while at a limited pace.
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