Coking Coal Market Report June 2014
2014-07-04 15:36:50 【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 overview
According to previous data, PMI always drops slightly in June. Pessimism once prevailed in the market in view of the expected PMI figure which was between 49%-51% with expected final reading of 49.8%. However, the PMI figure released on Monday was 50.2%, down by 0.2% from last month, the largest decrease historically outsides of the decline in June, 2009, which shows that the base for steady economy trend is being formed.
According to previous data, PMI always drops slightly in June. Pessimism once prevailed in the market in view of the expected PMI figure which was between 49%-51% with expected final reading of 49.8%. However, the PMI figure released on Monday was 50.2%, down by 0.2% from last month, the largest decrease historically outsides of the decline in June, 2009, which shows that the base for steady economy trend is being formed.
