Steel circulation industry PMI in September 49.7 less cyclical demand
In September 2016 the total steel circulation industry PMI index of 49.7, down 3.1% month-on-month, into the shrink range.Looked
from the partial, make steel circulation industry 10 subindex of PMI,
in addition to the enterprise employees index was flat, delivery speed,
inventory levels, financing environment three partial rebound, the rest
of the 6 items.Steel
trade enterprise sales decrease in September, the downstream order
reduction, enterprise bullishness is abate, purchase intention fell
slightly, overall judgment of the boom of steel circulation market
demand in October.
Sales
index was 47.8% in September, than fell 4.0% last month, fell to below
the critical point, show that steel trade enterprise sales, less steel
circulation market activity falling.From
the region, in September the national six major areas, in addition to
the central south region sales index rebounded, the rest of the region
fell back to different extent, the biggest sales fell in north China.
September
orders index was 47.9%, compared to last month fell 3.4%, to return to
the shrink range, suggesting weaker steel end demand.47.9%,
among them, the domestic orders index is down 3.4% last month, in
August the steel trade enterprises from domestic users of orders have
been falling, downstream end-user requirements.Export orders index by 44.1%, down 6.0% month-on-month, shows that foreign demand is also reduced.
Trend judgement index was 49.7% in September, than fell 7.8% last month, back to shrink range.Among
them, the proportion of enterprise bullish market outlook fell 40.6%
last month, the proportion of enterprises look flat afternoon a growth
of 18.6% last month, the proportion of enterprise bearish market outlook
is an increase of 22.0% last month, shows that the steel trade
enterprises to given bullish mood decreased significantly.From
the area, six regions except southwest slightly rebounded in the rest
of the region fell back to different extent, the biggest drop in
northeast China.
Purchase
intention index was 50.2% in September, than fell 2.6% last month,
according to the steel trade enterprise purchase intention is slightly
reduced, procurement requirements.Among them, the proportion of enterprise purchasing will increase from the previous month to reduce 9.4%;The proportion of purchase intention flat fell 2.2% last month;The proportion of purchase will reduce 11.6% increase from the previous month.From
the area, six regions in southwest, northwest steel trade enterprise
purchase intention index continues to rebound, the rest will fall.From the enterprise sales, annual sales of 50-1 million tons of steel trade enterprises procurement requirements back racking.
The stock index was 50.2% in September, than up 2.8% last month, has been two months in a recovery situation.Inventories
of the enterprise is up 7.2% last month, inventory level of enterprise
is up 8.0% last month, inventory reduction enterprise down 15.2
percentage points compared with last month.From the area in north China are falling slightly, the other five regional stock index rebounded.From the enterprise sales, annual sales of 10-500000 tons of steel trade enterprise inventory back up faster.