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China s March factory activity growth lowest in almost a year: Caixin PMI

By Reuters Staff 4 Min Read BEIJING(Reuters) - China’s factory activity in March expanded at the slowest pace in almost a year on softer overall domestic demand, but underlying economic conditions remained positive even as input and output inflationary pressures intensified for manufacturers. FILE PHOTO: A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) dropped to 50.6 last month - the lowest level since April 2020 - from February’s 50.9, missing analyst expectations for an uptick to 51.3.

SMM Morning Comments (Apr 1): Shanghai base metals rose broadly on positive US ADP employment data and President Joe Biden s infrastructure proposal _SMM

More Home / Metal News / Copper / SMM Morning Comments (Apr 1): Shanghai base metals rose broadly on positive US ADP employment data and President Joe Biden’s infrastructure proposal SMM Morning Comments (Apr 1): Shanghai base metals rose broadly on positive US ADP employment data and President Joe Biden’s infrastructure proposal Apr 1,2021 09:57 CST Source:SMM China’s factory activity in March expanded at the slowest pace in almost a year on softer overall domestic demand, but underlying economic conditions remained positive even as input and output inflationary pressures intensified for manufacturers. SHANGHAI, Apr 1 (SMM) Shanghai base metals rose for the most part on Thursday morning, holding onto overnight gains, while their counterparts on the LME set for a mixed start. 

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