China’s 49.2 manufacturing PMI indicates falling activity in August
The 49.2 composite reading of the Caixin/Markit China manufacturing Purchasing Managers Index (PMI) in August marks the first contraction in activity since April 2020 when China was recovering from its initial COVID-19 outbreak.
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Posted:
02 September 2021
BIMCO's Shipping number of the week
- Singapore’s September bunker sales fall to 15-month low
- Us soya bean inspections nearly double week-on-week to 1.6m tonnes
- September crude oil tanker demolishing hits 39-months high at 1.9m DWT
- Iron ore spot freight rates spike 163% to lift Capesize earnings
- Transatlantic container shipping spot rates jump 210% on last year
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