METALS-LME metals fall as survey shows deep contraction in China manufacturing

Most London base metals prices dropped on Friday after a closely watched private survey showed that factory activity in China, the world's top metals consumer, shrank by the most in almost three years last month. The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) for January fell to 48.3 - its worst reading since February 2016 - from 49.7 in December. The survey came a day after China's of


from Reuters: Company News https://reut.rs/2MKS57U
via IFTTT

Post a Comment

Previous Post Next Post