China’s manufacturing returns to positive expansion

By Antonio Torrisi
Published: Wednesday, 02 April 2014

Positive signs of recovery in the Chinese manufacturing industry hint at the possibility of a rebound of the demand of many industrial minerals, such as fluorspar, graphite, potash and chromite, in an economy which plays a central role in several industrial minerals end markets.

The Chinese manufacturing industry has shown a slight increase as the official HSBC Purchasing Managers’ Index (PMI) rose from 50.2 in February to 50.3 in March, this year.

The slight increase in PMI, a leading indicator for industrial growth, suggests that Chinese economy is stabilising and will allow...

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