Global manufacturing decline weighs on minerals demand
Published: Friday, 30 August 2019
Data shows a continued slide in worldwide factory output, with raw materials traders reporting weaker orders from buyers.
Global manufacturing output slipped for a second month in
July 2019, depressing demand for industrial minerals, according
to a combination of purchasing managers’ index
(PMI) survey data and market feedback.
The JP Morgan Global Manufacturing PMI for global
manufacturing production registered 49.3 during the month, down
from 49.4 in June,...