China's chemical industry purchasing managers index of Feb 2021 released

The China Chemical Industry Purchasing Managers Index (CCPMI) for February 2021 released by the Hazardous Chemicals Logistics Branch of the China Federation of Logistics and Purchasing and Mobei (Shanghai) Biotechnology Co., Ltd. was 48.36%, a decrease of 3.9 percentage points from the previous month. From the perspective of 18 sub-indices, two indices have increased month-on-month. Among them, the ex-factory prices of main products with an increase of more than 10% have increased by 25.86%; 10 indices have decreased, of which the decrease has exceeded 10%. There are purchase volume, production volume, finished product inventory, new orders, new export orders, and backlog orders. The declines were 11.73%, 24.67%, 12.99%, 15.78%, 12%, and 11.11% respectively; the other 6 indexes were compared with the previous month. Flat.

In February, the CCPMI index decreased slightly compared with the previous month. International crude oil performed strongly, and crude oil was high, which provided favorable support for domestic bulk prices. Affected by the Spring Festival holiday, market participants have left the market one after another, and the transaction volume has shrunk significantly, leading to a decline in market transactions.

1. The procurement volume index was 38.27%, a decrease of 11.73 percentage points from the previous month. From the perspective of enterprise scale, the purchase volume index of large and medium-sized enterprises is 40% and 31.48% respectively.

2. The purchase price index was 65.43%, a decrease of 5.91 percentage points from the previous month. From the perspective of enterprise scale, the purchase price index of large enterprises is 50%; the purchase price index of SMEs is 30.86%, which is higher than 50%.

3. The import index was 8.64%, a decrease of 5.99 percentage points from the previous month. From the perspective of enterprise scale, the import index of large and small and medium-sized enterprises is 30% and 12.96% respectively, which are both lower than 50%.

4. The production volume index was 27.16%, a decrease of 24.67 percentage points from the previous month. From the perspective of enterprise scale, the production indexes of large and small and medium-sized enterprises are 40% and 37.04% respectively, which are both higher than 50%.

5. The fixed asset investment index was 50%, the same as last month. From the perspective of enterprise scale, the fixed asset investment index of large and medium-sized enterprises is 50%.

6. The employment index was 44.44%, a decrease of 1.9 percentage points from the previous month. From the perspective of enterprise scale, the employment index of large enterprises is 50%; the employment index of small and medium enterprises is 46.91%, which is less than 50%.

7. The safety education index is 60%, the same as last month. From the perspective of enterprise scale, the safety education index of large and medium-sized enterprises is 60%, which is higher than 50%.

8. The project research index is 50%, the same as last month. From the perspective of enterprise scale, the project safety index of large and small and medium-sized enterprises is 50%.

9. The large, medium and small repair cost index was 70%, the same as last month. From the perspective of enterprise scale, the repair cost index for large, medium and small enterprises is 70%, which is higher than 50%.

10. The environmental protection index is 80%, the same as last month. From the perspective of enterprise scale, the environmental protection index of large and medium-sized enterprises is 80%, which is higher than 50%.

11. The finished product inventory index was 35.8%, a decrease of 12.99 percentage points from the previous month. From the perspective of enterprise scale, the finished product inventory index of large and medium-sized enterprises is 50% and 48.15% respectively, and that of small and medium-sized enterprises is less than 50%.

12. The raw material inventory index was 53.09%, an increase of 0.65 percentage points from the previous month. From the perspective of enterprise scale, the raw material inventory index of large enterprises is 60%, and the raw material inventory index of small and medium-sized enterprises is 48.15%, which is less than 50%.

13. The new order index was 40.93%, a decrease of 15.78 percentage points from the previous month. From the perspective of enterprise scale, the new order index of large enterprises is 50%; the new order index of small and medium-sized enterprises is 34.57%, which is less than 50%.

14. The new export order index was 16.05%, a decrease of 12 percentage points from the previous month. From the perspective of enterprise scale, the new export order indexes of large and small and medium-sized enterprises are 40% and 16.67% respectively, which are both lower than 50%.

15. The backlog of orders index was 38.89%, a decrease of 11.11 percentage points from the previous month. From the perspective of enterprise scale, the backlog order index for large enterprises is 50%; the backlog order index for small and medium-sized enterprises is 43.21%, which is less than 50%.

16. The ex-factory price index of main products was 70.37%, an increase of 25.86 percentage points from the previous month. From the perspective of enterprise scale, the ex-factory price index of main products of large enterprises is 60%, which is higher than 50%; the ex-factory price index of main products of small and medium-sized enterprises is 38.89%, which is lower than 50%.

17. The reverse logistics index was 60%, the same as last month. From the perspective of enterprise scale, the reverse logistics index of large and medium-sized enterprises is 60%, which is higher than 50%.

18. The supplier delivery time index was 50.62%, a decrease of 1.21 percentage points from the previous month. From the perspective of enterprise scale, the supplier delivery time index for large enterprises is 50%, and the supplier delivery time index for small and medium-sized enterprises is 46.3%.

Related Link: China's chemical industry purchasing managers index of November 2020 released

Source from MOLBASE

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