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China's May Mining Industry Index presents an upward trend overall
The China Mining Industry Index shows that: In May 2018, the coal industry index was 126.1, an increase of 4.4% year-on-year and a month-on-month increase of 0.9%; the non-ferrous metal industry index was 186.9, an increase of 4.6% year-on-year, an increase of 0.4%; the ferrous metals industry index was 141.4. , a year-on-year increase of 2.7% and a month-on-month increase of 0.6%; the oil and gas industry index was 122.5, an increase of 5.2% year-on-year, and a month-on-month increase of 0.5%.
In May 2018, the China Mining Index generally showed an upward trend, and the trend was better than the previous month. The index of each industry index and the year-on-year growth were positive, and the growth rates of coal, non-ferrous metals, ferrous metals, and oil and gas industries were all significant compared with the same period last year. On the whole, the trend of China's mining market still belongs to the period of structural adjustment but it is stable during the period.
Indicator Explanation: China's mining industry index mainly refers to the mineral mining, processing, and manufacturing industries in the index of industrial enterprises above designated size, ie coal mining and washing, non-ferrous metal mining, ferrous metal mining, oil and natural gas extraction . China Mining Industry Index Indicators, including Shenzhen and Shanghai stock indices, total imports, mining main business income, M2, Statistics Bureau PMI, index of major mineral products output value, mining industry fixed investment, power generation, inventory, price index, etc. 10 Indicators, using 1990 as the base year. Due to the lag time of data release time, the data in May 2018 is estimated value. If there is a large error, it will be corrected after the exact data is released.