US EditionIron Ore Falls as China PMI Slips to Lowest Level Since 2022
6 Articles
6 Articles
In May 2025, the Caixin China Manufacturing PMI was 48.3, down 2.1% from the previous month. This was the first time that the index fell below the 50 boom-bust line in eight months and the lowest value since October 2022.
Contracts for delivery in September, the most traded, closed at US$ 96.5 per tonne
China: Manufacturing shock slowdown. Caixin May PMI plummets to 48.3. Orders and exports plummet. Tariff war lost? - Economic Scenarios
Even though the hard data, i.e. the real ones, appear positive for China, as if the trade conflict was not relevant, the forecast data have taken a sudden downward direction. China’s Caixin general manufacturing PMI unexpectedly fell to 48.3 in May, down from 50.4 in April and below the forecast of 50.6, marking the sector’s first contraction in eight months. The latest data also represents the steepest decline since September 2022, with product…
In China, the mood in small and medium-sized industrial companies in the midst of the trade conflict with the USA has become surprisingly dim.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
