The purchasing manager index (ccpmi) of China's chemical industry in October 2020, released by the hazardous chemicals logistics branch of China Federation of logistics and purchasing and Mobei (Shanghai) Biotechnology Co., Ltd., was 53.37%, up 0.98 percentage points over the previous month. According to the 18 sub indexes, there were 8 indexes that rose on a month on month basis, among which finished goods inventory and order backlog increased by more than 5% increased by 11.83% and 6.99% respectively; four indexes declined, of which the ex factory price of main products decreased by more than 5%, with a decrease of 8.77%; the other six indexes were flat with the previous month.
After returning from the holiday in October, the market demand started, and the domestic economy developed strongly and the demand increased. However, the port inventory is still at a high level, and the inventory pressure always exists; the overseas epidemic situation accelerated the rebound, inhibited the growth of demand, crude oil fell to the lowest point in May, and the ccpmi index rose slightly in October.
1. The purchasing volume index was 62.50%, up 1.05 percentage points over the previous month. From the perspective of enterprise scale, the purchasing volume index of large and small and medium-sized enterprises is 60% and 55% respectively.
2. The purchase price index was 63.75%, up 2.3 percentage points over the previous month. From the perspective of enterprise scale, the purchase price index of large enterprises is 50%; that of small and medium-sized enterprises is 53.13%, higher than 50%.
3. The import index was 15.63%, up 2.37 percentage points over the previous month. In terms of the size of enterprises, the import indexes of large and small and medium-sized enterprises are 30% and 16,88% respectively, both lower than 50%.
4. The production index was 60.63%, 1.42 percentage points lower than the previous month. From the perspective of enterprise scale, the production index of large and small and medium-sized enterprises is 60% and 54.38%, both higher than 50%.
5. The fixed asset investment index was 50%, flat with the previous month. From the perspective of enterprise scale, the fixed asset investment index of large and small and medium-sized enterprises are both 50%.
6. The employment index was 54.38%, up 4.38 percentage points over the previous month. From the perspective of enterprise scale, the employee index of large enterprises is 50%; that of small and medium-sized enterprises is 46.25%, less than 50%.
7. The safety education index was 60%, unchanged from last month. From the perspective of enterprise scale, the safety education index of large and medium-sized enterprises is 60%, higher than 50%.
8. The scientific research index of the project was 50%, which was the same as last month. From the perspective of enterprise scale, the safety index of large-scale and small and medium-sized enterprises is 50%.
9. Large, medium and small repair cost index was 70%, flat with the previous month. From the perspective of enterprise scale, the repair cost index of large, medium and small enterprises is 70%, higher than 50%.
10. The environmental protection index was 80%, unchanged from the previous month. From the perspective of enterprise scale, the environmental protection index of large and medium-sized enterprises is 80%, higher than 50%.
11. The inventory index of finished products was 60.63%, up 11.83 percentage points over the previous month. From the perspective of enterprise scale, the inventory index of finished products of large-scale and small and medium-sized enterprises are 50% and 51.88% respectively, both higher than 50%.
12. The inventory index of raw materials was 53.75%, 2.88 percentage points lower than that of the previous month. From the perspective of enterprise scale, the raw material inventory index of large enterprises is 60%, and that of small and medium-sized enterprises is 49.38%, lower than 50%.
13. The index of new orders was 58.75%, up 1.52 percentage points from the previous month. From the perspective of enterprise scale, the new order index of large enterprises is 50%; that of small and medium-sized enterprises is 52.5%, higher than 50%.
14. The index of new export orders was 25%, up 2.11 percentage points from the previous month. From the perspective of enterprise scale, the new export order index of large and small and medium-sized enterprises were 40% and 25.63%, respectively, both lower than 50%.
15. The order backlog index was 60%, up 6.99 percentage points over the previous month. From the perspective of enterprise scale, the order backlog index of large enterprises is 50%; that of small and medium-sized enterprises is 48.75%, lower than 50%.
16. The ex factory price index of main products was 57.5%, 8.77 percentage points lower than that of the previous month. From the perspective of enterprise scale, the ex factory price index of main products of large enterprises is 60%, higher than 50%; that of small and medium-sized enterprises is 41.25%, lower than 50%.
17. The reverse logistics index was 60%, flat with the previous month. From the perspective of enterprise scale, the reverse logistics index of large and medium-sized enterprises are both 60%, higher than 50%.
18. The supplier delivery time index was 46.25%, down 0.74% from the previous month. From the perspective of enterprise scale, the supplier distribution time index of large enterprises is 50%, and that of small and medium-sized enterprises is 48.75%.
Survey of purchasing managers in China's chemical industry
1. Interpretation of main indicators
China chemical industry purchasing manager index (ccpmi) is based on the purchasing manager index (PMI) of China's manufacturing industry, mainly aiming at the characteristics of the chemical industry, to expand the application of PMI index in industry segmentation. It covers all aspects of enterprise procurement, production and circulation. It can objectively analyze the overall operation status, development trend and changes of China's chemical manufacturing industry as a special industry. Ccpmi usually takes 50% as the dividing point of economic strength. When ccpmi is higher than 50%, it reflects the economic expansion of chemical industry; if it is lower than 50%, it reflects the economic contraction of chemical industry.
2. Investigation method
According to the contribution of chemical products to the added value of the whole chemical industry, PPS (unequal probability sampling in proportion to the enterprise scale) is adopted to determine the sample enterprises.
3. Calculation method
The questionnaire of purchasing manager in chemical industry involves purchase quantity, purchase price, import volume, production volume, investment in fixed assets, employees, safety education and training, project research, large, medium and small repair costs, environmental protection, finished product inventory, inventory of main industrial raw materials, new orders, backlog orders, ex factory price of main products, etc
